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Century Alum Co - CENX STOCK NEWS

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.

News

Century Aluminum Company Reports Fourth Quarter 2023 Results

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Century Aluminum Company (CENX) reported fourth quarter and full year 2023 results with net sales of $512.3 million and $2.2 billion respectively. Despite a net loss of $43.1 million for the full year, the company saw positive adjusted net income and Adjusted EBITDA. The acquisition of 55% in Jamalco and strategic agreements were key highlights. In the fourth quarter, shipments increased by 1% sequentially, but net sales decreased by 6% due to lower aluminum prices. Adjusted net income for Q4 was $40.0 million, and Adjusted EBITDA was $57.1 million. For the full year, shipments decreased by 9% sequentially, leading to a net loss of $43.1 million. Adjusted net income was $30.7 million, and Adjusted EBITDA was $120.0 million. Century remains focused on safety, community improvement, and capital projects for 2024.
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Century Aluminum Joins with South Carolina Governor Henry McMaster and USC Economist Dr. Von Nessen to Unveil Findings of an Economic Impact Study

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Century Aluminum Company (CENX) unveils USC study showcasing Mt. Holly facility's economic impact on South Carolina. The facility contributes over $770 million annually, sustains 1,439 jobs, and supports high-wage employment opportunities. Century plans to increase production by 25% for a potential total economic impact of $877 million.
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Century Aluminum Sets Date for Fourth Quarter 2023 Earnings Announcement

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Century Aluminum Company (CENX) is set to report its fourth quarter 2023 earnings on February 21, 2024, after the close of market trading. The company will hold a follow-up conference call at 5:00 p.m. Eastern time on the same day. The earnings call will be webcast live on the company's website and a replay will be available for approximately two hours following the live call.
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Century Aluminum Applauds Treasury Guidance on 45X Clarifying Application to U.S. Primary Aluminum Industry

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Century Aluminum Company (NASDAQ: CENX) welcomes the interpretive guidance from the U.S. Treasury Department clarifying the scope of Section 45X of the Inflation Reduction Act and its application to the U.S. primary aluminum industry. Jesse Gary, CEO, thanked the Biden Administration for its continued support of the U.S. aluminum industry.
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Century Aluminum and USW Ratify New Five-Year Collective Bargaining Agreement

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Century Aluminum Company (NASDAQ: CENX) announces a new five-year collective bargaining agreement with United Steelworkers Local 9443-00 for the Century Sebree aluminum smelter in Robards, KY. The agreement covers approximately 460 hourly workers and is effective immediately, running through October 28, 2028. Century's President and CEO, Jesse Gary, expresses satisfaction with the collaboration, emphasizing the commitment to employee welfare and Sebree's competitiveness in the aluminum market.
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Century Aluminum Company Reports Third Quarter 2023 Results

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Century Aluminum Company (NASDAQ: CENX) announced its third quarter 2023 results, reporting a net sales of $545.2 million and a realized LME aluminum price of $2,237/T. The company saw a decrease in net income and adjusted EBITDA, but also reported a decrease in total debt and an increase in liquidity. The PR highlights the completion of a land sale, a three-year power agreement, and progress on long-term initiatives.
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Century Aluminum Sets Date for Third Quarter 2023 Earnings Announcement

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Century Aluminum Company (NASDAQ: CENX) will report third quarter 2023 earnings on November 8, 2023. The earnings call will be webcast live on their website.
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Century Aluminum Reaches Agreement on New Three-Year Mt. Holly Power Contract

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Century Aluminum of South Carolina (CASC) has finalized a new three-year power contract with the South Carolina Public Service Authority for the Mt. Holly aluminum smelter. The contract ensures the smelter can continue operating at its current capacity.
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Century Aluminum Company Reports Second Quarter 2023 Results

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Century Aluminum (CENX) reported net sales of $575.5 million in the second quarter of 2023, with a realized LME aluminum price of $2,371/T. The company experienced a $46.1 million improvement in net income compared to the previous quarter, with adjusted net income of $15.5 million and adjusted EBITDA of $29.5 million. Despite complex global conditions, the company remains focused on cost discipline and operational performance, aiming to integrate new operations and deliver strong results despite a declining aluminum price.
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Century Aluminum Sets Date for Second Quarter 2023 Earnings Announcement

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Century Alum Co

Nasdaq:CENX

CENX Rankings

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CENX Stock Data

1.61B
51.14M
44.61%
58.72%
5.53%
Aluminum
Primary Production of Aluminum
Link
United States
CHICAGO