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Century to Acquire Kentucky Aluminum Smelter From Rio Tinto

Century Aluminum Co. (CENX), the third- largest U.S. producer of the metal by market value, said it agreed to buy the Sebree smelter in Kentucky from Rio Tinto Group for $61 million.

Rio will retain all historical environmental liabilities and will fully fund the pension plan being assumed by the buyer, Monterey, California-based Century said today in a statement.

To contact the reporter on this story: Sonja Elmquist in New York at selmquist1@bloomberg.net

To contact the editor responsible for this story: Simon Casey at scasey4@bloomberg.net

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