Century Aluminum Co ( (CENX) ) has released its Q3 earnings. Here is a breakdown of the information Century Aluminum Co presented to its investors.
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Century Aluminum Company, headquartered in Chicago, operates primary aluminum smelting facilities in the U.S. and Iceland and is a majority owner of the Jamalco alumina refinery in Jamaica.
Century Aluminum Company has reported its financial results for the third quarter of 2025, showcasing a notable improvement in profitability. The company achieved a net income of $14.9 million, a significant turnaround from the previous quarter’s loss, driven by favorable market conditions and strategic operational adjustments.
Key financial highlights include a slight increase in net sales to $632.2 million, primarily due to improved Midwest Premiums. The company also reported an adjusted net income of $57.9 million and an adjusted EBITDA of $101.1 million, reflecting strong operational performance despite challenges such as higher derivative losses and increased labor costs associated with the Mt. Holly restart project. Additionally, Century Aluminum finalized a power agreement for its Mt. Holly facility, ensuring operational stability through 2031.
Looking ahead, Century Aluminum anticipates a robust fourth quarter, with expectations of adjusted EBITDA ranging between $170 to $180 million, supported by higher realized premiums. The company’s strategic initiatives and improved market conditions position it well for continued financial growth.