Century Aluminum Projects Q4 Adjusted EBITDA Between $275M and $300M
Century Aluminum (CENX) has provided a positive outlook for the fourth quarter, projecting adjusted EBITDA in the range of $275 million to $300 million. The company's leadership noted that recent performance is driven by a significant operational milestone: returning assets to full capacity for the first time in over ten years. CEO Jesse Gary attributed the improved results to robust market demand and favorable pricing environments. Additionally, the company is nearing an agreement regarding financing terms for its operations in Oklahoma, which is expected to provide further stability to its capital structure.
Tickers: $CENX
Topics: aluminum demand capacity utilization earnings call quarterly results