Noranda Reaches Agreement with Union

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Noranda Aluminum Holding Corporation (NYSE: NOR) announces a new five year labor agreement at its alumina refinery in Gramercy, Louisiana. On October 1, 2010, the agreement between Noranda Alumina LLC and the United Steelworkers of America Local 5702 was ratified by the refinery's union members. Approximately 350 Noranda employees are covered under this contract. “We are pleased with the outcome of negotiations with the Steelworkers' leadership and the ratification by the union membership,” said Noranda's President and CEO, Layle K. “Kip” Smith. “This five year agreement is an important element to support sustainable operations in our integrated upstream business.”

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