BILLINGS, Mont., June 22 /PRNewswire-FirstCall/ -- STILLWATER MINING COMPANY reported that yesterday Stillwater Mining Company and the USW International Union had reached a tentative agreement on a new contract. The Union will be holding contract explanation meetings to explain the changes in the tentative agreement on June 25 & 26, 2007. Union members will vote on the contract June 25 & 26, 2007 from 12:00 pm (noon) until 9:00 pm. The vote will be tallied at the end of balloting.
The tentative agreement has the support and endorsement of the union's bargaining committee, and the company's bargaining committee. The company and union believe the tentative agreement is a fair and equitable agreement and that negotiations were handled in a professional, fair and diplomatic manner.
Stillwater Mining Company is the only U.S. producer of palladium and platinum and is the largest primary producer of platinum group metals outside of South Africa and the Russian Federation. The Company's shares are traded on the New York Stock Exchange under the symbol SWC. Information on Stillwater Mining can be found at its Website: http://www.stillwatermining.com/.
