Century Aluminum Applauds President Trump’s Decisive Action to Strengthen Section 232 Tariffs

About this update from Century Aluminum Company

[{"type":"text","content":"CHICAGO, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ:CENX) strongly supports President Donald Trump’s decisive action today to strengthen Section 232 tariffs and fight back against unfair trade practices that have for years disadvantaged the U.S. primary aluminum industry. Today’s executive order implements a 25% tariff on all primary aluminum imports into the U.S. from all foreign countries and closes a loophole in the existing tariff that allowed nearly 75% of imports to avoid the tariff. Closing these loopholes will protect good American jobs and our national security. Century Aluminum CEO Jesse Gary applauded the President’s decisive action: “We strongly support today’s Executive Order from President Donald J. Trump imposing a 25% tariff to stop the flood of aluminum imports into the United States. President Trump’s decisive action will protect national security and help level the playing field for America’s aluminum workers. “On behalf of our employees, I thank President Trump for putting America first and strengthening the Section 232 tariffs, which will help drive the resurgence of domestic aluminum production.” Century Aluminum is the largest domestic producer of primary aluminum in the United States. About Century Aluminum 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 management on the quarterly conference call 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,\" \"...

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