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Stock impact report

Aluminum facility once planned for NKY picks different state for expansion [Yahoo! Finance]

Century Aluminum Company (CENX) 
Last century aluminum company earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.shareholder.com/cenx
Company Research Source: Yahoo! Finance
The aluminum smelter development — where the process of extracting aluminum is done before it is cast or molded — was once heralded by the governor , his economic development cabinet and other local leaders as Northeastern Kentucky's largest prospective investment. But Century Aluminum and Emirates Global Aluminum will locate their joint venture just outside Tulsa, Oklahoma, instead. It marks the second time in the last decade where an aluminum plant opted not to build in Kentucky. In 2017, Braidy Industries said it would put a nearly $2 billion aluminum mill in Ashland that would employ more than 500 people. The company never broke ground and in 2022, the state recouped $15 million in taxpayer dollars and returned a more than 200-acre property back to the local industrial authority. The Century Aluminum project is the first new U.S. aluminum smelter built in 45 years and could have been the largest investment on record in Eastern Kentucky. It was projected to create over 5,500 Show less Read more
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