CENX News & Events

Reports Q1 revenue $649.2M, consensus $633.07M.

The company expects second quarter Adjusted EBITDA to range between $315M-$335M primarily driven by higher realized LME and regional premiums and the expansion at Mt. Holly.

Century Aluminum restarted production this week in the second potline at its Norural smelter in Grundartangi, Iceland, several months earlier than planned. "We're proud of our Grundartangi team, who worked tirelessly to resume production under difficult circumstances," said Jesse Gary, president and CEO of Century Aluminum. "The team demonstrated resolve and resilience in undertaking repairs to resume production faster. Coupled with our recent production expansion at Mt. Holly, Grundartangi's restart reinforces Century's commitment to meeting our customers' needs with the urgency the marketplace demands."

Century Aluminum announced that production of the first hot metal has begun following the expansion project at its Mt. Holly, S.C. plant. This major expansion, which Century expects to reach full production by the end of June 2026, will increase total U.S. primary aluminum production by 10% and has already created over 125 good-paying jobs in South Carolina. The expansion project increases Century's leading position as the largest producer of primary aluminum in the United States. In addition to the Mt. Holly expansion project, Century announced in January that it would join forces with Emirates Global Aluminum to build the first primary aluminum smelter in the U.S. in nearly 50 years. The new Oklahoma-based smelter will create another 750,000 tonnes of primary aluminum production, doubling current U.S. capacity. It is expected to be the largest single investment in the production of a critical metal in U.S. history and will add over 1,000 direct jobs and 4,000 construction jobs.