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...
Grow with
AL Circle
On November 15, 2021, Century Aluminium Company (NASDAQ: CENX) stated that Norurál Grundartangi ehf ("Norurál"), a wholly-owned subsidiary of Century Aluminium Company (NASDAQ: CENX), and Qair, an independent renewable power producer, have signed a letter of intent for the supply of green...
The primary aluminium segment of the global aluminium industry has been in the limelight due to various events. In China, the Yunnan provincial government issued a policy prescribing an immediate cancellation of power price discounts and subsidies to the aluminium industry. It used to offer...
Century Aluminum Company announced the third-quarter results of 2021 ended September 30, reporting a 10 per cent rise in net sales quarter-on-quarter from $528 million to $582.4 million. Shipments grew 3 per cent from 190,894 tonnes in Q2 2021 to 196,095 tonnes in Q3 2021. The company also reported...
On Wednesday, November 3, Century Aluminum Company declared that its wholly-owned subsidiary, Norðurál Grundartangi ehf (“Norðurál”), started off the construction of a new low-carbon billet casthouse at Grundartangi, Iceland smelter. The new value-added casthouse will have a capacity of 150,000...
Century Aluminum Industry has reported net sales of $528 million for the second quarter of 2021 ended on June 30, an increase of 19 per cent from $444 million driven by higher aluminum prices and increased regional premiums. On Wednesday, August 4, the company unveiled its Q2 financial and...
Century Aluminum Company’s wholly-owned subsidiary, Norðurál Grundartangi ehf, has reportedly reached an agreement with Landsvirkjun, the National Power Company in Iceland, to extend its 161MW power contract for the next three years till 2026. The extension of contract will increase the power...
Primary aluminium sector witnessed expansions and announcement of production data. LME price ended higher this week, while SMM aluminium ingot price trended downward. Let's recapitulate some of the top aluminium news from primary aluminium sector. LME aluminium cash (bid) price and LME official...
Century Aluminum will expand production capacity at Mt. Holly aluminium smelter. The expansion is likely to be completed by the end of 2021. The company also announced an investment of more than $60 million to create 100 new jobs in Berkeley County at its Mt. Holly plant. The smelter casts molten...
Century Aluminum Company has reportedly elected two new officers – John Dezee as Executive Vice President, General Counsel and Secretary and Matt Aboud as Senior Vice President, Strategy and Business Development. Both the officers will assume new roles on an immediate basis. Mr Dezee joined Century...
Century Aluminum announced on Monday, May 17, that Mike Bless would retire as President and Chief Executive Officer and also step down from the board on July 1, 2021. He served Century Aluminum for 15 years, including nearly 10 years as CEO. Mr. Bless will now continue to provide his guidance and...
On Wednesday, May 5, Century Aluminum Company posted its quarterly reports announcing that its primary aluminum shipments in the first quarter ended on March 31, 2021, grew marginally by 757 tonnes to 195,697 tonnes. In Q4 2020, Century Aluminum’s shipments clocked in at 194,940 tonnes. Despite the...
On 25 th March 2021, Century Aluminum of South Carolina (CASC), a wholly-owned subsidiary of Century Aluminum Company announced that it has concluded and received all necessary approvals for, its new, three-year power contract with the South Carolina Public Service Authority, also known as Santee...
US-based primary aluminium producer Century Aluminum Company has announced its fourth-quarter and full-year results of 2020, revealing a drop of 1 per cent in net sales in Q4 2020 to US$ 389.1 million from US$ 392.9 million in Q3 2020. That was primarily due to the decline in shipments from 203,022...
The coalition of American Metal Manufacturers and Users asked President Joe Biden to end tariffs on aluminium and steel imports and setting the platform for a debate on protective trade measures. A few days earlier the US President said he would keep tariffs on aluminium imports from the United...
On 9 th February 2021, Century Aluminium, the global primary aluminium producer with operations in the USA and Iceland, declared that it has named Gunnar Gudlaugsson as Executive Vice President, Global Operations. Mr Gudlaugsson has served in a variety of operational roles of increasing...
Century Aluminum Company has concluded the sale of 150,000 metric tonnes of Natur‐Al™ aluminium over five years to Austrian firm Hammerer Aluminium Industries (HAI). Natur‐Al™ products are produced with energy from 100% renewable sources at Century’s Norðurál Grundartangi aluminium plant in...
Century Aluminum Company, a global producer of primary aluminium and operates aluminium reduction facilities in the United States and Iceland supports and praises Executive Order signed into law on 25 th January 2021 by President Biden to support domestic manufacturers, businesses, and American...
On Monday, December 7, Century Aluminum of South Carolina (CASC), a wholly-owned subsidiary of Century Aluminum Company, announced that it entered a preliminary agreement with Santee Cooper (South Carolina Public Service Authority) for a new, three-year power contract for Mt. Holly smelter....
