Welcome to our dedicated page for Century Alum Co news (Ticker: CENX), a resource for investors and traders seeking the latest updates and insights on Century Alum Co stock.
Century Aluminum Co (CENX) maintains this comprehensive news hub for tracking official announcements and market developments. Access verified press releases and financial updates from the integrated aluminum producer with facilities across North America and Europe.
This resource provides investors and industry professionals with critical updates including quarterly earnings reports, production capacity changes, strategic partnerships, and sustainability initiatives. All content is vetted for accuracy and updated as new developments emerge.
Key coverage areas include smelting operations optimization, low-carbon production advancements, raw material supply chain updates, and leadership announcements. Users can monitor both domestic US operations and international projects through this centralized platform.
Bookmark this page for direct access to Century Aluminum's official communications, including regulatory filings and material event disclosures. Combine with our market analysis tools for complete aluminum sector insights.
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.
Century Aluminum (NASDAQ: CENX) has announced a proposed private offering of $400 million senior secured notes due July 2032. The company plans to use the proceeds to refinance its existing 7.50% Senior Secured Notes due 2028, repay borrowings under its credit facilities, and cover related transaction fees and expenses.
The offering will be made to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the Securities Act. The interest rate and other terms will be determined during pricing. The notes have not been registered under the Securities Act or state securities laws.
Century Aluminum (NASDAQ: CENX) reported its Q1 2025 financial results with net sales of $633.9 million, up $3.0 million from Q4 2024. The company achieved net income of $29.7 million ($0.29 per diluted share), down from $45.2 million in Q4 2024. Aluminum shipments increased 1% to 168,672 tonnes.
Key highlights include a 38% increase in Midwest premium to $602, a $16.2 million positive impact from increased Section 232 aluminum tariffs, and adjusted EBITDA of $78.0 million. The company secured a new five-year labor contract for Grundartangi smelter and extended its power agreement with ON Power through Q1 2032. Century maintained strong liquidity of $339.1 million, including $44.9 million in cash.
For Q2 2025, Century expects adjusted EBITDA between $80-90 million, driven by increased Midwest regional premium and lower energy costs, partially offset by planned maintenance and seasonal labor expenses.
Century Aluminum (NASDAQ: CENX) has scheduled its first quarter 2025 earnings announcement for Wednesday, May 7, 2025, after market close. The company will host a conference call the same day at 5:00 p.m. Eastern time to discuss the results.
The earnings call will be accessible via webcast on the company's website at www.centuryaluminum.com. Participants are advised to begin registration at least 10 minutes before the call. A replay of the webcast will be available approximately two hours after the live call concludes.
Century Aluminum (NASDAQ:CENX) has appointed Peter Trpkovski as Executive Vice President and Chief Financial Officer. Trpkovski, who will retain his position as Treasurer, brings 12 years of experience with the company and succeeds Jerry Bialek following a planned transition.
Throughout his tenure since 2013, Trpkovski has held various leadership roles including Senior Vice President, Finance and Treasurer, and Vice President, Finance, and Investor Relations. He has also led Financial Planning and Analysis and Risk Management. Prior to Century, he worked at Citigroup as a Senior Financial Analyst and at Johnson Controls in Finance and Engineering.
Trpkovski holds both a Bachelor of Science in Engineering degree in Electrical and Computer Engineering and an MBA in Finance from the University of Michigan.
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