Ormet Corporation, an independent U.S. producer of aluminum, announced its third quarter 2008 and nine months ending September 30, 2008 results realizing a net loss of $7.6 million and $3.3 million, respectively.

Ormet Corporation, a top U.S. producer of aluminum, announced today that it has secured sufficient alumina to allow it to energize its sixth potline and be back on track with production targets by year end.

Ormet Corporation, a top U.S. producer of aluminum, today announced that it will delay the restart of its sixth and final potline due to affects from Hurricane Dean. Ormet receives alumina from various sources. The current source is from the Jamalco alumina refinery located in Jamaica.

Ken Campbell, outgoing CEO of Ormet Corporation, announced today that the company had successfully completed a private sale of 1.6 million shares of common stock to several accredited investors. This transaction resulted in net cash proceeds to Ormet in excess of $27 million.

Ormet Corporation today announced that it has hired Mike Tanchuk to replace Ken Campbell as the organization's chief executive officer, effective May 1, 2007. Campbell will assume the responsibilities of chairman of the board.