Century Aluminum forecasts Q4 adjusted EBITDA of $275 million to $300 million
CENX•Century Aluminum forecasts fourth-quarter 2026 adjusted EBITDA of $275 million to $300 million, down from $332 million in the third quarter, with lower aluminum prices and delivery premiums expected to reduce earnings by $35 million to $45 million.
1. Fourth-quarter outlook
Century Aluminum forecasts fourth-quarter 2026 adjusted EBITDA of $275 million to $300 million, compared with $332 million in the third quarter. The outlook assumes an LME aluminum price of $3,150 per metric ton, while lower aluminum prices and delivery premiums are expected to reduce earnings by $35 million to $45 million.
2. Shipments and spending
Full-year 2026 aluminum shipments are projected at 630,000 metric tons, versus 427,000 metric tons year to date. Investment capital spending is forecast at $70 million to $80 million, and sustaining capital spending at $55 million to $60 million.
