Century Aluminum to take $73.2M charge in Q2

Century Aluminum Co. said Friday it expects to record an equity investment impairment charge of $73.2 million in the second quarter. Monterey-based Century (NASDAQ:CENX) said the charge is from a recently agreed transfer of the company's 50 percent ownership interests in Gramercy Alumina LLC and St. Ann Bauxite Limited. This non-cash charge will be reflected in Century's June 30 financial statement.