Century Alum Co Stock Price, News & Analysis

Century Aluminum (CENX) said its Jamalco joint venture in Clarendon, Jamaica has begun restart procedures after Hurricane Melissa made landfall on Oct. 29, 2025.

Jamalco preemptively curtailed refinery and mine production before the storm. The company reported no injuries and no material damage to its refinery, mines or port operations, and expects to gradually restore production to normal levels over the next few weeks. Century said it does not expect the event to have a material effect on financial results. The company noted it is coordinating support with the Government of Jamaica and partner Clarendon Alumina Production Limited.

Century Aluminum (NASDAQ: CENX) will report third quarter 2025 earnings on Thursday, November 6, 2025 after market close.

The company will issue the news release via GlobeNewswire and host a follow-up conference call on November 6, 2025 at 5:00 p.m. Eastern. The earnings call will be webcast live at www.centuryaluminum.com; investors should begin registration at least 10 minutes before the scheduled start. A replay will be archived and available about two hours after the live webcast.

Investor contact: Ryan Crawford, investorrelations@centuryaluminum.com, (312) 696-3132. Media contact: Tawn Earnest, Tawn.earnest@centuryaluminum.com, (614) 698-6351.

Century Aluminum (NASDAQ:CENX) said Norðurál Grundartangi, its Iceland smelter subsidiary, temporarily stopped production on one of two potlines after an electrical equipment failure at the Grundartangi facility on Oct. 21, 2025. No injuries occurred.

Production at the smelter is temporarily reduced by approximately two‑thirds; the other potline remains in full production. Management said an impact assessment and equipment replacement timeline are underway and will provide an update on the Nov. 6 quarterly earnings conference call. Century expects related losses to be covered by property and business interruption insurance and is coordinating with affected customers and suppliers.

Century Aluminum (NASDAQ:CENX) signed a power agreement extension with South Carolina Public Service Authority (Santee Cooper) to secure power for its Mt. Holly smelter through 2031. The company plans a $50 million investment to restart idle capacity, add 50,000 metric tons of annual production and raise U.S. aluminum output by 10%. The restart is expected to create >100 jobs and move the plant from ~75% to full production by early summer 2026. Final restart details depend on confirmed economic incentives from Berkeley County and South Carolina.

Century Aluminum (NASDAQ:CENX) has announced plans to restart over 50,000MT of idled production at its Mt. Holly, South Carolina smelter, representing a 10% increase in U.S. domestic aluminum production. The company will invest $50 million in the initiative, creating over 100 new jobs with an average salary of $100,000.

The facility, currently operating at 75% capacity, will reach full production by June 30, 2026. This restart is directly attributed to the Section 232 tariffs on aluminum imports, which were recently increased to 50%. The project's implementation depends on finalizing agreements with Santee Cooper for power supply through 2031 and confirming economic incentives from local authorities.

Century Aluminum (NASDAQ: CENX) reported mixed Q2 2025 results, with a net loss of $4.6 million ($0.05 per share) compared to Q1's profit of $29.7 million. However, adjusted net income was $30.4 million ($0.30 per share), and adjusted EBITDA reached $74.3 million.

The company achieved 175,741 tonnes of aluminum shipments, up 4% sequentially. Notable developments include the Section 232 aluminum tariff increase to 25% in March and subsequent rise to 50% in June 2025. Century also refinanced its senior notes at a lower 6.875% rate, extending maturity to 2032.

Looking ahead, Century projects Q3 2025 adjusted EBITDA between $115-125 million, driven by higher Midwest regional premiums. The company maintains strong liquidity of $362.5 million, including $40.7 million in cash and $321.8 million in borrowing availability.

Century Aluminum (NASDAQ: CENX) has scheduled its second quarter 2025 earnings announcement for Thursday, August 7, 2025, after the market closes. The company will host a conference call the same day at 5:00 p.m. Eastern time to discuss the results.

Investors can access the live webcast through Century Aluminum's website at www.centuryaluminum.com. Participants are advised to begin registration at least 10 minutes before the call. A replay will be available approximately two hours after the live call concludes.

Century Aluminum (NASDAQ: CENX) has successfully closed a private offering of $400 million in senior secured notes. The notes, due August 2032, carry a 6.875% interest rate payable semi-annually and were issued at 100% of their principal amount.

The company secured net proceeds of approximately $395 million after deducting costs. These funds will be used to refinance Century's 7.50% Senior Secured Notes due 2028, repay credit facility borrowings, and cover offering-related expenses. The new notes were exclusively offered to qualified institutional buyers under Rule 144A of the Securities Act.

Century Aluminum (NASDAQ: CENX) has priced a private offering of $400 million senior secured notes due August 2032. The notes will be issued at 100% of principal value with a 6.875% annual interest rate, paid semi-annually starting February 1, 2026.

The secured notes will be guaranteed by Century's domestic restricted subsidiaries and secured by liens on substantially all assets of the company and guarantors. The proceeds will be used to refinance the company's 7.50% Senior Secured Notes due 2028, repay credit facility borrowings, and cover transaction expenses.

The offering, expected to close on July 22, 2025, is limited to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the Securities Act.