CHICAGO, July 12, 2024 (GLOBE NEWSWIRE) -- Century Aluminum today announced that its Jamalco bauxite mining and alumina production joint venture has returned to full production following the impact of the recent Hurricane Beryl in Jamaica. No injuries to employees nor significant damage occurred to Jamalco's production facilities. Century does not expect the event to have a material effect on its financial results.
" I want to say thank you to the entire Jamalco team who did a remarkable job preparing for and operating safely through this major storm," said Century's President and CEO Jesse Gary. "While we are thankful that our employees are safe and that no significant damage occurred at the refinery, the hurricane did have a major impact on the surrounding communities, and we are working with local officials in Clarendon and other parishes to assist those in need."
While Jamalco's production facilities escaped significant damage, the port facility was impacted by the storm, where a portion of the alumina conveyor was damaged and will need repair. The repairs are anticipated to be completed in several weeks. Jamalco has secured alternative port arrangements to ensure continued alumina shipments to its customers while the repairs to the conveyor are ongoing. The damage to Jamalco's alumina conveyor is not anticipated to impact the refinery's production levels, ability to receive raw materials or otherwise operate the refinery.
About Century Aluminum Company
Century Aluminum is an integrated producer of bauxite, alumina, and primary aluminum products. Century is the largest producer of primary aluminum in the United States and also operates production facilities in Iceland, the Netherlands and Jamaica.
Visit www.centuryaluminum.com for more information.
Cautionary Statement
This press release and statements made by Century Aluminum Company and its management contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, which are subject to the "safe harbor" created by section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements are statements about future events and are based on our current expectations. These forward-looking statements may be identified by the words "believe," "expect," "hope," "target," "anticipate," "intend," "plan," "seek," "estimate," "potential," "project," "scheduled," "forecast" or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," "might," or "may."
Where we express an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, our forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties which may cause actual results to differ materially from future results expressed, projected or implied by those forward-looking statements. Important factors that could cause actual results and events to differ from those described in such forward-looking statements can be found in the risk factors and forward-looking statements cautionary language contained in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and in other filings made with the Securities and Exchange Commission. Although we have attempted to identify those material factors that could cause actual results or events to differ from those described in such forward-looking statements, there may be other factors that could cause actual results or events to differ from those anticipated, estimated or intended. Many of these factors are beyond our ability to control or predict. Given these uncertainties, the reader is cautioned not to place undue reliance on our forward-looking statements. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise.
Contact
Ryan Crawford
312-696-3132
Source: Century Aluminum Company
