Century Aluminum Reports Q3 2026 Growth Driven by Iceland Restart and Increased Shipments
Century Aluminum (CENX) reported strong third-quarter results for 2026, highlighted by net sales of $961.2 million. The company saw a significant 33% sequential increase in shipments, primarily driven by the successful restart of Line 2 at its Iceland facility. This operational recovery allowed the company to return assets to near full capacity for the first time in over ten years. Adjusted EBITDA reached $331.6 million, supported by higher realized metal prices and increased production volumes from the Mt. Holly expansion. Despite these gains, management issued cautious Q4 guidance of $275 million to $300 million, citing anticipated headwinds from lower LME prices and rising raw material costs such as coke and heavy fuel oil.
Topics: Aluminum Production EBITDA Guidance Financial Results Shipments
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Part of the story Docebo Reports Q3 2026 Growth Driven by Enterprise Demand and Increased Average Contract Value (7 articles)