<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the interim consolidated financial statements of the registrant for the quarter and six months ended June 30, 1994, and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000811596 <NAME> KAISER ALUMINUM CORPORATION <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1993 <PERIOD-START> JAN-1-1994 <PERIOD-END> JUN-30-1994 <CASH> $ 78 <SECURITIES> 0 <RECEIVABLES> 222 <ALLOWANCES> 0 <INVENTORY> 395 <CURRENT-ASSETS> 782 <PP&E> 1,133 <DEPRECIATION> 0 <TOTAL-ASSETS> 2,599 <CURRENT-LIABILITIES> 458 <BONDS> 0 <COMMON> 1 <PREFERRED-MANDATORY> 1 <PREFERRED> 0 <OTHER-SE> 61 <TOTAL-LIABILITY-AND-EQUITY> 2,599 <SALES> 875 <TOTAL-REVENUES> 875 <CGS> 807 <TOTAL-COSTS> 807 <OTHER-EXPENSES> 108 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 44 <INCOME-PRETAX> (80) <INCOME-TAX> 28 <INCOME-CONTINUING> (53) <DISCONTINUED> 0 <EXTRAORDINARY> (5) <CHANGES> 0 <NET-INCOME> (58) <EPS-PRIMARY> (1.17) <EPS-DILUTED> (1.17)