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Century Aluminum to Celebrate Mt. Holly Smelter Expansion, Boosting U.S. Aluminum Production by 10%

Century Aluminum will celebrate its Mt. Holly smelter expansion, boosting U.S. aluminum production by 10% and creating jobs.

Quiver AI Summary

U.S. Secretary of Commerce Howard Lutnick, Senior Counselor to President Trump Dr. Peter Navarro, and South Carolina Attorney General Alan Wilson will join Century Aluminum CEO Jesse Gary on July 27, 2026, to celebrate the expansion of the Mt. Holly aluminum smelter in Charleston, South Carolina. This expansion will boost U.S. domestic primary aluminum production by about 10% and increase the local workforce to over 600 employees, a result of the national security tariff implemented under President Trump’s Section 232. The event will include remarks from the officials and will be live-streamed. Media attending must comply with safety guidelines and RSVP for access.

Potential Positives

  • Century Aluminum's expansion of the Mt. Holly aluminum smelter will enhance domestic primary aluminum production in the U.S. by approximately 10%, reflecting a significant contribution to national production capacity.
  • The expansion will create over 600 jobs at the Mt. Holly facility, positively impacting local employment and economic growth.
  • The event is attended by high-profile figures, including the U.S. Secretary of Commerce and a Senior Counselor to the President, which underscores the importance of the expansion to national interests and enhances the company's visibility and reputation.
  • The live streaming of the ribbon-cutting event provides a platform for greater public engagement and showcases Century Aluminum's commitment to transparency and community involvement.

Potential Negatives

  • Dependence on government policies, such as President Trump’s Section 232 national security tariff on aluminum, raises concerns about the sustainability of the company’s growth and production increases.
  • The requirement for media members attending the event to wear specific safety attire might discourage participation, limiting the potential publicity around the company’s expansion.
  • Live streaming the event suggests a need to broadcast positive news to counteract potential negative public perceptions, indicating a vulnerability in the company’s public image.

FAQ

What is the purpose of the Century Aluminum event?

The event celebrates the expansion of Century Aluminum's Mt. Holly smelter and a 10% increase in U.S. aluminum production.

When is the Century Aluminum ribbon cutting ceremony?

The ceremony is scheduled for Monday, July 27, 2026, from 2:00 PM to 3:00 PM ET.

Who will be speaking at the Century Aluminum event?

Speakers include Secretary of Commerce Howard Lutnick, Dr. Peter Navarro, Attorney General Alan Wilson, and CEO Jesse Gary.

How can media access the Century Aluminum event?

Media members must RSVP to jleieritz@compassglobalcomms.com to gain access to the event.

Is the Century Aluminum ribbon cutting event being live streamed?

Yes, the ceremony will be live streamed on Aluminum Now's YouTube channel.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.


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$CENX Insider Trading Activity

CENX Insider Trades

$CENX insiders have traded $CENX stock on the open market 10 times in the past 6 months. Of those trades, 0 have been purchases and 10 have been sales.

Here’s a breakdown of recent trading of $CENX stock by insiders over the last 6 months:

  • INTERNATIONAL AG GLENCORE sold 6,315,245 shares for an estimated $326,813,928
  • JESSE E GARY (President and CEO) sold 150,000 shares for an estimated $8,320,500
  • JOHN DEZEE (EVP, GC and Secretary) sold 66,000 shares for an estimated $3,347,520
  • GUNNAR GUDLAUGSSON (EVP - Global Operations) sold 43,000 shares for an estimated $2,326,300
  • ROBERT F HOFFMAN (SVP, IT and CAO) has made 0 purchases and 2 sales selling 20,529 shares for an estimated $1,158,293.
  • KENNETH L CALLOWAY (SVP, Human Resources) sold 18,000 shares for an estimated $1,044,000
  • PETER A TRPKOVSKI (EVP, CFO) sold 16,739 shares for an estimated $845,486
  • MATT ABOUD (SVP, Strategy & Business Dev't) has made 0 purchases and 2 sales selling 15,097 shares for an estimated $793,097.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$CENX Revenue

CENX Quarterly Revenue

$CENX had revenues of $649.2M in Q1 2026. This is an increase of 2.41% from the same period in the prior year.

You can track CENX financials on Quiver Quantitative's CENX stock page.

You can access data on CENX stock through the Quiver Quantitative API.

$CENX Hedge Fund Activity

We have seen 211 institutional investors add shares of $CENX stock to their portfolio, and 155 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$CENX Price Targets

Multiple analysts have issued price targets for $CENX recently. We have seen 3 analysts offer price targets for $CENX in the last 6 months, with a median target of $79.0.

Here are some recent targets:

  • Nick Giles from B. Riley Securities set a target price of $74.0 on 07/07/2026
  • Timna Tanners from Wells Fargo set a target price of $79.0 on 05/08/2026

Full Release

CHARLESTON, S.C., July 27, 2026 (GLOBE NEWSWIRE) -- United States Secretary of Commerce Howard Lutnick, Senior Counselor to President Trump Dr. Peter Navarro and South Carolina Attorney General Alan Wilson will join Century Aluminum CEO Jesse Gary to celebrate Century Aluminum's expansion of its Mt. Holly aluminum smelter. This historic milestone will increase total U.S. domestic primary aluminum production by approximately 10% and grow the Century Aluminum Mt. Holly workforce to over 600.

As a result of President Trump’s Section 232 national security tariff on aluminum, Century Aluminum is ramping up domestic aluminum production. Secretary Lutnick, Senior Counselor Dr. Navarro, Attorney General Wilson and Century Aluminum CEO Jesse Gary will deliver remarks commemorating the historic 10% increase in U.S. aluminum production and will be available for media interviews after.

The ribbon cutting portion of the event will also be live streamed through Aluminum Now’s YouTube channel. The live stream link is: https://www.youtube.com/live/Gcn3ICZ31dA .

Please note this is a time change from the original advisory distributed on July 22. Media attending the event in-person must wear long pants and closed toe shoes in line with Mt. Holly safety protocols .

WHAT: Century Aluminum Ribbon Cutting Celebration
WHEN: Monday, July 27, 2026
2:00 PM - 3:00 PM (media set up at 1:45 PM ET)
WHO: U.S. Secretary of Commerce, Howard Lutnick
Senior Counselor to President Trump, Dr. Peter Navarro
South Carolina Attorney General, Alan Wilson
Century Aluminum CEO, Jesse Gary
WHERE: Century Aluminum Mt. Holly Smelter
3575 U.S. Highway 52
Goose Creek, SC 29445


To gain access to the historic event, members of the media must RSVP to
jleieritz@compassglobalcomms.com

Media Contact:
Jeff Leieritz
E: jleieritz@compassglobalcomms.com
T : 909-528-1261


Read full article here »

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