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Century Aluminum Co Icelandic Subsidiary Energizes Expansion Capacity
MONTEREY,Calif,November 28, 2007 (Marketwire) - Century Aluminum Company announced today that Nordural Grundartangi ehf,a wholly owned subsidiary,has completed the energizing of all of the cells for its most recent 40,000 tonne expansion project at its primary aluminum smelter at Grundartangi, Iceland. This expansion takes rated capacity at the plant to 260,000 tonnes.
In October of 2006, the company completed a 130,000 tonne expansion project at the Grundartangi facility which took plant capacity from 90,000 tonnes to 220,000 tonnes.
"Over the past two years we have grown capacity at the Grundartangi facility nearly three-fold, on-time and on-budget," said Century president and chief executive officer Logan W. Kruger. "I would like to thank our operating management, contractors and employees for meeting this challenge. In addition, we are grateful for the ongoing support we have received from the local communities, government officials and Hitaveita Sudurnesja, Orkuveita Reykjavikur and Landsvirkjun."
Century Aluminum Company owns primary aluminum capacity in the United States and Iceland, as well as an ownership interest in alumina and bauxite assets in the United States and Jamaica. Century's corporate offices are located in Monterey, California.
Contacts:
Mike Dildine (media)
831-642-9364
Shelly Lair (investors)
831-642-9357
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