Century Aluminum: 3 Key Takeaways for Long-Term Investors

Century Aluminum completed major restart projects at its smelters, achieving nearly $1 billion in Q3 2026 net sales with 33% sequential shipment growth. The company now has a strong cash position of $755 million against $486 million in debt, enabling reduced capital spending and cash conversion. Management is advancing toward a final investment decision on a proposed Oklahoma smelter project that would double U.S. primary aluminum production, supported by strong demand from data centers, power systems, and automotive manufacturing.