Century Aluminum Q2 net loss narrows to $35.1M; revenue up 19% QoQ

CENTURY ALUMINUM CO

2021-Q2 EPS reported -$1.94 revenue$972,000,000

Net loss of $35.1M ($0.39 diluted EPS loss) vs $140.0M loss in Q1; adjusted EPS loss of $0.27.
Revenue of $528M, up 19% from $444M Q1; shipments 190,894 tonnes.
Realized LME aluminum price $2,155/T, +$215/T QoQ; US Midwest premium $490/T (+$160/T).
Completed refinancing: Senior Notes extended to 2028, added Convertible Notes due 2028.
Signed 3-year Iceland power contract securing 100% renewable energy for Grundartangi through 2026.

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