Core Viewpoint - Emirates Global Aluminium (EGA) and Century Aluminum are collaborating on a new primary aluminum production plant in Inola, Oklahoma, marking the first new primary aluminum smelter in the U.S. since 1980, which will significantly boost U.S. aluminum production capacity [1][3]. Group 1: Project Overview - Bechtel has been selected to conduct preparatory engineering for the aluminum production plant, focusing on value improvement and preparing for a final investment decision by the end of 2026 [2][4]. - The project aims to double current U.S. primary aluminum production and will create 1,000 permanent jobs at the facility, along with 4,000 jobs during the construction phase [3][6]. Group 2: Technological and Environmental Aspects - The plant will utilize EGA's latest aluminum reduction technology, EX, which is among the most advanced and efficient globally [3]. - Bechtel is exploring modularization and pre-assembly strategies to enhance construction efficiency and is working with ERM for environmental and social consultation [4]. Group 3: Company Backgrounds - EGA is the world's largest 'premium aluminum' producer, responsible for one in every 25 tonnes of aluminum produced globally, with a strong presence in the U.S. market [7][8]. - Century Aluminum is the largest primary aluminum producer in the U.S. and operates facilities internationally, including in Iceland, the Netherlands, and Jamaica [10]. Group 4: Leadership Statements - EGA's CEO emphasized the transformative nature of the project for America's industrial revival and the economic future of Inola and Oklahoma [5]. - Century Aluminum's CEO highlighted the urgency of meeting national needs for aluminum through this project [5].

Group 1 - Century Aluminum Company will report its fourth quarter 2025 earnings on February 19, 2026, after market close [1] - A follow-up conference call is scheduled for February 19, 2026, at 5:00 p.m. Eastern time [1] - The earnings call will be webcast live on the company's website, with a replay available approximately two hours after the live call [2] Group 2 - Investors can contact Chad Rigg for inquiries at 312.696.3132 or via email at investorrelations@centuryaluminum.com [2] - Media inquiries can be directed to Tawn Earnest at 614.698.6351 or tawn.earnest@centuryaluminum.com [2]

Core Insights - Century Aluminum Company (CENX) has divested its Hawesville, KY facility to TeraWulf Inc., which plans to develop a large-scale digital infrastructure campus focused on high-performance computing and AI applications [1][7] - CENX will retain a non-controlling minority ownership stake in the project, allowing it to benefit from the long-term upside and community impact [2][7] - The redevelopment is expected to stimulate local economic growth through construction activities and the creation of permanent, skilled jobs [2] Company Developments - The Hawesville site has over 250 buildable acres for compute capacity, with significant power advantages including direct access to high-voltage transmission and approximately 480 megawatts of existing capacity [3] - TeraWulf's project aligns with its goal to expand its 2.8 GW energy-efficient digital infrastructure to meet the increasing demand for AI and data centers, while also supporting CENX's broader U.S. investment strategy [3] - CENX announced investments last year that will more than double its total U.S. domestic aluminum production, including the expansion of its Mt. Holly smelter and a new 750,000MT smelter in Inola, OK, in partnership with Emirates Global Aluminium [4] Market Performance - CENX shares have increased by 173.6% over the past year, significantly outperforming the industry average rise of 51.4% [4]

Core Viewpoint - Century Aluminum Company has announced the sale of its Hawesville, Kentucky site to TeraWulf Inc., which will transform the site into a digital infrastructure campus for high-performance computing and artificial intelligence workloads, while Century retains a minority equity stake in the project [1][3]. Group 1: Transaction Details - The Hawesville site will be redeveloped by TeraWulf Inc. into a digital infrastructure campus [1]. - Century Aluminum will maintain a non-controlling minority equity stake in the site, indicating ongoing interest in its productive reuse [1]. - The transaction is expected to create substantial new jobs, including both construction and permanent skilled positions, contributing to long-term economic activity in the region [2]. Group 2: Company Background and Future Plans - Century Aluminum is the largest producer of primary aluminum in the U.S. and has announced significant investments to more than double domestic aluminum production [3]. - Recent investments include the expansion of the Mt. Holly smelter in South Carolina and a new 750,000MT smelter to be built in Inola, Oklahoma, in partnership with Emirates Global Aluminium [3]. - The company emphasizes its commitment to investing domestically to meet national security needs for critical minerals [4]. Group 3: Advisory and Legal Counsel - BofA Securities served as the exclusive financial advisor to Century Aluminum for this transaction [4]. - FBT Gibbons and Vedder provided legal counsel to Century Aluminum [4]. Group 4: Company Overview - Century Aluminum operates primary aluminum smelting facilities in the U.S. and Iceland and is the majority owner of the Jamalco alumina refinery in Jamaica [5].

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]

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]

Core Viewpoint - Century Aluminum is set to acquire a 40% stake in a new U.S. smelter being developed by Emirates Global Aluminium, marking the first primary aluminum plant in the U.S. in nearly 50 years [1] Group 1 - The planned smelter represents a significant development in the U.S. aluminum industry, which has not seen new primary production facilities for almost five decades [1] - This partnership indicates a strategic move by Century Aluminum to expand its footprint in the North American market [1] - Emirates Global Aluminium is leading the initiative, highlighting its commitment to investing in U.S. manufacturing capabilities [1]

Core Viewpoint - Emirates Global Aluminium (EGA) and Century Aluminum Company have formed a joint development agreement to construct the first new primary aluminum production plant in the U.S. since 1980, which will significantly increase domestic aluminum production and create thousands of jobs [1][3]. Group 1: Project Overview - The new aluminum plant will be located in Inola, Oklahoma, and is expected to produce 750,000 tonnes of aluminum annually, more than doubling current U.S. production levels [1][3]. - EGA will hold a 60% stake in the joint venture, while Century Aluminum will own the remaining 40% [1]. - The construction of the plant is anticipated to create 1,000 permanent jobs and 4,000 jobs during the construction phase [1]. Group 2: Technological and Operational Aspects - The project will utilize EGA's state-of-the-art EX technology, which is the most advanced aluminum smelting technology ever installed in the U.S. [2]. - The partnership combines EGA's expertise in aluminum smelting design and technology with Century's operational experience in the U.S. [2]. Group 3: Economic Impact - The Inola plant will be the largest primary aluminum production facility in the U.S. and aims to reduce the current reliance on aluminum imports, which currently meet about 85% of American industries' needs [3]. - The establishment of the plant is expected to drive the development of a regional aluminum-focused industrial hub in Oklahoma, creating additional jobs and economic opportunities in both upstream and downstream aluminum manufacturing [5]. Group 4: Leadership Statements - EGA's CEO emphasized the importance of this project for the future of American industry and the revitalization of U.S. aluminum production [4]. - Century Aluminum's CEO highlighted the project's alignment with national interests, particularly in key industries such as automotive, aerospace, and national defense, which will benefit from increased domestic aluminum production [4].

Core Viewpoint - The mineral and metal industry is currently viewed as one of the best market opportunities due to surging global demand and mining companies' efforts to meet this demand [1]. Industry Insights - The financial markets are experiencing significant interest in the energy and minerals sectors, which are seen as offering incredible growth opportunities [2]. - The mineral and metal industry is characterized by active developments and frequent news updates, indicating a dynamic market environment [2].

Core Insights - Deep-pocketed investors have adopted a bearish approach towards Century Aluminum, indicating potential significant market movements ahead [1] - The options activity for Century Aluminum has shown unusual levels, with 25% of investors leaning bullish and 37% bearish [2] Options Activity Summary - Recent options trading revealed 8 extraordinary activities, with 2 puts totaling $141,150 and 6 calls amounting to $280,715 [2] - Significant investors are targeting a price range of $32.0 to $48.0 for Century Aluminum over the past three months [3] Volume & Open Interest Trends - Analyzing volume and open interest is crucial for understanding liquidity and investor interest in Century Aluminum's options, particularly within the $32.0 to $48.0 strike price range over the last 30 days [4] Noteworthy Options Activity - Recent trades include bearish puts and neutral calls, with notable transactions such as: - A bearish put trade on June 18, 2026, at a strike price of $35.00 totaling $79.2K [7] - A bullish call trade on January 16, 2026, at a strike price of $41.00 totaling $74.1K [7] Company Overview - Century Aluminum Co produces primary aluminum and value-added products, operating smelter facilities in the U.S. and Iceland, with most revenue generated from Glencore [8] - The company specializes in high purity aluminum and various aluminum products, including standard-grade sow and tee bars [8] Market Standing - Analysts have issued a consensus target price of $46.0 for Century Aluminum, with Wells Fargo maintaining an Overweight rating [10][11] - The current trading volume for CENX is 1,378,163, with the stock price at $43.83, indicating a potential overbought condition [12]