CENTURY ALUMINUM Business Summary

Century Aluminum Co (CENX) operates as a leading producer of primary aluminum, generating revenue through the smelting and sale of standard-grade and value-added aluminum products to industrial customers in North America and Europe. The company’s business is vertically integrated across three primary segments: U.S. Aluminum, which includes smelters in Kentucky and South Carolina; Iceland Aluminum, centered on the Grundartangi facility; and a secondary segment focused on bauxite mining and alumina refining in Jamaica, alongside carbon anode production in the Netherlands. As of early 2026, the company is aggressively pivoting toward the digital economy, recently selling its Hawesville site for AI data center development while partnering with Emirates Global Aluminium to construct a greenfield smelter in Oklahoma—the first large-scale U.S. facility of its kind in nearly 50 years. Century Aluminum maintains a dominant position as the largest primary aluminum producer in the United States, competing directly with global giants such as Alcoa (AA), Norsk Hydro (NHYDY), and Kaiser Aluminum (KALU) by leveraging high-purity product premiums and strategic domestic supply chain positioning. Founded in 1995 as a spin-off from Glencore International AG, the company is currently led by President and CEO Jesse E. Gary, a veteran executive who previously served as COO and General Counsel before taking the helm in 2021. The leadership team was further solidified in 2025 with the promotion of Peter A. Trpkovski to Executive Vice President and CFO, bringing a background in financial planning and industrial engineering from Johnson Controls and Citigroup. Other key executives include Gunnar Gudlaugsson, EVP of Global Operations, and Matthew Aboud, SVP of Strategy and Business Development. The company’s governance is overseen by Chairman Andrew Michelmore, a former CEO of MMG Limited and OZ Minerals. While Glencore has historically been the firm's largest shareholder, recent institutional activity shows significant positions held by Impala Asset Management, BlackRock, and State Street, reflecting a shift toward broader institutional ownership as the company scales its low-carbon aluminum initiatives.