Century Aluminum Stock Surges 150% in One Year as $5 Million Buy Lifts Stake to $34 Million

Company Overview - Century Aluminum Company produces primary aluminum products, operating facilities in the United States and Iceland, and a carbon anode production facility in the Netherlands [6][9] - The company generates revenue primarily through the manufacturing and sale of primary aluminum products to industrial customers in sectors such as automotive, construction, and packaging [9] Financial Performance - For the trailing twelve months (TTM), Century Aluminum reported revenue of $2.53 billion and a net income of $85.20 million [4] - The company's third-quarter results showed net sales of $632.2 million and adjusted EBITDA attributable to stockholders of $101.1 million, an increase from $74.3 million in the prior quarter [11] - Adjusted earnings per share were reported at $0.56, reflecting stronger realized Midwest premiums and improved operating leverage [11] - As of February 12, 2026, shares were priced at $49.70, representing a one-year price change of 146.53%, significantly outperforming the S&P 500 by 133.63 percentage points [4][8] Investment Activity - Impala Asset Management LLC increased its stake in Century Aluminum by 168,805 shares, bringing its total position to 857,805 shares valued at $33.61 million, which constitutes 21.17% of its 13F reportable assets [2][3] - This transaction reflects a significant conviction in Century Aluminum as it now represents the fund's largest position by a wide margin [10] Market Considerations - The performance of Century Aluminum is influenced by aluminum pricing, power costs, and trade policy, which are considered swing factors in the market [12] - Long-term investors are advised to monitor cash generation, balance sheet discipline, and the sustainability of premium pricing in a cyclical business environment [12]