Century Aluminum's second quarter revenue of $752M and Adjusted EBITDA surged past analyst expectations

Century Aluminum delivered strong second quarter 2026 results, characterized by a substantial beat in both revenue and Adjusted EBITDA. The performance was primarily driven by higher realized metal prices and increased production volumes following facility restarts and expansions.

Key Highlights

• Net sales reached $752.1 million, significantly exceeding the $545.8 million estimate and increasing $102.9 million sequentially.
• Adjusted EBITDA of $326.9 million far surpassed the $85.5 million estimate, aided by favorable power price realization in the U.S. and realized LME price gains.
• Primary aluminum shipments grew to 130,632 tonnes, supported by the Mt. Holly expansion and the restart of Line 2 at the Grundartangi facility.
• Management provided robust third quarter 2026 guidance for Adjusted EBITDA in the range of $325 million to $345 million.