UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of
1934
Date
of
Report (Date of earliest event reported): September 25, 2006
Century
Aluminum Company
(Exact
name of registrant as specified in its charter)
|
Delaware
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0-27918
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13-3070826
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|
(State
or other jurisdiction of Incorporation)
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(Commission
File Number)
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(IRS
Employer Identification No.)
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2511
Garden Road
Building
A, Suite 200
Monterey,
California
(Address
of principal executive offices)
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93940
(Zip
Code)
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|
(831)
642-9300
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|
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(Registrant's
telephone number, including area code)
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|
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N/A
|
|
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(Former
name or former address, if changed since last
report)
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|
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
□
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
□
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
□
Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
□
Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item
8.01 Other Events
On
September 25, 2006, Century Aluminum Company (the “Company”) reported that
Century Aluminum of West Virginia, Inc. (“CAWV”), a wholly-owned subsidiary of
the Company, has initiated the restart of the potline that was shut down on
July
29, 2006 due to the receipt of a 72-Hour Notice of Termination of Extension
Agreement and Intent to Strike the Employer from the United Steelworkers Local
5668-04. Anticipated restart costs will total approximately $4 million in the
third quarter. The Company expects that the affected potline will be capable
of
producing at its rated capacity by the end of December 2006. A copy of the
Company’s press release regarding the restart of the potline is attached as
Exhibit 99.1 and is incorporated herein by reference.
Century
Aluminum Company, the parent of CAWV, owns primary aluminum capacity in the
United States and Iceland, as well as an ownership stake in alumina and bauxite
assets in the United States and Jamaica. Century’s corporate offices are located
in Monterey, California.
The
information in this Form 8-K and the exhibits attached hereto 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 the Company’s risks, uncertainties and
assumptions (including risks relating to union disputes) 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.
Item
9.01. Financial Statements and Exhibits
(c)
Exhibits
The
following exhibit is being furnished with this report pursuant to Item
8.01:
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Exhibit
Number
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Description
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99.1
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Press
Release, dated September 25, 2006
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant
has
duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.
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CENTURY
ALUMINUM COMPANY
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|||
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Date:
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September
25, 2006
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By:
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/s/
Robert R. Nielsen
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Name:
Robert R. Nielsen
Title:
Executive Vice President, General Counsel and
Secretary
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Exhibit
Index
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Exhibit
Number
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Description
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99.1
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Press
Release, dated September 25, 2006
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Exhibit
99.1
MONTEREY,
CA -- (MARKET WIRE) -- September 25, 2006 -- Century Aluminum Company (NASDAQ:
CENX)
reported today that the company has initiated the restart of the potline at
Century Aluminum of West Virginia's Ravenswood reduction facility that was
shut
down on July 29 as a result of a notice to strike by the United Steelworkers.
A
three-year labor agreement with the union was subsequently ratified on August
5.
Each
of
the company's four potlines at Ravenswood has a rated capacity of approximately
42,500 tonnes per year. The company expects that the affected potline will
be
capable of producing at its rated capacity by the end of December 2006.
The
company continues to anticipate that direct restart costs will total
approximately $4 million. Major restart cost items include pot relining, anode
replacement and excess power consumed during the restart phase. The company
estimates that lost production from the shutdown will total about 12,000 tonnes,
with approximately 75% of the production loss occurring in the third quarter.
Century
Aluminum Company, the parent of Century Aluminum of West Virginia, owns primary
aluminum capacity in the United States and Iceland, as well as an ownership
stake in alumina and bauxite assets in the United States and Jamaica. Century's
corporate offices are located in Monterey, California.
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.
Century
Aluminum Company
Monterey,
California
Michael
Dildine
831-642-9364
mdildine@centuryca.com