Century Aluminum Company - Company Announcement (is)

Century Aluminum Permanently Closing Ravenswood Smelter

CHICAGO, IL--(Marketwired - July 27, 2015) - Century Aluminum Company (NASDAQ:
CENX) announced today that it intends to permanently close its Ravenswood, W.V.
aluminum smelter, effective immediately. The Ravenswood smelter has been idled
since February 2009. The decision to permanently close the Ravenswood plant is
based on the inability to secure a competitive power contract for the smelter,
compounded by challenging aluminum market conditions largely driven by
increased exports of aluminum from China. As a result, the economics of
restarting and operating the facility are unfavorable. "We have worked diligently with local, state and federal officials, along with
the power company, to reopen the smelter but we have been unable to secure a
long-term, competitive power contract," said Michael Bless, Century CEO. "We
are convinced that all of these parties did everything within their ability to
support our efforts to restart the Ravenswood smelter, and we are grateful for
their commitment. We deeply regret the impact of this action on our employees
and on the local community, and share in the profound disappointment. We will
now turn our attention to the efficient disposition of the facility; we are
committed to working with state leadership and the other relevant
constituencies in this endeavor."

Ravenswood, built in 1957, has four potlines with a full operating capacity of
170,000 tonnes per year. 

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.