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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Hoping to restore hundreds of manufacturing jobs, Gov. Earl Ray Tomblin signed tax legislation Monday meant to help Century Aluminum reopen its Jackson County plant. But several hurdles await as the California-based metal producer considers restarting the Ravenswood smelter that it idled in 2009,...
The $20 million tax credit package meant to help restart Century Aluminum's Ravenswood plant had some lawmakers scratching their head at the complexities, but architects of the plan said it was the only way to get it to work. For starters, Century Aluminum doesn't get a dime of the credit - even...
Century Aluminum Co (CENX.O) said on Friday it has resumed talks for a power deal with Appalachian Power, a unit of American Electric Power Co. Inc. (AEP.N), to supply its Ravenswood, West Virginia aluminum smelter as it moves closer to restarting the idled plant. The 170,000-tonne-a-year aluminum...
Below are the three companies in the Aluminum industry with the lowest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher...
West Virginia state officials estimated a net zero effect on the general revenue fund for a $20 million tax incentive for Century Aluminum, leaving a difference of $14.1 million projected by a 2007 study. Deputy Revenue Secretary Mark Muchow said the difference is caused because his office went...
A West Virginia bill touted for saving an aluminum plant and the jobs that come with it attempts to do so by providing tax credits for suppliers of coal that eventually powers the plant. The Energy Intensive Industrial Consumers Revitalization Tax Credit Act allows a credit of up to $20 million...
As a group of Century Aluminum retirees looked on Friday at the State Capitol, members of the state Legislature approved a bill that is expected to be a key part of efforts to reopen the company's Jackson County facility. However, Charleston Attorney Tom Heywood, who represents Century Aluminum,...
The retirees of Century Aluminum have accepted the deal that will restore some of their lost health benefits. The retirees' approval Thursday is expected to open the way for the state to aid the company in restarting operations at the Ravenswood plant. Around 400 retirees attended a meeting...
West Virginia may offer a tax break worth up to $20 million annually to help Century Aluminum restart its Jackson County smelter, but officials say any such aid depends on retirees resolving an impasse over their revoked health benefits with a Thursday vote. Lawmakers, aides to Gov. Earl Ray...
Century Aluminum hopes to restart a West Virginia plant this year. Century CEO Michael Bless says conditions are favorable to restart the Ravenswood plant. He cites discussions with union, state, utility and regulatory representatives and recent improvements in the aluminum market outlook. The...
Century Aluminum and its retirees forged an "agreement in principle" that restores some retiree health care benefits and removes a key hurdle to restarting the Ravenswood plant. Retirees were set to announce the news at a 6:30 p.m. press event at the entrance to Century's Ravenswood plant...
Century Aluminum's chief executive says restarting the company's Ravenswood plant is a top priority for 2012, and he hopes to announce that restart before April. "We hope to get to the finish line on this reasonably soon," Century CEO Michael Bless told shareholders and industry analysts on a...
Century Aluminum posted a fourth-quarter loss, hurt mainly by higher costs. Net loss was $31.1 million, or 35 cents per share, compared with a profit of $65.3 million, or 64 cents per share, a year ago. Revenue rose slightly to $318.2 million. Costs for sold goods rose 20 percent to $331.8 million....
Below are the three companies in the Aluminum industry with the highest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to...
Analysts are currently bearish about Alcoa (AA) and Century Aluminum (CENX) given uncertainty in the industrial economy. Based on my review of the fundamentals and multiples, I find significant risk for both companies but attractive upside for Alcoa. From a multiples perspective, Alcoa and Century...
Below are the three companies in the Aluminum industry with the highest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the...
Aluminum producer Century Aluminum Co. named Michael Bless its president and CEO. The appointment comes nearly three months after former President and CEO Logan Kruger left the company and sued it, alleging breach of contract and wrongful termination. At the time Century Aluminum said that Kruger's...
Century Aluminum (NASDAQ:CENX), a company whose shares are moving quickly, is trading 2.8% lower to $10.60. The S&P is trading lower by 0.7% to 1,307 and the Dow is trading 0.7% lower to 12,578. In the past 52 weeks, Century Aluminum share prices have been bracketed by a low of $7.25 and a high of...
