Company: CENX
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050200
Chunk: 70

Company: CENTURY ALUMINUM CO
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 70
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 1st Quarter94,601 $306.6 74,071 $217.3 168,672 $523.9 20243rd Quarter97,173 $282.6 71,582 $202.8 168,755 $485.4 2nd Quarter93,805 $266.5 74,103 $185.8 167,908 $452.3 1st Quarter97,602 258.1 77,025 189.5 174,627 $447.6 

(1)Excludes scrap aluminum sales, purchased aluminum and alumina sales.

Net sales

Net sales increased by $4.1 million for the three months ended September 30, 2025, compared to the three months ended June 30, 2025, primarily driven by an increase in realized regional price premiums of $52.0 million attributable to increases in the Midwest Premium, partially offset by unfavorable volume and sales mix of $42.6 million and a reduction in third-party alumina sales of $0.8 million.

Net sales increased by $304.8 million for the nine months ended September 30, 2025, compared to the nine months ended September 30, 2024, primarily driven by favorable realized LME and regional price premiums of $267.7 million, an increase in third-party alumina sales of $20.8 million and favorable volume and sales mix of $17.3 million.

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Gross profit

Gross profit increased by $41.1 million for the three months ended September 30, 2025, compared to the three months ended June 30, 2025, primarily attributable to favorable realized regional price premiums of $52.0 million driven by increases in the Midwest Premium and favorable raw material price realization of $16.0 million, partially offset by unfavorable volume and sales mix of $9.0 million, unfavorable power price realization of $8.7 million and unfavorable other costs of $3.7 million including increased maintenance and supply costs and labor costs associated with the Mt. Holly restart project.

Gross profit increased by $55.4 million for the nine months ended September 30, 2025, compared to the nine months ended September 30, 2024, primarily due to favorable metal price realization of $267.7 million, partially offset by unfavorable raw material price realization of $71.