Century Aluminum Co (CENX) Misses Q2 EPS by 10c
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Century Aluminum Company Reports Second Quarter 2022 Results
August 9, 2022 4:05 PM EDTCHICAGO, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ: CENX) today announced its second quarter 2022 results.
Business Highlights
Shipments up 1% sequentiallyNet sales up 14% sequentially on higher realized LME prices and regional premiumsRealized LME aluminum price of $3,062/T in second quarter is up $299/T from prior quarterHawesville curtailment completed in July amidst high power pricesExtended U.S. revolving credit facility through 2027 and increased capacity up to $250 million at favorable termsIncreased liquidity by $71 millionEntered into sale agreement for... More