Century Aluminum(CENX) - 2024 Q1 - Quarterly Results

Business Highlights Adjusted EBITDA attributable to Century stockholders for the first quarter of 2024 was $25.0 million. This was a decrease of$32.1 million from the prior quarter, primarily driven by the full-year 2023 IRA Section 45X credit recorded in the prior quarter and only one quarter of credit recorded in the current period. Normalizing for the timing of the recognition of the IRA Section 45X benefit in the prior year, Adjusted EBITDA improved due to lower energy and material costs, partially off ...