CENTURY ALUMINUM CO 8-K

What Happened

• On February 2, 2026, Century Aluminum of Kentucky General Partnership (a wholly owned subsidiary of Century Aluminum Company) completed the sale of approximately 750 acres located at 1627 State Route 3543, Hawesville, KY 42348 to Justified DataPower LLC. The purchase price: $200,000,000 in cash plus a 6.8% non-dilutive minority equity interest in Raylan Data Holdings LLC, an affiliate of the buyer that intends to develop a high-performance computing/AI data center on the property. The company filed this transaction in an 8-K and issued a press release the same day.

Key Details

• Sale date and filing: February 2, 2026 (Purchase and Sale Agreement and closing completed the same day).
• Property: ~750 acres at 1627 State Route 3543, Hawesville, KY.
• Consideration: $200,000,000 cash + 6.8% non-dilutive minority interest in Raylan Data Holdings LLC.
• Minority interest terms: subject to customary minority protections; CAKY may require Raylan Data to purchase the interest starting on the first anniversary of the data center’s commencement of operations. CAKY will not participate in financing, construction, management, or operation and has no capital contribution obligations to maintain the stake.

Why It Matters

• The transaction converts a large real-estate asset into immediate cash ($200M) and a limited ongoing economic interest in a planned AI/data-center project. For investors, the cash proceeds may strengthen Century Aluminum’s liquidity or be used for corporate purposes, while the minority stake offers potential upside tied to the data center’s value without operational or capital commitments. The filing also confirms the sale is complete and includes the company’s public disclosure (press release) and the full purchase agreement as exhibits.