Strong Financial Performance and Liquidity Improvement
Century generated $78 million of adjusted EBITDA in Q1, reducing net debt by $55 million and increasing liquidity by $94 million.
Record Alumina Production
Jamalco achieved its highest quarterly volume in Q1 since its acquisition in 2023, with ongoing investments in capital improvement programs.
Positive Impact of Section 232 Tariffs
Midwest premium doubled post-tariff announcement, benefiting Q1 results by $16 million, with further benefits expected in Q2.
Full Production Recovery at Grundartangi
Grundartangi returned to full production in March after power curtailments were lifted, with a new power supply agreement extending to 2032.
Operational Improvements at Sebree
Sebree achieved higher volumes and lower costs, allowing for advanced maintenance to improve reliability.