Century Aluminum’s (CENX) Jamalco joint venture in Clarendon, Jamaica has started work to resume production following landfall of Hurricane Melissa on Tuesday. As part of its standard hurricane preparedness plan, Jamalco preemptively curtailed production at its refinery and mines over the weekend ahead of landfall. No injuries to employees or material damage occurred at Jamalco’s refinery, mines or port operations. Jamalco expects to increase production to normal levels gradually over the next few weeks. Century does not expect the event to have a material effect on its financial results.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CENX:
- Trump Trade: ‘Very substantial framework’ of China trade deal reached
- Trump reverses Biden-era rule related to copper smelter emissions, Reuters says
- Century Aluminum price target lowered to $34 from $37 at Wells Fargo
- Century Aluminum Halts Production Due to Equipment Failure
- Century Aluminum subsidiary forced to stop production
