世纪铝业与阿联酋环球铝业合作建厂，股价短期波动显著

Group 1 - Century Aluminum and Emirates Global Aluminum announced a partnership to build a 750,000-ton per year aluminum smelter in Oklahoma, with a total investment exceeding $5 billion, aimed at benefiting from U.S. tariff policies [1] - Following the announcement, the stock price initially dropped by 8.4%, closing at $51.96 on February 10, down 4.42% for the day, but saw a cumulative increase of 9.32% over the past five trading days, with a year-to-date gain of 32.62% [1] - Analysts from Montreal Bank highlighted the need to monitor project financing progress and aluminum price volatility risks [1] Group 2 - In the past week, Century Aluminum's stock exhibited significant volatility, with a single-day increase of 11.80% to $52.40 on February 6, followed by a further rise of 3.74% to $54.36 on February 9, before a 4.42% pullback to $51.96 on February 10 [2] - The latest stock price on February 11 was $53.48, reflecting a daily increase of 2.93%, with a cumulative gain of 12.52% over the last five trading days and a price fluctuation range of 21.75% [2] - The stock price drop of nearly 14% was influenced by the largest shareholder Glencore's reduction in holdings, with recent volatility partly attributed to profit-taking [2] Group 3 - Institutional outlook on Century Aluminum is positive, with five firms issuing buy or hold ratings in February 2026, setting a target average price of $59.75 [3] - Earnings forecasts indicate that adjusted EBITDA for Q4 2025 is expected to reach between $170 million and $180 million, primarily supported by premiums from the London Metal Exchange and Midwest aluminum premiums in the U.S. [3]