Century Aluminum Co., a prominent player in the American materials sector, has recently made significant strides in expanding its domestic production capabilities. As a company specializing in the production of primary aluminum, Century Aluminum operates several facilities across the United States, including a reduction facility in Ravenswood, West Virginia, and partial interests in facilities in Mt. Holly, South Carolina, and Hawesville, Kentucky. The company’s commitment to enhancing its operational footprint is underscored by its latest venture in partnership with Emirates Global Aluminum.
The joint venture, centered around a new smelter project in Inola, Oklahoma, is poised to revolutionize the domestic aluminum industry. By employing advanced reduction technology, the project aims to double the output of primary aluminum within the United States. This ambitious initiative not only underscores Century Aluminum’s dedication to innovation but also promises to create numerous job opportunities in the region, bolstering local economies.
Bechtel, a renowned engineering firm, has been selected to spearhead the preparatory engineering work for the Inola project. With construction slated to commence by the end of 2026, the timeline reflects a strategic approach to scaling up production capabilities while ensuring meticulous planning and execution.
This development follows a series of strategic moves by Century Aluminum, including the sale of its Hawesville site. Despite these changes, the company maintains its involvement in other reduction facilities across West Virginia, South Carolina, and Kentucky, reinforcing its commitment to a robust domestic production network.
Market reactions to these developments have been mixed. While there is optimism surrounding the potential expansion and its implications for the aluminum industry, some caution persists due to recent fluctuations in Century Aluminum’s share price. As of February 11, 2026, the company’s stock closed at $49.7, with a 52-week high of $55.59 and a low of $13.05 recorded on April 8, 2025. The company’s market capitalization stands at approximately $4.99 billion, and its price-to-earnings ratio is 64.35, reflecting investor sentiment and market dynamics.
Century Aluminum’s strategic initiatives, particularly the Inola project, highlight its focus on expanding its domestic production footprint and enhancing operational capabilities. As the company continues to navigate the complexities of the metals and mining industry, its efforts to innovate and grow are likely to shape its trajectory in the coming years. For more detailed information about Century Aluminum and its activities, interested parties can visit the company’s website at www.centuryaluminum.com .
