Company: CENX
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001628280-25-038882
Chunk: 48

Company: CENTURY ALUMINUM CO
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 48
---
 table summarizes the net (loss) gain on forward and derivative contracts:Three months endedJune 30,Six months endedJune 30,2025202420252024Commodity contracts(1)$(15.5)$(4.0)$(20.9)$3.5 Foreign exchange contracts— — — (0.1)   Total$(15.5)$(4.0)$(20.9)$3.4 (1)For the three and six months ended June 30, 2025, there were no forward and derivative contracts with Glencore. For the three and six months ended June 30, 2024, $1.9 million of the net loss and $2.5 million of the net gain was with Glencore, respectively.

20

Table of ContentsCENTURY ALUMINUM COMPANYCondensed Notes to the Consolidated Financial Statements (continued)(amounts in millions, except share and per share amounts)(Unaudited)

11.    DebtJune 30, 2025December 31, 2024Debt classified as current liabilities:Hancock County industrial revenue bonds ("IRBs") due April 1, 2028, interest payable quarterly (variable interest rates (not to exceed 12%))(1)$7.8 $7.8 U.S. Revolving Credit Facility(2)19.6 20.0 Iceland Revolving Credit Facility(3)— 34.0 Grundartangi Casthouse Facility(4)9.0 9.0 Debt classified as non-current liabilities:Grundartangi Casthouse Facility, net of financing fees of $1.0 million at June 30, 2025(4)108.7 114.2 Vlissingen Credit Facility(5)10.0 10.0 7.5% senior secured notes due April 1, 2028, net of financing fees of $1.6 million at June 30, 2025, interest payable semiannually248.4 248.1 2.75% convertible senior notes due May 1, 2028, net of financing fees of $1.0 million at June 30, 2025, interest payable semiannually85.3 85.1 Total$488.8 $528.2 (1)The IRBs are classified as current liabilities because they