Century Aluminum Reports Electrical Equipment Failure Affecting One Potline at Grundartangi, Iceland Smelter
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) ha dichiarato che Norðurál Grundartangi, la sua controllata islandese di fusione, ha temporaneamente interrotto la produzione su una delle due linee di elettrolisi dopo un guasto dell'impianto elettrico presso l'impianto di Grundartangi il 21 ottobre 2025. Nessun infortunio registrato.
La produzione nello stabilimento è temporaneamente ridotta di circa due terzi; l'altra linea resta in piena produzione. La direzione ha indicato che è in corso una valutazione d'impatto e un calendario di sostituzione delle attrezzature e fornirà un aggiornamento durante la conference call sugli utili del 6 novembre. Century si aspetta che le perdite correlate siano coperte da una polizza assicurativa per proprietà e interruzione dell’attività e sta coordinandosi con i clienti e fornitori interessati.
Century Aluminum (NASDAQ:CENX) dijo Norðurál Grundartangi, su filial de fundición en Islandia, detuvo temporalmente la producción en una de las dos líneas de celdas tras una falla de equipo eléctrico en la instalación de Grundartangi el 21 de octubre de 2025. No se reportaron lesiones.
La producción en la fundición se encuentra temporalmente reducida en aproximadamente dos tercios; la otra línea permanece en plena producción. La dirección indicó que se está llevando a cabo una evaluación de impacto y calendario de reemplazo de equipos y proporcionará una actualización durante la llamada de resultados del 6 de noviembre. Century espera que las pérdidas relacionadas sean cubiertas por un seguro de propiedad y interrupción del negocio y está coordinándose con clientes y proveedores afectados.
Century Aluminum (NASDAQ:CENX)은 아이슬란드에 위치한 자회사 Norðurál Grundartangi의 전기 설비 고장으로 Grundartangi 시설에서의 생산이 두 전해조 중 하나를 일시 중단했다고 2025년 10월 21일 발표했다. 부상자는 없었다.
제련소의 생산은 일시적으로 약 3분의 2 정도로 감소했고, 다른 전해조는 계속 가동 중이다. 경영진은 영향 평가 및 설비 교체 일정을 진행 중이며 11월 6일 분기 실적 컨퍼런스 콜에서 업데이트를 제공할 예정이라고 밝혔다. Century는 관련 손실이 재산 및 영업 중단 보험으로 보상될 것으로 예상하며, 영향을 받는 고객 및 공급업체와 협력하고 있다.
Century Aluminum (NASDAQ:CENX) a indiqué que Norðurál Grundartangi, sa filiale islandaise d'électrolyse, a temporairement arrêté la production sur l'une des deux lignes d'électrolyse après une panne d'équipement électrique sur le site de Grundartangi le 21 octobre 2025. Aucun blessé n'est à déplorer.
La production de l'aluminium à la fonderie est temporairement réduite d'environ deux tiers; l'autre ligne reste en production complète. La direction a indiqué qu'une évaluation d'impact et un calendrier de remplacement des équipements sont en cours et qu'une mise à jour sera fournie lors de la conférence sur les résultats du 6 novembre. Century prévoit que les pertes associées seront couvertes par une assurance biens et interruption d'activité et coordonne avec les clients et fournisseurs affectés.
Century Aluminum (NASDAQ:CENX) sagte, Norðurál Grundartangi, ihre Tochtergesellschaft für Elektrolyse in Island, habe die Produktion vorübergehend auf einer der beiden Stromlinien gestoppt, nachdem es am 21. Oktober 2025 zu einer Störung der elektrischen Anlage im Grundartangi-Standort gekommen war. Es gab keine Verletzungen.
Die Produktion im Smelter sei vorübergehend um ungefähr zwei Drittel reduziert; die andere Linie läuft weiterhin in voller Produktion. Das Management gab an, dass eine Auswirkungsbeurteilung und ein Zeitplan zum Austausch der Ausrüstung in Bearbeitung seien und man bei der Earnings-Konferenz am 6. November ein Update geben werde. Century geht davon aus, dass damit verbundene Verluste durch eine Sach- und Betriebsunterbrechungsversicherung gedeckt werden und arbeitet mit betroffenen Kunden und Lieferanten zusammen.
Century Aluminum (NASDAQ:CENX) قالت إن نورذورال جروندارتانغي، منشآتها المصهر التابعة في أيسلندا، أوقفت الإنتاج مؤقتاً على أحد خطي الخلايا بعد عطل في المعدات الكهربائية في منشأة جروندارتانغي في 21 أكتوبر 2025. لم تقع إصابات.
الإنتاج في المصهر مُخفض مؤقتاً بنحو ثُلثين تقريباً؛ والخط الآخر يظل في الإنتاج الكامل. قال الإدارة إن تقييم التأثير وجدول الاستبدال للمعدات جارٍ وسيتم توفير تحديث في اتصال الأرباح ربع السنوي في 6 نوفمبر. تتوقع Century أن تُغطي الخسائر المرتبطة بالتأمين على الممتلكات والتوقف عن العمل وتنسق مع العملاء والموردين المتأثرين.
Century Aluminum (NASDAQ:CENX) 表示，其在冰岛的子公司 Norðurál Grundartangi 的铝冶炼厂在2025年10月21日发生电气设备故障后，暂时将两条电解槽中的一条生产线停产。未造成人员伤亡。
铝冶炼厂的产量暂时减少了约三分之二；另一条生产线保持满负荷生产。管理层表示正在进行影响评估和设备更换时间表，并将在11月6日的季度业绩电话会议上提供最新信息。 Century 预计相关损失将由财产与业务中断保险覆盖，并正与受影响的客户和供应商协调。
- Other potline remains in full production
- No injuries reported from the failure
- Company expects insurance to cover losses
- Production at Grundartangi reduced by ~66%
- One of two potlines temporarily stopped due to equipment failure
- Replacement equipment timeline is undetermined
CHICAGO, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Norðurál Grundartangi ehf, a wholly-owned subsidiary of Century Aluminum Company (NASDAQ:CENX), announced today that it was forced to temporarily stop production on one of its two potlines due to an electrical equipment failure at the Grundartangi, Iceland aluminum smelter. No injuries have occurred.
As a result, production at the smelter has been temporarily reduced by approximately two-thirds. Grundartangi’s other potline remains unaffected and in full production. An impact assessment and a timeline for obtaining replacement equipment and restoring full production is underway. The company will provide an update on its quarterly earnings conference call on November 6.
Century expects that losses arising from these events will be covered under its property and business interruption insurance policies. Century is working with affected customers and suppliers to minimize the impact to their respective businesses.
About Century Aluminum
Century Aluminum is an integrated producer of bauxite, alumina, and primary aluminum products. Century is the largest producer of primary aluminum in the United States, and operates production facilities in Iceland, the Netherlands and Jamaica. Visit www.centuryaluminum.com for more information.
Cautionary Statement
This press release and statements made by Century Aluminum Company management on the quarterly conference call contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, which are subject to the "safe harbor" created by section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements are statements about future events and are based on our current expectations. These forward-looking statements may be identified by the words "believe," "expect," "hope," "target," "anticipate," "intend," "plan," "seek," "estimate," "potential," "project," "scheduled," "forecast" or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," "might," or "may."
Where we express an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, our forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties which may cause actual results to differ materially from future results expressed, projected, or implied by those forward-looking statements. Important factors that could cause actual results and events to differ from those described in such forward-looking statements can be found in the risk factors and forward-looking statements cautionary language contained in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and in other filings made with the Securities and Exchange Commission. Although we have attempted to identify those material factors that could cause actual results or events to differ from those described in such forward-looking statements, there may be other factors that could cause actual results or events to differ from those anticipated, estimated or intended. Many of these factors are beyond our ability to control or predict. Given these uncertainties, the reader is cautioned not to place undue reliance on our forward-looking statements. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise.
Investor Contact
Ryan Crawford, investorrelations@centuryaluminum.com
312-696-3132
Media Contact
Tawn Earnest, Tawn.earnest@centuryaluminum.com
614-698-6351
FAQ
What did Century Aluminum (CENX) announce about the Grundartangi smelter on Oct. 21, 2025?
How many potlines at Grundartangi are operating after the Oct. 21, 2025 failure for CENX?
Will Century Aluminum (CENX) cover losses from the Grundartangi outage?
When will Century Aluminum (CENX) update investors about the Grundartangi outage?
Is there any reported injury from the Grundartangi potline shutdown at CENX?
