In the present work the crystallization process of an aluminum-based amorphous metal have been investigated. Rapidly quenched Al85Ce5Ni10 ribbon has been produced by melt-spinning. The amorphous structure evolution during heating has been studied by a combination of X-ray diffraction (XRD) and differential scanning calorimetry (DSC). Thermograms obtained in continuous heating regime reveal a glass transition, Tg, resulting in a supercooled liquid temperature range of ∼16°C. Multiple crystallization events were observed by isothermal annealing of the as-quenched melt-spun ribbon at temperatures below Tg; precipitation of a metastable phase in the amorphous matrix has been observed. Further heating at increasing temperatures resulted in complete crystallization with α-Al and intermetallic compounds. Kinetics analyses indicate that crystallization occurs though nucleation and three-dimensional growth.