Glencore Becomes Century Aluminum's Largest Shareholder

Institutional investor increases stake in industrial products company by over 33%

Apr. 9, 2026 at 8:56am

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A high-end, photorealistic studio still-life photograph featuring a polished aluminum ingot, a stack of financial documents, and a sleek, modern desk lamp against a clean, monochromatic background, symbolizing the industrial manufacturing, financial strategy, and technological innovation at the heart of Century Aluminum's business.Glencore's strategic investment in Century Aluminum signals confidence in the aluminum producer's future growth and innovation.Hawesville Today

Glencore plc, the multinational commodity trading and mining company, has significantly increased its stake in Century Aluminum Company (NASDAQ:CENX), making it the largest shareholder of the industrial products manufacturer. According to a recent SEC filing, Glencore now owns 53,511,894 shares of Century Aluminum, representing a 57.33% ownership stake worth over $2 billion.

Why it matters

This move by Glencore highlights the company's confidence in Century Aluminum's long-term prospects and its strategic importance within Glencore's diversified portfolio. As one of the largest primary aluminum producers in North America, Century Aluminum's operations and financial performance will be closely watched by investors and industry analysts.

The details

Glencore increased its stake in Century Aluminum by 33.6% in the fourth quarter of 2025, adding 13,454,538 additional shares to its existing position. This makes Century Aluminum Glencore's second-largest holding, accounting for 26.4% of the institutional investor's total portfolio.

  • Glencore increased its stake in Century Aluminum by 33.6% in the fourth quarter of 2025.

The players

Glencore plc

A multinational commodity trading and mining company that has become the largest shareholder of Century Aluminum Company.

Century Aluminum Company

A primary aluminum producer and manufacturer of industrial products, headquartered in the United States.

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The takeaway

Glencore's increased stake in Century Aluminum underscores the growing importance of the primary aluminum industry and the strategic value of Century Aluminum's North American operations within Glencore's global commodity portfolio.