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Century Aluminum Is A Promising Icelandic Jewel

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Rupert Hargreaves
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Sometimes smaller is better, and in comparison to its larger peer, Alcoa Inc (NYSE:AA), Century Aluminum Co (NASDAQ:CENX) appears to be the best company.

Century Aluminum Is A Promising Icelandic Jewel

Right now, Century Aluminum Co (NASDAQ:CENX)'s most attractive quality is its discount to book value. However, the company also has some interesting assets and future growth plans.

Century Aluminum Co (NASDAQ:CENX) has five main production facilities, one under construction and two carbon cathode/anode manufacturing facilities. The firms, a leading aluminum production facility, is located in Iceland and the new facility under construction is also located in Iceland.

Icelandic facility is actually a jewel in...

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha