CENTURY ALUMINUM CO

ΔGM = β·Δlog(pata) + ε con β y φ(AR1 de ε) reestimados walk-forward solo con trimestres ya publicados; el residuo agrupa coste unitario, mix y volumen

• condition and results of operation, and cause our future results to differ materially from our current results and from those anticipated in our forward-looking statements. These risk factors should be considered together with the other risks and uncertainties described in
• Risks Related to our Industry and Business
• Risks Related to Indebtedness and Financing
• Risks Related to Legal, Regulatory and Compliance Matters
• Declines in overall aluminum prices could have a material adverse effect on our business, financial condition, results of operations and cash flows.
• Excess capacity and overproduction of aluminum may materially disrupt global aluminum markets causing price deterioration which, in turn, could adversely impact our operating results, sales, margins and profitability.
• Increases in energy costs may adversely affect our business, financial position, results of operations and liquidity.
• Loss or disruptions in our supply of power and other power-related events could adversely affect our business, financial condition or results of operations.
• nuevoWe experienced an electrical equipment failure in October 2025 that reduced production at our Grundartangi smelter’s operations by about two-thirds, and there can be no assurance that we will be able to restore Grundartangi to full and normal operations on the time frame we currently expect.
• We may be unable to continue to compete successfully in the markets in which we operate.
• Curtailment of aluminum production at our facilities could have a material adverse effect on our business, financial position, results of operations and liquidity.
• The restart of curtailed capacity at our Mt. Holly smelter is subject to certain risks and uncertainties.
• Increases in our raw material costs and disruptions in our supply of raw materials could adversely affect our business
• We may be unable to realize expected benefits of our capital projects.
• nuevoThere is no assurance that we and EGA will make a final investment decision to proceed with the new smelter project, and if we do, we may not realize the anticipated benefits from the joint venture.
• nuevoThe construction and operation of the new smelter joint venture project with EGA is subject to numerous risks and uncertainties.
• Certain of our raw material and services contracts contain "take-or-pay" obligations.
• We have historically derived substantially all of our revenue from a small number of customers, and we could be adversely affected by the loss of a major customer or changes in the business or financial condition of our major customers.
• We require substantial resources to pay our operating expenses and fund our capital expenditures.
• International operations expose us to political, economic, regulatory, currency and other related risks which may materially adversely impact our business.
• Unpredictable events may interrupt our operations, which may adversely affect our business.
• We engage in hedging transactions which involve risks that could have a material adverse effect on our business, financial position and liquidity.
• Jamalco’s operations are complex and we may experience substantial risks, delays and/or disruptions in connection with integration activities, a failure of which may result in a material adverse effect on Jamalco’s and Century’s business, financial condition and results of operations.
• Jamalco is operated as an unincorporated joint venture, which may pose unique risks to its operations.
• nuevo22. Restatement of Previously Issued Financial Statements

… 19 más en risk_factors.json

encabezados en negrita/cursiva del HTML que aparecen dentro del Item 1A y van seguidos de ≥300 caracteres de cuerpo (así se descartan los encabezados de grupo); categorías por mapa fijo de palabras clave; 'nuevo' = ausente del 10-K anterior. Sin LLM. Caveat: algún encabezado de grupo puede sobrevivir si su primer subtítulo no venía resaltado en el HTML. · accession 0001628280-26-013788