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(AMM) Ravenswood smelter restart inches closer with W.Va. bill
March 10, 2010 - 21:43 GMT
Location:
NEW YORK
KEYWORDS:
Century Aluminum
,
Ravenswood
,
smelter
Century Aluminum Co.'s shuttered smelter in Ravenswood, W.Va., could be just a signature away from a restart.
The 170,000-tonne-per-year smelter, idled in February 2009 when aluminum prices were at the bottom of the market, moved one step closer to production this week when the state legislature passed a bill to authorize reduced power rates during times of low aluminum prices.
The bill, approved by both West Virginia's Senate and House of Delegates, is now awaiting a sign-off from the state's governor, Joe Manchin.
Manchin's approval of Senate Bill 656 would be a significant move forward...
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