NORANDA BAUXITE ANNOUNCES THE CONCLUSION OF UNION AGREEMENTS WITH ITS THREE JAMAICAN LABOR UNIONS

NORANDA BAUXITE ANNOUNCES THE CONCLUSION OF UNION AGREEMENTS WITH ITS THREE JAMAICAN LABOR UNIONS - NORANDA BAUXITE ANNOUNCES THE CONCLUSION OF UNION AGREEMENTS

St. Ann, Jamaica – December 31, 2019 – Noranda Bauxite has reached agreement with the University & Allied Workers Union (UAWU) on a new labor contract that governs the terms and conditions of employment for UAWU members through April 30, 2023. The agreement with UAWU culminates the renegotiation of all of Noranda Bauxite’s Union contracts, with the company having reached agreements earlier in 2019 with the Bustamente Industrial Trade Union (BITU) through December 31, 2021, and with the Union of Technical, Administrative and Supervisory Personnel (UTASP) through December 31, 2022.

“Our workforce is the backbone of our operations here in Jamaica,” said Delroy Dell, Noranda Bauxite’s General Manager. “The negotiations were tough but fair, and we are proud to work cooperatively with these Unions to strengthen our worker protections and provide fair wages to all our employees.” Dell added, “I want to thank the Union representatives and our own executive team for collaborating on these vital agreements.”

Company Chairman and CEO David D’Addario said, “A strong relationship with our Unions is necessary to the success of our Jamaican bauxite operations. When we acquired Noranda Bauxite and 50 years of mining rights in Jamaica, we committed to the Government that we would work to reach fair agreements and enhance the stability of our Union workforce. These three Union agreements demonstrate that we have fulfilled that promise, while helping ensure that our employees remain among the most well compensated in Jamaica."

About Noranda Bauxite: Noranda Bauxite is the bauxite mining operation of New Day Aluminum Holdings, LLC, which also owns and operates Noranda Alumina, a smelter grade alumina refining operation in Gramercy, Louisiana. New Day also owns and operates NICHE Chemical, which markets chemical grade alumina in North America, along with specialty minerals businesses Niche Fused Alumina in La Bâthie, France and Niche Fused Magnesia in Hull, England. New Day is principally owned by the partners of DADA Holdings. DADA is an investment and management company based in Fort Lauderdale, Florida that makes control investments and manages companies in basic industries, such as metals and mining.

Contact: Delroy.Dell@norandabauxite.com or Communications@NorandaBauxite.com