The company reports Q2 2026 revenue of $379 million and a 7% quarterly shipment increase amid market challenges.
Ferroglobe announced plans to build a $180M-$200M magnesium plant, targeting initial commercial operations before year-end. The move follows solid Q2 2026 results, with revenue rising 9% to $379 million and shipments up 7% to 188,000 tons quarter-over-quarter.
Adjusted EBITDA increased by $10 million, reflecting improved execution despite a challenging market. The company’s CEO cited strong operational performance as a key driver for the quarter’s growth.
No immediate market reaction was disclosed in the earnings call insights.