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Century Aluminum Sets Date for Fourth Quarter 2025 Earnings Announcement
Globenewswire· 2026-02-05 16:49
CHICAGO, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ: CENX) will report fourth quarter 2025 earnings on Thursday, February 19, 2026, after market close. The news release will be issued through GlobeNewswire. The company will hold a follow-up conference call on Thursday, February 19, 2026, at 5:00 p.m. Eastern time. The earnings call will be webcast live on the Century Aluminum Company website, located at www.centuryaluminum.com. Plan to begin the registration process at least 10 minut ...
Century Aluminum (CENX), EGA Partner to Build $4B Oklahoma Smelter, First New US Facility Since 1980
Yahoo Finance· 2026-02-04 14:04
Century Aluminum Company (NASDAQ:CENX) is one of the cheap hot stocks to invest in right now. On January 26, Century Aluminum announced that it is set to take a 40% stake in a JV with Emirates Global Aluminium/EGA to build the first primary aluminum smelter in the US in nearly 50 years. Located in Inola, Oklahoma, the project is expected to involve an investment of ~$4 billion, with EGA retaining the remaining 60% ownership. Construction is scheduled to begin by the end of 2026, with production aimed to st ...
CENX's Hawesville Site Sale to Facilitate AI Data Campus Buildout
ZACKS· 2026-02-04 13:41
Key Takeaways Century Aluminum sold its former Hawesville, site to TeraWulf to build a digital infrastructure campus. CENX retains a non-controlling minority stake, preserving exposure to long-term upside and community impact. The project advances TeraWulf's push to meet growing AI and data center demand. Century Aluminum Company (CENX) recently announced the divestment of its Hawesville, KY, facility to TeraWulf Inc., which intends to transform the location into a large-scale digital infrastructure campus ...
未知机构:浙商金属世纪铝业出售25万吨霍斯维尔铝冶炼厂给数据中心开发商-20260204
未知机构· 2026-02-04 02:10
【浙商金属】世纪铝业出售25万吨霍斯维尔铝冶炼厂给数据中心开发商 未来潜在变化:根据IAI统计,2024年底全球电解铝耗能936TWH,其中北美耗能54TWH,根据Mckinsey预 测,2030年,美国数据中心 【结论】现有低库存水平下,铝价逐步跳出过去三年的区间震荡,进入铝价上升的主升浪,#铝价向上空间打 开! 风险提示:产能变化超预期,宏观政策变化等。 【浙商金属】世纪铝业出售25万吨霍斯维尔铝冶炼厂给数据中心开发商 据公司新闻,世纪铝业将其位于肯塔基州霍斯维尔市、年产能25万吨的闲置铝冶炼厂出售给数据中心开发商泰拉 沃尔夫(TeraWulf),配套电力约480MW,该厂区将被改造重建为数字基础设施园区。 建筑影响减弱,工业材+电力+交通增量需求集中释放。 据公司新闻,世纪铝业将其位于肯塔基州霍斯维尔市、年产能25万吨的闲置铝冶炼厂出售给数据中心开发商泰拉 沃尔夫(TeraWulf),配套电力约480MW,该厂区将被改造重建为数字基础设施园区。 一、十五五规划国家电网投资四万亿,同增40%;二、全球数据中心的用电量估计从415太瓦时(TWh),到2030 年达到约945太瓦时。 未来潜在变化:根据IAI ...
New Digital Infrastructure Campus to Be Built at Hawesville
Globenewswire· 2026-02-02 21:05
CHICAGO, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ: CENX) today announced the sale of the Hawesville, Kentucky site, which will be redeveloped by TeraWulf Inc. (NASDAQ:WULF) into a digital infrastructure campus supporting high-performance computing and artificial intelligence workloads. Century will retain a non-controlling minority equity stake, reflecting its continued interest in the site’s productive reuse and long-term benefits to the Hawesville community. The redevelopment of ...
Century Aluminum CEO Sells $7 Million Worth of Shares Amid Plans for a New Aluminum Plant
The Motley Fool· 2026-01-31 10:39
Core Insights - The CEO of Century Aluminum Company, Jesse Gary, sold 150,000 shares for approximately $7.2 million, coinciding with a significant stock surge and upcoming major plans for the company [1][2] Company Overview - Century Aluminum Company is a leading producer of various metals, including primary aluminum products, operating in the U.S. and Iceland, with additional facilities in the Netherlands and Jamaica [5] - The company reported a revenue of $2.53 billion and a net income of $80.80 million for the trailing twelve months (TTM) [4] - The company has experienced a 149.34% increase in stock price over the past year [4] Recent Developments - On January 26, Century Aluminum announced a partnership with Emirates Global Aluminum to establish the first aluminum smoldering plant in the U.S. in 47 years, expected to create 1,000 jobs [8] - The U.S. administration is pushing to increase domestic aluminum production, with Century Aluminum holding a 40% stake in the new plant, which is significant given the high demand for aluminum [9] Transaction Analysis - The recent sale of 150,000 shares by Jesse Gary is larger than his previous median sell transactions, representing 20.84% of his total holdings at the time, compared to a prior median of 15.38% [7] - The shares were sold at a weighted average price of $48.19, close to the market close price of $48.71 on the transaction date, indicating the sale occurred at historically elevated price levels [7]
CEO warns aluminum supply chain is 'so thin' a single fire could trigger nationwide crisis
Fox Business· 2026-01-27 21:06
Core Insights - The American aluminum industry is experiencing a resurgence due to national security concerns, supply-chain vulnerabilities, and competition from China [1] - Aluminum is increasingly recognized as a strategic material essential for defense readiness and economic security [1] Industry Overview - The importance of aluminum extends beyond consumer goods, impacting various sectors including homes, vehicles, aircraft, and military systems [4] - Aluminum is integral to national defense, with applications in tank armor, fighter jets, and missile propellant [4] Supply Chain Dynamics - The current aluminum supply chain is described as "thin," with minimal margin for disruption, indicating high vulnerability to incidents such as plant fires [5] - A disruption in the supply chain could have widespread implications, affecting production across various consumer products [5] Policy Impact - The U.S. aluminum industry has seen a significant reduction in smelters, from dozens to just a few, prior to the implementation of tariffs [5] - Trade protections initiated during President Trump's administration have contributed to a rise in aluminum production [6] Economic and Community Impact - New aluminum production capacity is expected to create long-term industrial clusters, attracting related businesses and sustaining jobs for generations [7] - Investments in aluminum production are anticipated to resonate within communities for decades, with expectations for smelters to operate for over 50 to 100 years [7]
CENX and EGA Partner to Build Primary Aluminum Smelter in Oklahoma
ZACKS· 2026-01-27 14:25
Core Insights - Century Aluminum Company (CENX) and Emirates Global Aluminium (EGA) have entered a joint development agreement to build a primary aluminum production facility in Inola, OK, marking the first new primary aluminum plant in the U.S. since 1980 [1][7] - The facility is projected to be the largest primary aluminum production plant in the U.S., with an expected output of 750,000 tons of aluminum per year, which will more than double the current U.S. production capacity [1][7] Joint Venture Details - EGA will hold a 60% stake in the joint venture, while Century Aluminum will own the remaining 40% [2] - The project is anticipated to create approximately 4,000 construction jobs and 1,000 permanent direct jobs once operational [2] Project Timeline and Technology - Construction is targeted to begin by the end of 2026, with production expected to start by the end of the decade [2][7] - The Inola smelter will leverage EGA's expertise in aluminum smelting design and technology, along with Century Aluminum's operational experience [3] Market Impact - Currently, about 85% of U.S. aluminum demand is met through imports; the project aims to reduce this dependence by increasing domestic supply [4] - The plant's location at the Tulsa Port of Inola will enhance access to the Mississippi River system, facilitating efficient bulk freight mobility and supporting the development of a regional aluminum manufacturing hub in Oklahoma [5] Stock Performance - CENX stock has increased by 162.7% over the past year, outperforming the industry's growth of 47.2% [5]
EGA, Century Aluminum enters joint development agreement
Yahoo Finance· 2026-01-27 13:05
Core Insights - Emirates Global Aluminium (EGA) and Century Aluminum (CENX) have entered into a joint development agreement to establish the first new primary aluminum production plant in the U.S. since 1980 [1] - EGA will hold a 60% stake in the joint venture, while Century will own 40% [1] - The new plant in Inola, Oklahoma is projected to produce 750,000 tonnes of aluminum annually, more than doubling current U.S. production levels [1] Project Details - The Inola plant will create 1,000 permanent direct jobs and 4,000 jobs during the construction phase [1] - The partnership leverages EGA's expertise in aluminum smelting technology and Century's operational history in the U.S. aluminum sector [1] - The project will utilize EGA's latest EX technology [1] Market Impact - The Inola plant will be the largest primary aluminum production facility in the U.S. and the first built in nearly 50 years [1] - Currently, about 85% of aluminum needs for American industries are met through imports, and this new smelter aims to enhance domestic supply [1] - Construction is expected to commence by the end of 2026, with production anticipated to start by the end of the decade [1] Current Progress - Detailed engineering work is already in progress, and negotiations for a competitive long-term power supply with Public Service Company of Oklahoma and the state of Oklahoma are advancing [1]
世纪铝业(CENX.US)与EGA达成合作 斥资数十亿美元在美建设新铝厂
智通财经网· 2026-01-26 23:23
Core Viewpoint - Emirates Global Aluminium (EGA) is partnering with Century Aluminum to build the first new lightweight aluminum production plant in the U.S. since 1980, located in Oklahoma, with an expected annual production of 750,000 metric tons of aluminum [1] Group 1: Company Collaboration - EGA will hold a 60% stake in the joint venture, while Century Aluminum will own the remaining shares [1] - Construction is expected to begin by the end of this year, with production planned to start before 2030 [1] Group 2: Market Impact - The new plant will help reduce U.S. dependence on aluminum imports, which are projected to account for about half of U.S. consumption in 2024 according to the U.S. Geological Survey [1] - The collaboration comes at a time of rising aluminum prices in the U.S., influenced by tariffs imposed by President Trump on imported metals, which have increased costs for domestic consumers [1] Group 3: Financial Considerations - The estimated cost of the plant is expected to exceed $5 billion [1] - Analysts believe that the expenditure is feasible under the current pricing environment, but there are concerns regarding the cyclical nature of the aluminum business and ongoing tariff uncertainties, which may lead the company to consider alternative financing options, including equity financing [1]