2007-06-21 13:01:24 CEST

2011-09-16 12:28:51 CEST


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Íslenska Enska
Century Aluminum Company - Company Announcement (is)

- Century kannar hagkvæmni þess að reisa álver í Kína


MONTEREY, CA -- (MARKET WIRE) -- June 19, 2007 -- Century Aluminum Company
(NASDAQ: CENX) announced today that it has signed a memorandum of understanding
(MOU) with the Guangxi Investment Group Company (GIG) to explore the
feasibility of developing a high purity aluminum reduction project and related
bauxite and alumina supplies in China. 

The project is targeted for Laibin, in the Guangxi Zhuang Autonomous Region,
one of China's largest bauxite reserve areas. The project would consist of a
500,000 tonne aluminum smelter that would be constructed in two phases, and
which would supply an integrated aviation and alloy products facility that GIG
is developing. "We are very pleased to be working with the Guangxi Group," said president and
chief executive officer Logan W. Kruger. "We see great potential in this region
of China and look forward to exploring the feasibility of a mutually beneficial
project."
Century Aluminum Company owns primary aluminum capacity in the United States
and Iceland, as well as an interest in alumina and bauxite assets in the United
States and Jamaica. 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. 


Contacts:
Mike Dildine
(media)
831-642-9364

Shelly Lair
(investors)
831-642-9357


SOURCE:  Century Aluminum Company