Lutnick attends Century Aluminum Mt. Holly expansion ribbon cutting in South Carolina
Fox Business segment reports from the July 27, 2026 ribbon-cutting at Century Aluminum's Mt. Holly smelter in Goose Creek, South Carolina. Commerce Secretary Howard Lutnick highlights the plant's return to 100% capacity after prior idling, crediting tariffs for the expansion that boosts U.S. primary aluminum production by 10%. Lutnick discusses foreign government subsidies like free power undercutting U.S. producers and details a recent policy allowing committed domestic investors to face 25% rather than 50% tariffs. The report notes more producers considering U.S. investments and shows pot lines and jobs at the facility.
Source: Fox Business