Century Aluminum Company (NASDAQ: CENX) announced that the Grundartangi smelter, owned and operated by its wholly owned subsidiary, Nordural Grundartangi ehf, experienced a temporary power outage yesterday. The outage resulted from damage sustained, due to abnormal and extreme weather conditions, at an offsite electrical substation owned and operated by the national power grid operator.
The outage lasted approximately three hours and power was fully restored after approximately 12 hours. Plant personnel handled the interruption safely and no injuries have been recorded.
The smelter is in the process of resuming full operations. Nordural is continuing to evaluate the full impact of the outage on the smelter, which it does not currently believe to be material.
Century Aluminum Company owns primary aluminum capacity in the United States and Iceland. Century's corporate offices are located in Monterey, California.
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, NBI hf.
Steingrimur Helgason, Director -- Corporate Finance, NBI hf.
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