MARKET COMPOSITE
CENX - Century Aluminum Co.8:00:00 PM 4/17/2024
Price
$17.51
+ 0.01 (0.06%)
Century Aluminum Company is a US-based producer of primary aluminium, with aluminum plants in Kentucky, South Carolina and Iceland. It is the largest producer of primary aluminium in the United States. The company is a publicly held corporation listed on the NASDAQ. The headquarters is at One South Wacker in Chicago. Since it was formed in 1995, Century has significantly expanded its operations through acquisitions and capital expansion projects and today operates primary aluminum smelters in Kentucky, South Carolina and Iceland. Century became publicly listed on NASDAQ in 1996.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue512.3MM-6%
Gross Profit39.4MM-443%
Cost Of Revenue472.9MM-15%
Operating Income29.2MM-221%
Operating Expenses10.2MM-
Net Income30MM-171%
G&A8.1MM-25%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

    Geopolitical tensions could create new opportunities for this U.S. producer

    Stock pickers are generally looking for stocks that will outperform the broader market. And in our experience, buying...

    Century Aluminum plans to build something not seen in the U.S. for nearly half a century.

    Century Aluminum (CENX) intends to use the fund to build the first new primary aluminum smelter in the United States in 45 years.

    The U.S. is going to build its first primary aluminium smelter in 45 years. The Biden-Harris administration has awarded $500 million to Century Aluminum towards the construction of a new "green" low-carbon smelter. The aim is to halt what U.S. consumers such as Ford Motor and PepsiCo have described as a crisis in a sector that has shrunk from 19 to just four operating domestic plants over the last two decades.

    Biden’s Big Bet on Aluminum03-25-2024 18:53:50 PM

    Famously energy intensive and dominated by Chinese smelters, aluminum sits at a curious nexus of climate and industrial policy.

    An aluminum company has singled out northeastern Kentucky as its preferred site for a new aluminum smelter that would bring about 1,000 permanent jobs to an Appalachian region hard hit by the loss of coal and steel production, Gov. Andy Beshear said Monday. Plans by Century Aluminum Co. to build a smelter that produces dramatically lower emissions will be supported by $500 million from the U.S. Department of Energy. The project has the potential to become the largest investment on record in ea...

    (Bloomberg) -- The Biden administration is awarding about $6 billion in grants to help cut emissions from metals, chemicals and other hard-to-decarbonize industries, including funding to build the first new US aluminum smelter in 45 years.Most Read from BloombergTrump Vows to Pay Fraud Trial Bond Cut by 68% to $175 MillionAfter Exposing Realtors, Eliminate the Mortgage Interest DeductionTrump Facing Moment of Truth for Finances in Manhattan CourtPutin Says Islamists Attacked Moscow, Still Seeks

    CHICAGO, March 25, 2024 (GLOBE NEWSWIRE) -- Today, Century Aluminum Company (NASDAQ: CENX) (“Century”) was selected by the U.S. Department of Energy (“DOE”) Office of Clean Energy Demonstrations to begin award negotiations for up to $500 million in Bipartisan Infrastructure Law and Inflation Reduction Act funding to build a new aluminum smelter as part of the Industrial Demonstrations Program (“IDP”). Century’s Green Aluminum Smelter Project is one of 33 projects across more than 20 states to re

    The U.S. Energy Department on Monday announced $6 billion in federal funding to subsidize 33 industrial projects in 20 states to cut carbon emissions, saying the investment would support well-paying union jobs and boost U.S. competitiveness. Energy Secretary Jennifer Granholm will unveil the awards during a visit to a Cleveland-Cliffs Steel Corp facility in Middletown, Ohio, which will receive up to $500 million to install two new electric arc furnaces and hydrogen-based technology to reduce gr...