SOURCE: Century Aluminum Company

Century Aluminum Company

July 21, 2014 16:00 ET

Century Aluminum Sebree and USW Ratify New Labor Agreement

CHICAGO, IL--(Marketwired - July 21, 2014) - Century Aluminum Sebree LLC, a wholly owned subsidiary of Century Aluminum Company (NASDAQ: CENX), announced today that a new, five-year collective bargaining agreement with the United Steelworkers Local 9443-00 was ratified on July 17, 2014 for the Century Sebree aluminum smelter in Robards, KY. The agreement is effective through October 28, 2019.

"We are pleased to reach a new agreement with the Steelworkers," said Jason Young, Sebree's plant manager. "This collaboration between the two parties is another example of how we continue to work together to provide the best opportunities for our employees and at the same time better position Century Sebree to compete in a highly competitive aluminum market."

The agreement covers approximately 400 hourly workers at the Century Sebree operation.

About Century Aluminum

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

Visit www.centuryaluminum.com for more information.

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

Atli B. Gudmundsson, Senior Manager -- Corporate Finance, Landsbankinn hf.
Steingrimur Helgason, Director -- Corporate Finance, Landsbankinn hf.

Cautionary Statement

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements about future, not past, events and involve certain important risks and uncertainties, any of which could cause our actual results to differ materially from those expressed in our forward-looking statements. Forward-looking statements in this press release include, without limitation, statements regarding the ultimate effects of the new collective bargaining agreement. More information about the risks, uncertainties and assumptions affecting Century can be found in the risk factors and forward-looking statements cautionary language contained in our Annual Report on Form 10-K and in other filings made with the Securities and Exchange Commission. Given these uncertainties, you should not place undue reliance on our forward-looking statements. We do not undertake, and specifically disclaim, any obligation to revise any forward-looking statements to reflect the occurrence of future events or circumstances.

Contact Information

  • Century Aluminum Contacts:
    Kenny Barkley (media)
    (270) 577-2070

    Shelly Harrison (investors)
    312-696-3140