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Article: United States : DJ Century Aluminum Assessing Helguvik Smelter Financing Options.
- Article from:
- TendersInfo
- Article date:
- October 29, 2009
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Byline: manish03
Century Aluminum Co. (CENX) said late Tuesday it is assessing its financing options for the first phase of its Helguvik smelter project in Iceland, which saw construction halt as the global economic downturn took its toll on the banking sector. "We are presently assessing our financing options for the project's first phase," said company President and Chief Executive Logan Kruger.
"In addition, we are working with the key constituencies in Iceland to satisfy the requirements for a full restart; toward that end, in August we signed an Investment Agreement with the government of Iceland," he added.
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