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Century to take 40% of project to build first US aluminum smelter in 46 years

The Inola smelter will produce 750,000 metric tons annually, more than doubling U.S. output and creating 1,000 permanent jobs and 4,000 construction jobs, officials said.

  • Century Aluminum joined Emirates Global Aluminium under a joint development agreement announced Jan. 26, 2026, with Century taking a 40% stake and EGA holding 60%, developing a smelter in Inola, Oklahoma.
  • Facing heavy import reliance, U.S. aluminum industry meets about 85% of its needs through imports while Century sought northeastern Kentucky for a $5 billion smelter before power access hurdles led to its DOE-backed partnership.
  • Detailed engineering is already underway, with construction to start by the end of 2026 and production by the end of the decade, using EGA's EX smelting technology creating 1,000 permanent and 4,000 construction jobs.
  • Developers say the Inola plant could catalyze an Oklahoma aluminum hub, supporting thousands of jobs, while environmental and labor groups in Kentucky expressed disappointment at losing the project.
  • A project this large will demand over 11 terawatt-hours annually, with aluminum's global 2% emissions and Oklahoma's energy mix of more than 40% wind, shaping its feasibility.
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Reuters broke the news in United Kingdom on Monday, January 26, 2026.
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