Core Insights - Century Aluminum Company (CENX) has extended its power purchase agreement with Santee Cooper to secure power supply for its Mt. Holly aluminum smelter through 2031 [1][10] - The extension supports the company's plan to reactivate idle production capacity at Mt. Holly, with a planned investment of $50 million [2][10] Production and Economic Impact - The reactivation is expected to add 50,000 metric tons of aluminum output and create over 100 new jobs [3][10] - Currently, the Mt. Holly plant operates at approximately 75% capacity, with plans to reach full production by early summer 2026, a level not seen since 2015 [3][4] - At full operation, the Mt. Holly smelter is projected to contribute about $900 million annually to South Carolina's economy, with new positions averaging $125,000 in wages [4][10] Collaboration and Future Plans - The agreement with Santee Cooper reflects extensive collaboration and a shared goal of supporting industrial operations in South Carolina [5][6] - The restart of the idled capacity is contingent upon final confirmation of economic incentives from the State of South Carolina and Berkeley County [6][10] Market Performance - CENX shares have increased by 66.3% year to date, outperforming the industry's rise of 15.8% [8]