<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the interim consolidated financial statements of the Company for the nine months ended September 30, 1996, 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> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <CASH> 22 <SECURITIES> 0 <RECEIVABLES> 262 <ALLOWANCES> 0 <INVENTORY> 546 <CURRENT-ASSETS> 940 <PP&E> 1,126 <DEPRECIATION> 0 <TOTAL-ASSETS> 2,869 <CURRENT-LIABILITIES> 542 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1 <OTHER-SE> 62 <TOTAL-LIABILITY-AND-EQUITY> 2,869 <SALES> 1,652 <TOTAL-REVENUES> 1,652 <CGS> 1,395 <TOTAL-COSTS> 1,395 <OTHER-EXPENSES> 170 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 68 <INCOME-PRETAX> 22 <INCOME-TAX> 8 <INCOME-CONTINUING> 12 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 12 <EPS-PRIMARY> .07 <EPS-DILUTED> 0