Century Aluminum Announces $4 Billion Smelter Project in Oklahoma
Century Aluminum (CENX) is constructing a $4 billion aluminum smelter in Oklahoma, which is expected to double U.S. aluminum production capacity. The company's stock has risen over 22% in the past month, driven by its strategic shift toward becoming a major player in U.S. primary aluminum production. The project is anticipated to benefit from lower-cost energy sources and aligns with U.S. government priorities for critical metal production.
Tickers: $CENX
Topics: aluminum production capacity expansion infrastructure partnerships stock performance