secwatch.observer — SEC 8-K summary
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Issuer:     CENTURY ALUMINUM CO (CENX)
CIK:        0000949157
Form:       8-K
Filed at:   2023-05-08T23:59:59+00:00
Accession:  0000949157-23-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Century Aluminum narrows Q1 net loss to $38.6M; EBITDA turns positive at $24.1M
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- Q1 net loss of $38.6M, improved from Q4 loss of $113.5M; diluted loss per share $0.42 vs $1.24.
- Adjusted EBITDA of $24.1M versus -$12.4M in Q4; adjusted loss per share $0.11 (improved from $0.31).
- Shipments 181,165 tonnes (+7% QoQ); net sales $552.4M, up 4% from Q4.
- Realized LME aluminum price $2,350/T (+$42/T); Kentucky energy costs fell 47% to $30/MWh.
- Acquired 55% interest in Jamalco bauxite/alumina operation; total liquidity $241.0M as of March 31.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/949157/000094915723000032/0000949157-23-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/949157/000094915723000032/cenx-20230508.htm
  HTML page:      https://secwatch.observer/filing/0000949157-23-000032

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