SOURCE: Century Aluminum Company

Century Aluminum Company

September 01, 2009 07:00 ET

Century Aluminum Completes Divestment of Stakes in Bauxite and Alumina Assets

MONTEREY, CA--(Marketwire - September 1, 2009) - Century Aluminum Company (NASDAQ: CENX) today announced that the sale of the company's 50% joint venture ownership positions in Gramercy Alumina LLC and St. Ann Bauxite Limited to Noranda Aluminum Holding Corporation was completed on August 31. With the closing of this transaction, Century has divested itself of its entire interest in these businesses.

Century Aluminum Company owns primary aluminum capacity in the United States and Iceland. Century's corporate offices are located in Monterey, California.

Cautionary Statement

This press release may contain "forward-looking statements" within the meaning of U.S. federal securities laws. The company has based its forward-looking statements on current expectations and projections about the future; however, these statements are subject to risks, uncertainties and assumptions, any of which could cause the company's actual results to differ materially from those expressed in its forward-looking statements. More information about these risks, uncertainties and assumptions can be found in the risk factors and forward-looking statements cautionary language contained in the company's Annual Report on Form 10-K and in other filings made with the Securities and Exchange Commission. The company does not undertake, and specifically disclaims, any obligation to revise any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date such forward-looking statements are made.

Certified Advisors for the First North market of the OMX Nordic Exchange Iceland hf. for Global Depositary Receipts in Iceland:

Helga Gunnarsdottir, Director-Corporate Finance, NBI hf.

Astros Vidarsdottir, Senior Manager-Corporate Finance, NBI hf.

Contact Information

  • Contacts:

    Mike Dildine (media)
    831-642-9364

    Shelly Lair (investors)
    831-642-9357