Century Aluminum Company (CENX)

Over the past six months, Century Aluminum Co.'s stock has experienced significant movement, with the share price as of February 3, 2026, at $50.51, a 173.47% increase from February 4, 2025. Key events include Q3 2025 earnings report with an EPS miss but revenue exceeding expectations, Q4 2025 adjusted EBITDA guidance of $170-$180 million, and the Mount Holly restart project anticipated to contribute $25 million in EBITDA per quarter. The Grundartangi smelter in Iceland is facing production delays, and a strategic review of the Hawesville site is ongoing. Century Aluminum announced a joint development agreement for a new U.S. green aluminum smelter project and the US Section 232 tariffs impacted Midwest premiums. CEO Jesse E. Gary sold 150,000 shares of common stock.

While specific seasonal demand patterns are not explicitly detailed, Century Aluminum Co.'s revenue is directly influenced by global metal prices (LME) and regional premiums. The global demand for minerals and metals is currently surging. For a portion of its products, such as billet sales, Century Aluminum operates on annual contracts, allowing it to capitalize on current market momentum. The company's financial success is also sensitive to energy costs and the impact of trade policies like U.S. tariffs.

Century Aluminum Co. specializes in the production of primary aluminum, offering both standard-grade and value-added products, including high purity aluminum, standard-grade aluminum sow and tee bars, and value-added billet and foundry products. The company also produces low-carbon aluminum products under its Natur-Al™ brand, manufactured in Iceland. In addition to aluminum production, Century Aluminum owns and operates a carbon anode production facility in the Netherlands, which supplies its Icelandic smelter. The company's revenue is closely linked to global metal prices, particularly the London Metal Exchange (LME), and regional premiums.

Century Aluminum Co. maintains a global operational presence with aluminum reduction facilities in the United States (Hawesville, Kentucky; Sebree, Kentucky; and Mount Holly, South Carolina) and Iceland (Grundartangi). The company also has bauxite mining and alumina refining operations in Clarendon, Jamaica (Jamalco), and a carbon anode production facility in Vlissingen, the Netherlands.

Century Aluminum Co. generally holds a positive brand reputation among analysts, with a consensus rating of "Moderate Buy". The company is recognized for its strategic focus on U.S. domestic capacity, including the planned restart of idled capacity at Mount Holly, and its low-carbon Natur-Al™ product line, positioning it as a critical player in the evolving global supply chain. The company's commitment to revitalizing American industrial jobs through modern, efficient smelter projects also contributes positively to its image.

Century Aluminum Co. has a significant institutional ownership base. Major institutional owners include Glencore plc (57.33%), BlackRock, Inc. (10.85%), The Vanguard Group, Inc. (6.26%), State Street Corp (4.52%), Dimensional Fund Advisors LP (3.28%), Sourcerock Group LLC (2.83%), Citadel Advisors LLC (1.61%), and Mirae Asset Global Investments Co., Ltd. (1.56%). In total, 477 institutional owners hold 107,446,125 shares of Century Aluminum Co.