EXHIBIT 99.1

                                                             [NEWS RELEASE LOGO]

[CENTURY ALUMINUM LOGO]

             CENTURY ALUMINUM COMPANY ANNOUNCES COMPLETION OF TENDER
                      OFFER AND REFINANCING OF INDEBTEDNESS

         AUGUST 26, 2004, MONTEREY, CA - Century Aluminum Company (NASDAQ: CENX)
(the "Company") announced today that its tender offer and consent solicitation
for its 11 3/4% Senior Secured First Mortgage Notes Due 2008 ("Notes")(CUSIP No.
156431AC2) expired at 10:00 a.m., New York City time, on August 26, 2004, and
that it has purchased $315,055,000 in aggregate principal amount of Notes
validly tendered in the tender offer and not withdrawn prior to the expiration
date.

         Holders will receive $1,096.86 for each $1,000 principal amount of
Notes purchased in the tender offer, plus accrued and unpaid interest. Holders
who tendered their Notes prior to 5:00 p.m., New York City time, on August 6,
2004, will receive a consent payment of $20.00 per $1,000 of principal amount of
Notes resulting in a total consideration of $1,116.86 for each $1,000 principal
amount of Notes purchased in the tender offer, plus accrued and unpaid interest
up to but not including the date of payment.

         The Company financed the tender offer and consent solicitation with the
proceeds of its previously announced private offerings of 7 1/2% Senior Notes
due 2014 ("Senior Notes") in the aggregate principal amount of $250,000,000 and
1.75% Senior Convertible Notes due 2024 ("Convertible Notes") in the aggregate
principal amount of $175,000,000. The private offering of Convertible Notes
closed August 9, 2004 resulting in net proceeds to the Company of approximately
$169.3 million. The private offering of Senior Notes closed today and resulted
in net proceeds to the Company of approximately $243.9 million. The Company
plans to use the remaining proceeds from these offerings to fund certain
expansion-related costs for the Company's Nordural facility and to repurchase
Notes that were not tendered.

         The Company received tenders representing more than 96% of the
outstanding principal amount of the Notes prior to 5:00 p.m., New York City
time, on August 6, 2004. Following the purchase of the Notes accepted in the
tender offer, $9,945,000 in aggregate principal amount of the Notes will remain
outstanding and are scheduled to mature on April 15, 2008. In connection with
the consent solicitation, the company entered into a supplemental indenture that
eliminated substantially all of the restrictive covenants and certain default
provisions contained in the indenture governing the remaining Notes.



         The principal purpose of the tender offer and consent solicitation was
to refinance Century's outstanding Notes with debt bearing a lower interest
rate, thereby reducing the Company's annual interest expense.

         Credit Suisse First Boston LLC acted as the exclusive Dealer Manager
and Solicitation Agent for the tender offer and the consent solicitation.
Questions regarding the tender offer and consent solicitation may be directed to
Credit Suisse First Boston's Liability Management Group, at (800) 820-1653
(toll-free) or (212) 538-0652 (collect). Requests for documents may be directed
to Morrow & Co., Inc., the Information Agent, by telephone at (800) 607-0088
(toll-free), (800) 662-5200 (toll-free), or (212) 754-8000 (collect), or by
e-mail at cenx.info@morrowco.com.

         This press release is not an offer to purchase, a solicitation of an
offer to sell or a solicitation of consents with respect to any securities,
including the Notes.

         ABOUT CENTURY

         Century is a producer of primary aluminum with 615,000
metric-tons-per-year ("mtpy") of primary aluminum production capacity. Century
owns and operates a 244,000-mtpy primary aluminum reduction facility at
Hawesville, KY, a 170,000-mtpy facility in Ravenswood, WV and a 90,000-mtpy
facility in Grundartangi, Iceland. Century also owns a 49.67-percent interest in
a 222,000-mtpy facility in Mt. Holly, SC. Alcoa Inc. owns the remainder and is
the operator of the facility. Century's corporate offices are located in
Monterey, CA.

         FORWARD LOOKING STATEMENTS

         This press release may contain "forward-looking statements" within the
meaning of U.S. federal securities laws. Century 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 Century'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 Century's filings
with the Securities and Exchange Commission. Century 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.

         CONTACT:

         Century Aluminum Company
         A.T. Posti, 831-642-9364