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Stock impact report

US Announces $6 Billion to Clean Up Heavy Manufacturing [Financial Post (Toronto, Ontario, Canada)]

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: Financial Post
in a bid to clean up hard-to-decarbonize industries including metal, paper and glass. Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — The first new US aluminum smelter in 45 years may be built as part of about $6 billion in grants the Biden administration is awarding to companies in a bid to clean up hard-to-decarbonize industries including metal, paper and glass. Century Aluminum Co., once a central beneficiary of former President Donald Trump's trade war, is set to receive as much as $500 million in funding to build the facility, according to a statement Monday. That would double the size of the nation's current domestic production of the energy-intensive metal while also reducing emissions by an estimated 75%. Article content Article content Domestic production of aluminum, used in solar panels, semiconductors and fighter jets, has been steadily declining for years. That's happened even h Show less Read more
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