Century Aluminum Applauds Treasury Guidance on 45X Clarifying Application to U.S. Primary Aluminum Industry
15 Dicembre 2023 - 9:30PM
Century Aluminum Company (NASDAQ: CENX) welcomes the recently
released interpretive guidance from the U.S. Treasury Department
clarifying the scope of Section 45X of the Inflation Reduction Act
and its application to the U.S. primary aluminum industry. In
response to the new guidance, Jesse Gary, Century Aluminum’s CEO,
thanked the Biden Administration for its continued support of the
U.S. aluminum industry.
“We thank the Biden Administration for these important
clarifications, and we are excited about the benefits that the
U.S. primary aluminum industry will realize from the advanced
manufacturing tax credit. Century Aluminum is proud to do its
part to advance the broader national goals of increasing domestic
production of critical minerals, accelerating the green energy
transition and positioning the U.S. as a global leader in advanced
manufacturing.”
Century Aluminum is the largest domestic producer of primary
aluminum in the U.S., with smelters located in Sebree, KY,
Hawesville, KY, and Mt. Holly, SC.
Century Aluminum will host an investor conference call
on Tuesday, December 19, 2023 at 11:00 a.m. Eastern
time to discuss the impact of the Treasury Department's guidance on
the 45X Advanced Manufacturing Tax Credit.
The conference call will be webcast live on the Century Aluminum
Company website, located at www.centuryaluminum.com. Plan to begin
the registration process at least 10 minutes before the live call
is scheduled to begin. A replay of the webcast will be archived and
available for replay approximately two hours following the live
call.
Contact: Ryan Crawford (investors and
media)investorrelations@centuryaluminum.com (312)
696-3132
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