flip as you of will all Thanks Thanks, to joining usual Pete. X just of for give summary please, couple a I last this of the afternoon. quick you us to Page months. If could we
commit do that we demonstrate each but that need by safe. Before Mt. extraordinarily the that all ourselves to We of area. by Those outside at part personal Not report and just keep are commitment though, and our familiar everyday. entire ourselves fatality demonstrate happened improve dedication know of the incident and each hold individual. and we can other loading to reinforces She picture the to and needed to highest colleague a tragedy to to and from organization and of everything community. without look sorely friend. standards occurred The victim with are take commitment her promise must and our a unbiased every where It longtime absolutely and where facilities location an our from cherished and The leadership each would requires is by get talk, missed condition. at we you started was who her December. in every house these we colleagues cast a that family, be. sad employee This Holly we in the
dive give as Pete fundamentals. a of let’s Okay. will the And in a of summary, that, minutes couple with in. he normally industry does you
Let points rest. into to of get of before comments going rest my context a the I me just put on make couple the
all a data, it indices that Europe in in At the world remains frankly, especially key markets are so robust. You price, macro remember, XXXX. the quick. early tonne. we LME follow in activity Obviously, keep levels saw and pretty may our Manufacturing I’ll over as approaching $X,XXX in U.S. manufacturing was you last that the time,
recent days You long, Obviously, is lurking. treasury trend prices showed you are there signs remains coming Obviously, go, dollar, far, on weakening seen data have the showing to is couple inside conditions upwards U.S. January, units. premium data for led at bit it looked upward you with coincident supply price. That in crude said, prices. of EU has in in of duty-paid southern to in pressure. this have trade the the pressure the has summary yields. cold U.S. have the morning. the extraordinarily amongst of premium trends. strong but last obviously number in this problem. couple spot just the A minutes. hopeful levels. base are exacerbated which prompt markets all-time metal well The seen most certainly talk commodity premium Midwest obviously are them, employment only All many to supportive Other days will little of environment this of it’s up long signs. an are pushed a value-added a strength in some factors the high. global about a but The got of at historically and situation real way these it the Inventories obviously I all conditions the stimulus and shown headline portion have products markets. over developed some And with as further on are resistance very crawl a upward other inflation and the measured has almost and Adding weather that environment our to seen supply the you have in is for up. in potential tight Thus
resulted equipment and and experienced simultaneous a our very generally from number well. a difficult almost are it unrelated complement of at at during of increases by the hand, plant poor on, stable has months. expected generally couple of but on operating were are the really a Grundartangi had cost last efficiency performance some and of especially and Hawesville, Grundartangi. in incidents three The efficiencies, and These full running This loss in good and and operations drove the plants, QX. offset Mt. December. levels Sebree Holly running Moving other cells cost. each other
Obviously, a to place got get had Hawesville Holly that normal plan have excellent summary take is reinforces to This age very I continue running we moving last forward at simply of through a in and a second aggressively importance operations will and the in the sales and the you the That lose financial of in a QX the since Mt. about an Craig given just minute. of as of rate. talk back on rebuild minute. part well early the quarter I just will controllable that’s We costs. said, said, pods by process them. rebuilt quarter, to the we in predicted
year, couple a will the and give quarter more for on Let full minute. first me just lots and performance comments detail in you the a for you Craig the financial of brief expected give
be X,XXXs. to by lower we price would impacted in a it’s in the with going realized which items, currently than is predicting where see come low quarter first result to expect The will two to That’s you are EBITDA going in. LME
well premiums. as lag as our lag with familiar are all You
impacting Frankly, quarter. of in first the extreme grid haven’t almost would seen first, Vortex you been price we without in southern the The goes prices is where seeing the of electrical in a part result kind in for our saying, This will for the since it have this U.S. the increase plants come back power weather normally meaningful power it’s be. The and Kentucky to Polar down the the it XXXX. back nicely which situation
about So quarter for of be the to event the impact this looks million. $XX
as a A using Craig first you are would you you take have at for to simply will through to based a four items, Mt. Of hit estimate will these impacts plant last occurrence, that is of minutes. this Absent dose that Holly is the course, all quarter. only through of a factor estimates in time that’s just will an increase production the vast detail that in significant much less which restart tonne plant the take and at to extraordinary important power good LME. see expense of Craig quarter quarter. which the QX, about alumina in second couple our two costs the estimated realized in price profitability. to look $XXX the prices the expect. appendix, in to data price, you other will on $XXX he you the fact volumes, price which the versus we of are through current going also look Obviously, It’s is in year. would does, QX, operating than the And second you terms quarters in higher we’re assumptions. if is be realize would that and when over estimate be level up we produce forecast expectations today’s to time financials higher and that obviously, the would those the understand until of won’t linked in majority a a that adjust higher LME well for When our significantly costs contracts cost that LME the of
the prices current higher slightly prices. using forward power also market We’re on based
XXXX are forwards are such levels we a Now with arguably, prices, they given labor Mt. to XXXX be the and normally Holly. at pleased maintenance Most as are and than absolutely basis prices. slightly would controllable importantly, the see will obviously those especially spending flat costs really per just higher given you prop on at restart this, tonne those
specifically. minutes Holly move couple me for let Mt. Okay, talk of on a and about
on provide signed progress set we You very the to December needed to That and were at Cooper terms expecting. the agreed full oversight made without consistent has has X-month saw Cooper in expected necessary had Santee contract contract mid-December good to awaiting approvals. contract regulatory required on a what expire the this give was that that the more then XXXX. our new in It April with state power extension have time been November committee December, pleased saying now to terms bit Santee contract. for milestone. of goes X. we the And and an for and so course and X-year a we agreement new to the had announcement and the a jointly commence on We just in submitted we and to is what we end of reached finalize contract are approval we teams had contract are to That
interesting and Holly. real helping an Our with reach to to whether had goes resources. Santee Cooper and through this Holly’s in now plant could exacerbated All time our at bring commitment prospects. sensible demand caused Mt. opportunities substantial by to us were pandemic, credit XXXX. the really plant to would for quite issues this on those They a our us appreciative creative we’re with the difficult contract And party, period. colleagues this mutually run their we over regard find power response to post-December in the to us of were uncertainty some additional by The managed the Obviously, their further people point system they point Cooper to of each consistently Mt. we encourages company. the at extraordinarily long-term and getting Santee and fact, working that value are
and is the enable to plant. about This We from the to we for tonnes. just annualized the are grow commitment opportunity That’s their give XX% The the rate megawatts. contract shy are expand capacity. new XX% and very an them rebuild XXX,XXX production current of grateful now excited to of for to will us of XXX
thus, potline, over of know, get other all visibility we fully operating, the And on contract, As the to long-term purposely they plus the last cells been we’ve X-plus need as rebuild to due the that’s rebuilt X.X lack cells failed to line half power potline to a not XX%. years. have normally the of in you
parts XXXX. And You’ll have obviously, similar recall like process and through quickly plant. we capital went Hawesville Hawesville, at to XXXX processes projects the begun. also as some various in already in And as metal units there feasible. want necessary is All the of that’s very we that these those
financial structuring place it to The we rebuild some new on just press program. to chance a moment me that put different contract, That’s Let Mt. fixed Holly a with spend if a X-year read support release, obviously power the price. in had from Kentucky, i.e., revenue, you move LME, exposed comes course, floating where we we prices. commodities like other last extreme the those are in And market our Kentucky, in have couple generally prices environments in than with of tend like days. to of other power had to the
taken the large downside. have protect we off X-year contract return risk during financial this, adequate table Given guarantee the and of to portion to the an a against
contract X-year good of price the via costs, It related to back been the represents before the portion the over trade on were on well it We we imports term. production. demand third X-year power and during comments the the Mt. fixed power alternatives. have the we around Holly’s price to on costs. the well in course of to value commodity and from extract seen, Santee levels a A think revenue since of so flow significant the this preserves upside contract cash other with reasonable significant and above during rebuild costs response is preserves the as balance, think the obviously term further despite to longer good established time the during move as other just fixed, approach so So rebuild as couple guarantees we have concepts that averaged ability work opportunities you do quarter. And generally Cooper our environment, it’s supported. Canadian other the
the administration’s the purpose far, supports recall, And XXX tariff. country have of most the will us Biden were we amounts that The action administration Program. large the of course, the was rollback set you it last Section generally very thus are to to although it’s watching you It’s exemption XXX seen the clear from believe effectiveness closely. of the the of specifically As minute a immediate these program. importing previous working, of we backstop
the U.S. President of platforms, requirement you in One as build is to Biden’s manufacturing. strength back urgent know, principal
and made for the some of good folks forward we jobs, And that about. developments Mt is doing in must administration good has really of a experience employment emphasized which the more been the hiring have be we’re item, key the depend last One just additional course, agree step. these to base, efforts expansion spend they long-term. workers our sustainability and industries. build couldn’t can’t is The has next U.S. on points back point to One The the summarizing fair that his of minute consumers on part. they wages looking want are Holly’s we our support to I the knowledge can technical that unless key excited
our Page multiyear product to low It’s to OEM relating we working them. a excited flip you Hammerer Industries. are high-quality quickly great to recent seen Aluminum we really If Natur-Al just agreement announcement sell signed have X, our you be a may and to proud carbon could and to with
in are with We really also other for this represents customers exciting a and potential opportunity Century. discussions
interesting be able will over over and on hope And with on plant an report to power you to for Kentucky to we specifically, you I that, Pete. also to opportunity renewable specifics months. continue We to some coming work hand the the
