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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On February 21, 2024, Century Aluminum Company announced its fourth quarter and full-year results for 2023, revealing net sales of $512.3 million in Q4 2023 and $2,185.4 million in the entire year. Both in Q4 and full-year, Century's net sales experienced a downfall of 6.03 per cent (sequentially)...
Century Aluminum’s Chief Accounting Officer, Robert F. Hoffman, has reportedly sold 3,000 shares of the company stocks in a transaction, at an average price of $12 for each stock. That brought the total transaction of $36,000.000. Following the transaction, Mr. Hoffman owns 47,553 shares of Century...
The biggest development of the twenty-first century is the international recognition of global warming and its adverse effects on the Earth's climate. Excessive carbon emissions or GHG footprints primarily cause overheating of the atmospheric dome, which may cause the protective ozone layer to...
Century Aluminum Company, a leading player in the U.S. primary aluminium industry, has recently expressed its appreciation towards the U.S. Treasury Department for issuing interpretive guidance on Section 45X of the Inflation Reduction Act. This new guidance specifically focuses on the implications...
Century Aluminum Company, a global primary aluminium producer with operations in the United States and Iceland, announced its third quarter results for 2023 last week, disclosing a fall of 10.97 per cent in net income attributable to Century stakeholders. Net income in Q3 2023 stood at US$13.8...
Century Aluminum Company, the owner of Jamalco, said on Wednesday, November 8, that the malfunction of the power generation unit at the Clarendon-based refinery caused a loss of about US$22 million. Explaining the incident, president & CEO of Century Aluminum Jesse Gary said a power disruption...
According to the US Geological Survey, the United States produced 62,000 tonnes of primary aluminium in August 2023. That was 2,000 tonnes or 3.13 per cent less than 64,000 tonnes in the earlier month , following a rise of 3.23 per cent M-o-M in July. However, on a year-on-year basis, the output in...
Century Aluminum of South Carolina, a subsidiary of Century Aluminum Company listed on NASDAQ as CENX, has recently publicised the finalisation and approval of a new three-year power contract for the Mt. Holly aluminium smelter. The contract, which has been approved by all necessary parties,...
In a small South Carolina town, the Mt. Holly plant of Century Aluminum recently found itself at the centre of the Goose Creek community concerns . It all began with a malfunction in the plant's baghouse, which emitted a fine, sandy material known as alumina dust into nearby neighbourhoods. The...
Residents in Goose Creek have been troubled by a white powder, alumina dust, in the air, which has covered their belongings and posed breathing difficulties. Health and environmental experts recently addressed the concerns and outlined a plan to resolve the issue in a meeting with Goose Creek...
Russell Investments Group Ltd. has reportedly increased its stake in Century Aluminum by 33.1 per cent to 130,391, representing about 0.14 per cent of the company's worth. By buying these additional shares, Russell Investments Group shows its confidence in the company's future prospects. Ressell...
Zacks Investment Research has reportedly lowered its estimates for Century Aluminium’s Q3 2023 earnings per share (EPS) in a research report issued to clients and investors. According to M. Agarwal, a research analyst at Zacks, projects that Century will post earnings of $0.09 per share for the...
This week the global primary aluminium segment saw releases of the quarterly results of Century Aluminium and NALCO. As per the data, the National Aluminium Company Limited (NALCO), a Schedule 'A' Navratna CPSE, revealed that its quarterly earnings for Q1 FY2023-24 fell 40 per cent due to low...
Century Aluminum, the US-based primary aluminium producer and new owner of Jamalco, has experienced a gain of $103.3 million on acquiring the alumina refinery. At the end of April 2023, Century Aluminum signed an agreement with Noble Group Holdings Limited (Noble) to obtain 55 per cent of ownership...
Century Aluminium Company, the owner's primary aluminium capacity in the United States and Iceland, announced its second quarter 2023 results. The company's net sales for the second quarter ended June 30, 2023, increased by 4 per cent sequentially, primarily due to higher realized aluminium prices....
Rio Tinto plans to spend $1.1 billion (CAN$1.4 billion) to expand its state-of-the-art AP60 aluminium smelter at Complexe Jonquière in Canada. This development will compensate for the closure of potrooms at the Arvida smelter in the same location and the loss of 170,000 tonnes of capacity. Besides...
Century Aluminum Company announced last week that the stockholders voted Tamla Olivier as a seventh director to the board, with a term expiring in 2024. Ms Olivier is presently associated with Pepco Holdings, part of the Exelon family of companies, as a Chief Operating Officer. She has been working...
According to a recent report, new owners of Jamalaco refinery in Clarendon have initiated incorporating the alumina company before seeking financial funding from capital markets. According to Austin Mooney, Managing Director of Jamalco, incorporation would allow the joint venture firm to acquire...
