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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U.S. Commerce Secretary Wilbur Ross announced the Department’s findings from the 232 investigations into the impact on national security from imports of wrought and unwrought aluminium on Feb 16, and he outlined recommendations for the president to impose tariffs or quotas on aluminium imports....
The issue of powering Century Aluminum’s Mount Holly aluminium smelter still remains unresolved. At least, that is what one can make out from the ongoing talks between the owner and the state power provider Santee Cooper. The deal signed between the two entities on December 31st last year remains...
The U.S. Commerce Department announced the submission of the results of its national security investigation on imported aluminium. The department submitted the report to the President Donald Trump on Friday. Reuters reported Trump administration officials confirmed that the findings in the Section...
Century Aluminum Company reported net income of $20.8 million for Q3 2017 in comparison to net income of $7.1 million for Q2 2017. Adjusted net income for Q3 2017 was $14.4 million compared to adjusted net income of $0.8 million for Q2 2017. Results were favourably driven by a $5.5 million non-cash...
The global mining giant Rio Tinto Group is mulling sales of its aluminium operations in Australia and New Zealand, reported the Financial Times. The sale of assets includes Pacific Aluminium and a power station at Gladstone, for which the group is in talks with Sanjeev Gupta owned Gupta Family...
<p>According to a report from The Australian, US-based Century Aluminium and Glencore are eying Rio Tinto’s Pacific Aluminium business, which is up for sale through Deutsche Bank at an estimated cost of $US1 billion ($1.3bn).</p> <p style="text-align: center;"><img style="vertical-align:...
<p>In an investor presentation on Wednesday, Century Aluminum’s president and CEO Michael Bless said that his firm plans reopening the 100 thousand tpy of idled aluminium smelting capacity in the United States soon. He however added that the reopening depends on the availability of...
<p>Century Aluminum Company reported a net income of $7.1 million for Q2 2017 in comparison to a net loss of $15.1 million for Q1 2017. Results were driven by a $6.1 million unrealized gain relating to LME forward sales. Adjusted net income for Q2 was $0.8 million compared to an...
<p>The U.S. primary aluminium industry which was once buzzing with 30 aluminium smelters in the country by aluminium majors like Alcoa and Century is now operating just just five smelters with curtailed capacity with uncertain future. Aluminium producers like Alcoa and Century Aluminum which have...
<p>Century Aluminum Company has announced its first quarter 2017 results. The company reported a net loss of $15.1 million for Q4 2016 in comparison to the net loss of $168.5 million in Q4 2016. Adjusted net loss amounted to $5.0 million compared to an adjusted net loss of $11.5 million for Q4...
<p>What drives aluminium producers' earnings up? There are many factors such as optimized cost of production, shipment cost control initiatives, raw material procurement and logistics, inventory management; but of all factors it is the price of the metal that has the biggest impact. The higher the...
<p>AlCircle presents a weekly recap to get you up-to-date with the global primary aluminium industry’s headlines. We have seen many companies announcing their Q4 and yearly results and sharing their outlook on the coming quarters. Let’s catch up with the following top stories from the...
<p>Century Aluminum Company reported a net loss of $168.5 million for Q4 2016 in comparison to the net loss of $43.1 million in Q4 2015. Results were negatively impacted by a $152.2 million impairment charge related to the Helguvik project in Iceland and $6.9 million charge related to...
<p>The week ended February 25 saw many major aluminium producers, with and without integrated operations, losing their last quarter or full year margins to alumina prices. <strong>Alcoa's Australian partner Alumina Limited</strong> who reported full year result for 2016 on February 23, registered a...
<p>Century Aluminum is projected to post profits in its fourth quarter of 2016 fiscal year. According to the consensus estimates compiled by Thompson Reuters, analysts expect the North American primary aluminium producer to post adjusted earnings before interest, tax, deductions and amortization...
<p>Primary aluminium is the most significant power-consuming industries in Iceland. There are currently three aluminium smelters in operation with a total capacity of over 800,000 mtpy, which puts Iceland at the 11th position among aluminium-producing countries worldwide.<br /><br />The three...
<p>Century Aluminum has filed an antitrust lawsuit in federal court against Santee Cooper, its power provider. The company accuses the power provider of breaching state and federal antitrust laws to which Santee Cooper assures "vigorous defense."<br /><br />Michael Bless, Century Aluminum...
<p>A filing with the U.S. Securities and Exchange Commission confirms that Century Aluminum has completed the sale of its Ravenswood smelter to Applied Partners Inc. for about $15 million. Both the companies signed a sale agreement on Dec. 2 and all the official formalities were completed on...
