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 Company (NASDAQ: CENX) will announce its third quarter 2021 earnings on November 3, 2021, after market close. A press release will follow through GlobeNewswire.
Following the earnings report, a conference call is scheduled for the same day at 5:00 p.m. Eastern Time. The call will be webcast live on the company's website, with a replay available two hours post-event.
Century Aluminum Company (CENX) reported its second quarter 2021 results with key highlights including a realized LME aluminum price of $2,155/T, up $215/T from the previous quarter. Net sales grew 19% sequentially to $528 million, despite a net loss of $35.1 million, an improvement of $104.9 million from Q1. Adjusted EBITDA rose to $34.4 million, driven by higher aluminum prices. The company secured a power contract extension in Iceland, ensuring 100% renewable energy through 2026 and supporting future growth in value-added products.
Century Aluminum Company (NASDAQ: CENX) has announced a three-year extension of its power contract with Landsvirkjun, Iceland's National Power Company, increasing the capacity from 161 MW to 182 MW. This extension aims to accommodate growing power needs due to the recent capacity creep at its Norðurál Grundartangi plant and supports future growth for value-added products. CEO Jesse Gary praised the agreement, highlighting its importance for the sustainability of the Icelandic industry. This contract ensures flexibility in meeting operational demands through 2026.
Century Aluminum Company (NASDAQ: CENX) is set to report its second quarter 2021 earnings on August 4, 2021, after market close. Following the earnings release, a conference call will be held at 5:00 p.m. Eastern time the same day. Investors can access the live webcast on the company's official website, with a replay available two hours post-event. This update signals an ongoing commitment to transparency and investor communication.
Century Aluminum Company (NASDAQ: CENX) has announced a significant 50% production capacity increase at its Mt. Holly smelter in South Carolina, underscored by a $60 million capital investment. This expansion is set to create 100 new jobs, boosting total employment to over 400. The project reflects Century's dedication to revitalizing the U.S. primary aluminum industry, highlighted by remarks from key officials including South Carolina Governor Henry McMaster and U.S. House Majority Whip James Clyburn.
Century Aluminum Company (NASDAQ: CENX) has appointed new leaders to its executive team: John DeZee as EVP, General Counsel & Secretary and Matt Aboud as SVP, Strategy and Business Development. Effective immediately, DeZee, who has been with the company since 2008, will replace Jesse Gary in the legal role, while Gary transitions to President and CEO on July 1, 2021. Aboud, previously with Hydro Aluminum, brings extensive experience in low-carbon aluminum products. These appointments are aimed at strengthening Century's market position and product offerings in a low-carbon economy.
Mike Bless to Retire; Jesse Gary Named Next President and CEO of Century Aluminum, Effective July 1, 2021
Century Aluminum Company (NASDAQ: CENX) announced Mike Bless's retirement as President and CEO effective July 1, 2021, following 15 years with the company. Jesse Gary, currently COO and General Counsel, will take over as CEO and join the Board. The leadership transition aims to continue the company's growth, capitalizing on Bless's established foundation. Gary has a strong background in the aluminum industry and is expected to guide Century through upcoming challenges, including post-pandemic recovery.
Century Aluminum Company (CENX) reported its first quarter 2021 results, showing net sales of $444.0 million on shipments of 195,697 tonnes. However, the company faced a substantial net loss of $(140.0) million, an increase of $104.5 million from the previous quarter. The adjusted net loss was $(52.5) million, attributed mainly to high power costs due to severe weather in February. Despite challenges, Century is advancing its safety protocols and exploring low-carbon aluminum products. The outlook remains optimistic with healthy industry conditions and a favorable global aluminum market.
Century Aluminum Company (NASDAQ: CENX) is set to report its first quarter 2021 earnings on May 5, 2021, after market close. The earnings announcement will be published via GlobeNewswire. Following this, a conference call is scheduled for the same day at 5:00 p.m. Eastern Time, which will be available for live streaming on the company's website. A replay of the call will be accessible about two hours after the live session.
