Century Aluminum Company (NASDAQ:CENX) Q3 2023 Earnings Call Transcript

Jesse Gary : I understand Sorry, I understand your question. I’m sorry, I understand the question now. It’s a bit hard to relate it back to the previous period because the Q3 number had some impact from the June outage running through it. And it’s a bit hard to sort of compare there’s a few different things going on there. So, I think it’s probably easier just to wait until the Q4 call will leave you the exact total what it turned out to be. But again, it should be fully covered under the insurance policy. So…

Timna Tanners : Got it. Okay. One last thing, if I could. So, the discussion is moving nonpolitical capacity makes me wonder if Ravenswood is becoming less likely to return. So, I just wanted to ask about — any updated thoughts there? And the longer that Ravenswood out doesn’t that make it also more difficult to restart?

Jesse Gary : Timna, you’re showing how long you covered Century because you’re referencing Ravenswood which was in West Virginia, and it’s permanently curtailed back in — yes 2008.

Timna Tanners : Sorry. You know I meant. Hawesville, I’m sorry, not Ravenswood. Yes, I’m sorry, it’s Hawesville.

Jesse Gary : Yes, I know what you mean. Yes. No, I know what you mean. No, no real comment on Hawesville at all. Obviously, it’s much easier to take action at an operating smelter like Mt. Holly, than it is to restart a curtailed smelter like Hawesville. And so, when we look at options going forward, I think it will be pretty consistent that you’ll see us talk about Mt. Holly is the first option to add production, but it’s really not a comment on the future prospect positive at all.

Operator: There are no more questions. So, I’ll pass the call back over to the management team for closing remarks.

Jesse Gary : Thanks, everyone. We really appreciate the questions, and we look forward to talking to you in February for our Q4 call. Thanks.

Operator: That concludes the conference call. Thank you for your participation. You may now disconnect your lines.