Century Aluminum shares rose 4.4 per cent to USD 45.89 on August 27, extending a strong 2026 rally, but GuruFocus' GF Value model puts the stock's estimated intrinsic value at just USD 23.25. Century Aluminum Co's stock is moving in two very different directions depending on which metric you look...
The US' push to rebuild its domestic aluminium industry has been underway for years, with tariffs playing a central role in the strategy. But as Washington tries to attract new smelting investment, opposition to a major proposed project in Oklahoma is raising questions about how easily the country...
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The North America aluminium market was valued at $12,076.0 million in 2015 and is projected to reach $17,995.6 million by 2023, growing at a CAGR of 5.1% from 2015 to 2023, according to a new report published by ReportLinker, titled, "North America Aluminium Market by Processing Method,End-User...
Century Aluminum has announced two new expansion programs at its Sebree smelter that will increase production of both value-added and secondary aluminium. The programs will improve smelter’s product mix by adding approximately 90,000 tonnes of additional billet production to the Sebree casthouse...
Aluminium smelting is the most important power-intensive industry in Iceland. Rio Tinto Alcan operates Iceland’s first aluminium smelter (ISAL) while Century Aluminium Company operates the second plant. United States-based aluminium manufacturer Alcoa also runs another plant near the town of...
Century Aluminum Company announced results for the third quarter of 2018. The company reported a net loss of $20.3 million for Q3 2018 in comparison to net income of $19.4 million for Q2 2018. The adjusted net income was $2.3 million for Q3 2018 compared to adjusted net income of $30.9 million for...
Kentucky Gov. Matt Bevin expects the state of Kentucky to become a center for excellence in engineering and manufacturing, partially on the successes of a booming aluminium industry. Kentucky produces about 40 per cent of the aluminium produced in the U.S. Already, 40 percent of the aluminum...
Century Aluminum of South Carolina, Inc., a wholly-owned subsidiary of Century Aluminum Company, announced that the company has signed a two- year extension of its contract with South Carolina's state-owned electricity provider Santee Cooper. The agreement will allow the Goose Creek, SC plant to...
Century Aluminum announced in a company statement that it has secured a supply deal for alumina from a refinery in Louisiana. The fear of shortage of this most valuable input material for aluminium following the shutdown of Alunorte alumina refinery in Brazil compelled the company to get into this...
Alcoa, Century Aluminium, and Rio Tinto Alcan are the three notable aluminium smelters in Iceland. In the year 1969, Iceland started producing aluminium in Straumsvík (South Coast). During the first year, the production capacity was at 33 thousand tonnes, which currently is at 850 thousand tonnes...
LME aluminium started the week showing restraint with the fall of US dollar; SHFE aluminium stayed rangebound. The US dollar index fell below 96 to the lowest in almost one week at 95.76 on Monday after Federal Reserve took decision to raise interest rates. With the falling dollar, LME aluminium...
The US President Donald Trump’s decision to impose 10 per cent higher tariff on imported aluminium seems to now creating a positive impact on the domestic market as one of the renowned American aluminium producers Century Aluminium marks the ceremonial restart today, on August 22, at its Hawesville...
One of two potlines at Century Aluminum's 218,000 mt/year Sebree smelter in western Kentucky idled by a power outage May 29 is mostly restarted and should be fully operational soon, United Steelworkers officials said Monday. According to one USW official, the potline is about 75% restarted and...
Century Aluminum plant in Goose Creek, South Carolina has resumed hiring after President Trump imposed tariffs on foreign aluminium imports, though it is operating at 50% capacity. Century president and CEO Mike Bless is of the view that the tariffs are having their intended effect on domestic...
Century Aluminum Company reported net income of $19.4 million for the second quarter of 2018. Results were negatively impacted by $8.5 million related to the equipment failure at Sebree and $3.0 million in expenses related to the Hawesville restart project. This result compares to a net loss of...
Century Aluminum Sebree LLC, a wholly-owned subsidiary of Century Aluminum Company, announced today that it was forced to temporarily stop production on one of its three potlines due to an electrical failure at the Sebree aluminum smelter. No injuries were sustained in connection with these events...
Century Aluminium Company, a global producer of primary aluminium, reported a net loss of $0.3 million for the first quarter of 2018. The adjusted net loss for the first quarter of was $3.5 million compared to adjusted net income of $24.8 million for the fourth quarter of 2017. Sales for Q1 2018...
Century Aluminum, a global producer of primary aluminum has created a buzz with an announcement that it is going to invest US$116.5 million for the improvement of one of its smelters in Hawesville, Kentucky and offer jobs to 250 personnel. This announcement was made on Wednesday April 4, 2018 by...
Century Aluminum made a second attempt to get power rate relief from the S.C. General Assembly for its Mount Holly smelter and failed again. The company has a few months left before it will have to close the plant and its 300 jobs. The public utilities subcommittee of the House Committee on Labor,...
Century Aluminum Company today announced fourth quarter and full year 2017 results. Q4 2017 Highlights Century Aluminum Company reported net income of $35.8 million for Q42017 in comparison to the net income of $20.8 million for the third quarter of 2017. Results were favourably driven by a $7.3...
