Michael Bless

Century Beats Revenue Estimates With Q2 Net Loss Of US$16.2 Million

Century Beats Revenue Estimates With Q2 Net Loss Of US$16.2 Million

American aluminium smelter Century Aluminum released results for the second quarter of 2019 on Thursday. Though shipments and sales fell in the quarter, the firm’s bottom line began to claw back toward the black thanks to a drop in alumina and power...

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Century Aluminum’s Q3 Earnings And Revenue Beat Street Projections

American aluminium smelter Century Aluminum released results for the third quarter yesterday. The firm’s numbers surpassed estimates for both earnings and revenue for the quarter. Century recorded a net loss of US$20.3 million in the third quarter, a reversal from the second quarter’s net income of US$19.4 million. Adjusted net income for the quarter totaled […]

Century Signs Two-Year Power Deal With Santee Cooper To Power Mt. Holly Smelter

American aluminium smelter Century Aluminum announced the signing of a two-year power contract with the South Carolina Public Service Authority (Santee Cooper) for its Goose Creek smelter, assuring its operation through at least the close of 2020. Per the company’s press release, the contract mandates that the Mt. Holly smelter will continue to purchase one […]

Despite Production Drop, Century Reports 21 Percent Rise In Primary Aluminium Sales

American aluminium smelter Century Aluminum reported second-quarter results on Wednesday, with financials generally improved across the board despite a quarter-on-quarter drop in production. Century shipped 180,220 metric tons in the quarter, down from the first quarter’s total shipments of 187,238 metric tons. Second-quarter net sales totaled US$470.0 million, up 3 percent quarter-on-quarter from last quarter’s […]

Despite a Difficult Q1, Century Sees Clear Sailing Ahead Thanks To Trump Aluminium Tariffs

Chicago’s primary aluminium producer Century Aluminum disclosed results for this year’s first quarter on Thursday. Though sales were up, the company’s overall financial picture was dimmer than that of the quarter preceding it. In the first quarter, Century shipped 187 thousand metric tons of product, down slightly from the prior quarter’s total of 189 thousand […]