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Century Aluminum Publishes its Inaugural Annual Sustainability Report

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CHICAGO, April 21, 2021 (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ:CENX) ("Century") announced today the release and publication of its inaugural annual Sustainability Report. This report emphasizes Century's commitment to the maintenance of healthy, safe and sustainable operations and incorporates information on Century's environmental, social and governance (ESG) strategy.

The full 2020 inaugural Sustainability Report is available at https://centuryaluminum.com/responsibility-and-sustainability/default.aspx.

"We are pleased to publish Century's first Sustainability Report and look forward to engaging on this most important of topics with our entire community of stakeholders," said Michael A. Bless, President and Chief Executive Officer. "The maintenance of safe and sustainable operations has always taken precedence at Century.  We believe this is a set of priorities in which continuous improvement, with a disposition for urgency, is required.  We are committed to playing a leading role as our industry addresses these generational challenges."

Some of Century's ESG performance highlights noted in the Sustainability Report include:

  • 100% of the power supplied to Nordural Grundartangi ehf., Century's wholly-owned subsidiary, comes from hydroelectric and geothermal sources, while at Sebree and Hawesville, our power purchases have included an increasing amount of renewable energy for each of the past several years.
  • Technical redesign of our Vlissingen anode facility to optimize energy use and production capacity.
  • Continued development and innovation with "green aluminum" products to reduce both our and our customers' carbon impact. An example of this is our Natur- Al™ product, launched in 2020.
  • Development of and implementation of new pot technology at Hawesville which we expect to deliver reduced power consumption and improved current efficiency.
  • Conducting a Safety and Health leadership engagement activity at Mt. Holly, Sebree, and Hawesville beginning in early 2021, aimed at providing leadership tools to help us accomplish Century's safety vision.

About Century Aluminum Company

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.

Cautionary Statement

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. 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." Our forward-looking statements include, without limitation, statements with respect to: the goals, effects, consequences and expectations of the sustainability efforts of Century, ongoing transparency and performance reporting of Century's environmental, social and governance operations, global and local financial and economic conditions; future aluminum pricing and the costs of our major raw materials.

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, 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, investors are 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
Peter Trpkovski
(Investors and media)
312-696-3132

Source: Century Aluminum Company

 


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