B. Riley analyst Lucas Pipes raised the firm’s price target on Century Aluminum to $19 from $13 and keeps a Buy rating on the shares. Century expects the final investment decision for its secondary billet casthouse in Q3 and a 4-6 year timeline for construction of its green smelter project, notes the analyst, who raised Q2 and 2024 adjusted EBITDA estimates to $32.5M and $191.2M, respectively.
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