Company Overview - Century Aluminum Company (NASDAQ:CENX) plans to restart over 50,000MT of idled production at its Mt. Holly, SC smelter with an investment of approximately $50 million [1] - The company is the largest producer of primary aluminum in the United States and operates production facilities in Iceland, the Netherlands, and Jamaica [5] Production and Economic Impact - The restart will create over 100 new jobs and boost U.S. domestic aluminum production by almost 10 percent [1] - The Mt. Holly smelter, when operating at full capacity, has an economic impact of over $890 million annually in South Carolina, with an average wage of $100,000 for jobs directly supported by Century Aluminum [3] Government and Regulatory Support - The restart is facilitated by President Trump's application of Section 232 tariffs, which recently increased tariffs on aluminum imports to 50% [2] - The South Carolina Public Service Authority (Santee Cooper) has cooperated with Century Aluminum to extend the current power supply contract through 2031, which is essential for the restart [4]

Century Aluminum Company Reports Second Quarter 2025 Results Chicago, August 7, 2025 (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ: CENX) today announced its second quarter 2025 results. Second Quarter 2025 Financial Results | $MM (except shipments and per share data) | | | | | | --- | --- | --- | --- | --- | | | Q2 2025 | | | Q1 2025 | | Aluminum shipments (tonnes) | | 175,741 | | 168,672 | | Net sales | $ | 628.1 | $ | 633.9 | | Net (loss) income attributable to Century stockholders | $ | (4.6) $ | ...

Group 1 - Century Aluminum Company (NASDAQ: CENX) will report second quarter 2025 earnings on August 7, 2025, after market close [1] - A follow-up conference call will be held on August 7, 2025, 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 - Registration for the webcast should begin at least 10 minutes before the call [2] - Investor contact for inquiries is Ryan Crawford, reachable at investorrelations@centuryaluminum.com or (312) 696-3132 [2] - Media contact is Tawn Earnest, available at (614) 698-6351 [2]

Core Viewpoint - Century Aluminum (CENX) stock is considered hazardous and a poor investment choice at its current price of approximately $22 due to several identified issues despite its low valuation [2][3]. Valuation Comparison - CENX stock appears inexpensive when compared to the broader market based on price per dollar of sales or profit [4]. Revenue Growth - Century Aluminum's revenues have shown significant growth, with a 11.4% increase from $2.1 billion to $2.4 billion in the past 12 months, compared to a 5.5% growth for the S&P 500 [6]. - The company experienced an average annual decline of 1.4% in its top line over the last three years, while the S&P 500 saw a 5.5% increase [6]. - Quarterly revenues rose by 29.5% to $634 million in the most recent quarter from $490 million a year prior, outperforming the S&P 500's 4.8% improvement [6]. Profitability Metrics - Century Aluminum's operating income over the last four quarters was $166 million, reflecting a poor operating margin of 7.0% [7]. - The operating cash flow (OCF) during this timeframe was $63 million, indicating a very poor OCF margin of 2.6% compared to 14.9% for the S&P 500 [7]. - The price-to-sales (P/S) ratio for Century Aluminum is 0.9, while the S&P 500's is 3.1; the price-to-earnings (P/E) ratio is 17.3 versus the benchmark's 26.9 [7]. Financial Stability - Century Aluminum's debt stood at $483 million at the end of the most recent quarter, with a market capitalization of $2.1 billion, resulting in a moderate debt-to-equity ratio of 23.3% compared to 19.4% for the S&P 500 [9]. - Cash (including cash equivalents) constitutes $45 million of the $2.0 billion in total assets, leading to a poor cash-to-assets ratio of 2.3% [9]. Downturn Resilience - CENX stock has historically performed worse than the S&P 500 during several downturns, including an 82.1% drop during the inflation shock of 2022 compared to a 25.4% decline for the S&P 500 [10]. - During the COVID pandemic in 2020, CENX stock fell 62.1%, while the S&P 500 experienced a peak-to-trough decline of 33.9% [10]. - In the global financial crisis of 2008, CENX stock dropped 98.7%, significantly worse than the S&P 500's 56.8% decline [11]. Overall Assessment - Century Aluminum's performance across key parameters is summarized as follows: Growth is very strong, profitability is very weak, financial stability is weak, and downturn resilience is very weak, leading to an overall weak assessment of the stock [13].

Core Points - Century Aluminum Company closed a private offering of 6.875% senior secured notes due August 2032, raising gross proceeds of $400 million [1] - The net proceeds from the offering were approximately $395 million, which will be used to refinance existing debt, repay borrowings, and cover offering expenses [2] - The Secured Notes will pay interest semi-annually at a rate of 6.875% per annum, starting February 1, 2026, and will mature on August 1, 2032 [3] Company Overview - Century Aluminum is the largest producer of primary aluminum in the United States and operates production facilities in Iceland, the Netherlands, and Jamaica [6]

Key Takeaways CENX priced $400M of 6.875% senior secured notes due August 2032. Net proceeds will refinance 7.50% notes due 2028 and repay credit facility borrowings. CENX's obligations are backed by liens on substantially all its and the guarantors' assets.Century Aluminum Company (CENX) has announced the pricing of its earlier disclosed private offering of $400 million in total principal amount of 6.875% senior secured notes, due August 2032.The notes will be issued at 100% of their total principal amou ...

Core Viewpoint - Century Aluminum Company has announced a private offering of $400 million in senior secured notes with a 6.875% interest rate, maturing in August 2032, aimed at refinancing existing debt and repaying borrowings [1][2][3]. Group 1: Offering Details - The Secured Notes will be issued at 100% of their principal amount and will pay interest semi-annually starting February 1, 2026 [2]. - The offering is expected to close on July 22, 2025, subject to customary closing conditions [2]. - The notes will be guaranteed by Century's domestic restricted subsidiaries and secured by liens on substantially all assets, excluding certain properties [2]. Group 2: Use of Proceeds - Net proceeds from the offering will be utilized to refinance the existing 7.50% Senior Secured Notes due 2028, repay borrowings under credit facilities, and cover related fees and expenses [3]. Group 3: Regulatory Information - The Secured Notes are being offered to qualified institutional buyers under Rule 144A and to certain non-U.S. persons under Regulation S, and have not been registered under the Securities Act [4].

Group 1 - Century Aluminum Company announced a proposed private offering of $400 million aggregate principal amount of senior secured notes due July 2032 [1] - The net proceeds from the offering will be used to refinance the existing 7.50% Senior Secured Notes due 2028, repay borrowings under credit facilities, and cover related fees and expenses [1] - The interest rate and other terms of the secured notes will be determined at the pricing of the offering [2] Group 2 - The secured notes will be offered to qualified institutional buyers under Rule 144A and to certain non-U.S. persons under Regulation S of the Securities Act [3] - The secured notes have not been registered under the Securities Act or any state securities laws, and cannot be offered or sold in the U.S. without registration or an applicable exemption [3] Group 3 - Century Aluminum is an integrated producer of bauxite, alumina, and primary aluminum products, and is the largest producer of primary aluminum in the United States [5]

Century Aluminum (CENX) shares soared 6.7% in the last trading session to close at $20.71. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 2% gain over the past four weeks. Optimism over the Trump administration's move to double tariffs on aluminum imports to 50% for most countries is driving the stock higher. CENX is poised to benefit from higher domestic aluminum prices as a result of the tariffs, which would drive its revenues ...

Group 1: Stock Movements and Market Reactions - JunDa Co., Ltd. (02865) fell by 12.69% due to weak fundamentals, expected shareholder sell-off, and cash flow concerns [1] - Rongchang Biopharmaceutical (09995) rose by 4.61% after ASCO announced positive data for RC108 combined with vorinostat, enhancing its commercialization prospects [1] - Datang Gold (08299) increased by 7.27% as it partnered with Wuxi to develop AI mining applications, benefiting from gold's safe-haven demand [1] - Kanglong Chemical (03759) gained 4.35% by investing in a biopharmaceutical fund, strengthening its investment ecosystem [1] - Automotive stocks surged following a significant increase in May's new energy vehicle sales, with Li Auto (2015) rising nearly 6% and Great Wall Motors (2333) up over 3% [1] - Gold stocks led the market as COMEX gold prices returned to $3,400, with Goldman Sachs predicting $4,200, driven by geopolitical tensions [1] Group 2: Company-Specific Developments - Changfei Optical Fiber (06869) rose by 8.34% as its Wuhan base began mass production of 6-inch silicon carbide wafers, achieving a 97% yield rate [2] - China Shipbuilding Defense (00317) increased by 7.58% after securing the highest global new orders from January to April, with Q1 net profit up 1,099% [2] - Hengrui Medicine (00013) rose by 5.09% as SACHI III phase data met expectations, opening up market space for MET amplification lung cancer treatment [2] - Lepu Medical Technology (02157) gained 5.76% following positive ASCO data for its ADC drug MRG003, boosting approval expectations for nasopharyngeal carcinoma [2] - Aidi Kang Holdings (09860) increased by 5.2% after acquiring Suzhou Yuande Youqin to enhance blood disease diagnostics [2] - NetDragon (00777) rose by 5.82% due to its collaboration with Thailand on an AI education platform, attracting investor interest [2] Group 3: Notable Market Trends - China Everbright Holdings (00165) surged over 21% following the enactment of Hong Kong's stablecoin regulations, with Circle's IPO expectations boosting related equity valuations [3] - iFlytek Medical (02506) rose by 6.62% as its medical AI model demonstrated superior accuracy, supported by favorable policies [3] - MicroPort NeuroTech (02172) increased by 9.59% as it initiated clinical research on brain-machine interfaces, benefiting from policy incentives [3] - Longpan Technology (02465) rose by 14.9% after its subsidiary signed a $7.1 billion contract with Yiwei Lithium Energy for lithium iron phosphate [4] - Hansoh Pharmaceutical (03692) gained 3.85% after reaching a global licensing agreement with Regeneron, receiving an $80 million upfront payment [4] Group 4: U.S. Market Highlights - Steel and aluminum stocks surged over 10%-28% as Trump proposed increasing steel tariffs to 50%, benefiting domestic companies [5] - Blueprint Medicines (BPMC.US) rose by 26% following Sanofi's $9.1 billion acquisition, enhancing its rare disease pipeline [5] - BioNTech (BNTX.US) increased by 18% due to a collaboration with Bristol-Myers Squibb, securing a $1.5 billion upfront payment [5] - Applied Digital (APLD.US) surged by 48.46% after signing a $7 billion AI data center lease, validating its business model [5] - Tempus AI (TEM.US) rose by 15% as it launched an AI medical innovation plan, attracting investor interest [7]