MONTEREY, CA, Mar 30, 2006 (MARKET WIRE via COMTEX News Network) -- Century Aluminum of Kentucky, LLC, a wholly owned subsidiary of Century Aluminum Company (NASDAQ: CENX), and The United Steelworkers have agreed to extend the current labor agreement covering the Hawesville, Kentucky operations until 12:01 a.m. on April 15, 2006. Agreement on the extension was reached to allow the parties more time to successfully resolve the important issues that are presented in these negotiations.
Based on the progress to date, the tone of the negotiations and the good-faith evident at the table, both parties anticipate that a new labor agreement will be reached on or before April 15, 2006.
Century presently owns 615,000 metric tonnes per year of primary aluminum capacity in the United States and Iceland, as well as an ownership stake in alumina and bauxite assets in the United States and Jamaica. Century's corporate offices are located in Monterey, California.
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.
Contact: Michael Dildine 831-642-9364 Contact via http://www.marketwire.com/mw/emailprcntct?id=73D323B3CB379222
SOURCE: Century Aluminum Company
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