Century Aluminum has announced the sale of the Hawesville, Kentucky site, which will be redeveloped by TeraWulf Inc.
The site will be transformed into a digital infrastructure campus supporting high-performance computing and artificial intelligence workloads.
Century Aluminum will retain a non-controlling minority equity stake, reflecting its continued interest in the site’s productive reuse and long-term benefits to the Hawesville community.
The redevelopment of the Hawesville site by TeraWulf is expected to create substantial new jobs, both construction and permanent skilled positions, and generate long-term economic activity for the region.
“We are very pleased to see the Hawesville site transition to productive use that will benefit Hawesville and the entire Commonwealth of Kentucky,” said Jesse Gary, Century Aluminum’s President and Chief Executive Officer.
“Our agreement allows us to remain connected to the project and supportive of the community as the site is redeveloped.”
The Hawesville redevelopment follows a series of other significant investments in the United States by Century Aluminum.
These investments include the expansion of the Mt. Holly, South Carolina smelter and its new 750,000MT smelter to be built in Inola, Oklahoma, with partner Emirates Global Aluminium (EGA).
“Century is proud to be the largest producer of primary aluminium in the United States and is dedicated to continuing to invest domestically to meet the national security needs of the United States for this critical mineral,” Mr Gary said.
