Kaiser`s Aluminium emergence from Chapter 11. - 500 Beiträge pro Seite

[UH1d]

Kaiser Aluminum Files Court Motion Regarding Commitment Letter for New Financing Arrangement
Saturday January 15, 10:03 am ET


HOUSTON--(BUSINESS WIRE)--Jan. 15, 2005--Kaiser Aluminum has signed a commitment letter and filed a motion with the U.S. Bankruptcy Court for the District of Delaware seeking approval to enter into an agreement with JPMorgan Chase Bank, National Association, J.P. Morgan Securities Inc., and The CIT Group/Business Credit, Inc. under which Kaiser would be provided with a replacement for the company`s existing Debtor-in-Possession (DIP) Credit Facility and a commitment for a multi-year exit financing arrangement upon Kaiser`s emergence from Chapter 11.
J.P. Morgan Securities Inc., would act as the lead arranger, sole bookrunner, and syndication agent for the new facility. JPMorgan Chase Bank would be administrative agent. CIT Group would act as co-arranger.

As described in the motion and the corresponding commitment letter, and subject to the completion of definitive documentation, the new facility would:

Replace the existing $200 million DIP credit facility, which expires February 13, 2005, with a new $200 million credit facility intended to remain in place until the company`s emergence from Chapter 11.
Include a commitment, upon Kaiser`s emergence from Chapter 11, for exit financing in the form of a $200 million revolving credit facility and a fully drawn term loan of up to $50 million.
Provide a maturity on the exit financing`s revolving credit facility of five-years from the date of the closing of the replacement DIP (which is expected to occur in February 2005) and a maturity on the term loan of six years from such closing date.
Kaiser has asked the Court to schedule a hearing on the motion on February 2, 2005.

"The new facility has been designed to provide us with the size, terms, and flexibility that we expect to need as we complete our reorganization and look ahead to our future as a highly competitive fabricated products company. The exit financing, in particular, is expected to enable Kaiser to emerge from Chapter 11 with a sound financial profile and the liquidity necessary to support continued growth," said Jack A. Hockema, Kaiser`s President and Chief Executive Officer.

Kaiser Aluminum (OTCBB:KLUCQ - News) is a leading producer of fabricated aluminum products and owns interests in alumina and primary aluminum.

Company press releases may contain statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The company cautions that any such forward-looking statements are not guarantees of future performance and involve significant risks and uncertainties, and that actual results may vary materially from those expressed or implied in the forward-looking statements as a result of various factors. Actual events could differ materially from those reflected in the forward-looking statements contained in this press release as a result of various factors, including but not limited to those relating to approval of the proposed financing by the U. S. Bankruptcy Court for the District of Delaware and the completion of definitive documentation. As a result, no assurance can be given as to whether or when the proposed financing will be approved or as to the definitive terms thereof.

[tdwzb]

das klingt klasse
mal sehen

FFM ja schon mit fast 100% aufschlag (bei kleinstem volumen)

[hainholz]

ist ja doch wer aufmerksam geworden!
Mist,jetzt krieg ich meinen Rest zu 0,061 nicht mehr

[UH1d]

Waren ja mal an der NYSE gelistet ist aber schon etwas her.
Mal sehen wie morgen die Nachricht aufgenommen wird!
Allen investierten Glück!

[UH1d]

http://de.finance.yahoo.com/q/bc?s=KLU.F&t=5y Da kommen sie her

[hainholz]

go,go

[hainholz]

[hainholz]

[Phantomas23]

test

[Phantomas23]

Wie geht es heute weiter???

[hainholz]

sie steigt

[UH1d]

Form 8-K for KAISER ALUMINUM CORP


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19-Jan-2005

Other Events, Financial Statements and Exhibits



Item 8.01 Other Events
On January 15, 2005, Kaiser Aluminum Corporation (the "Company") issued a press release announcing that it and its wholly owned subsidiary, Kaiser Aluminum & Chemical Corporation ("KACC"), had signed a commitment letter and filed a motion with the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") seeking approval to enter into an agreement with JPMorgan Chase Bank, National Association, J. P. Morgan Securities Inc. and The CIT Group/Business Credit, Inc. (collectively, "the banks") under which the banks would provide a replacement for the Company`s and KACC`s existing Debtor-in-Possession Credit Facility and, separately, a commitment for a multi-year exit financing facility upon the Company`s and KACC`s emergence from Chapter 11. A copy of the press release announcing the signing of the commitment letter and filing of the motion is attached hereto as Exhibit 99.1 and is incorporated herein by reference.





Item 9.01 Financial Statements and Exhibits


Gruß

[hainholz]

nun wieder günstig einsammeln,bis zum nächsten Hype

KZ nach Chapter11 2-3US$

[hainholz]

Kaiser Aluminum Corp. Quick Quote: KLUCQ 0.10 (Even)




Kaiser Aluminum Files Term Sheet Concerning Resolution of Personal Injury Claims
1/28/05

HOUSTON, Jan 28, 2005 (BUSINESS WIRE) --
Kaiser Aluminum has filed with the U.S. Bankruptcy Court for the District of Delaware a term sheet executed on January 26 between Kaiser and other parties concerning the resolution and treatment of personal injury claims and demands within the context of a Plan of Reorganization (POR) that the company expects to file within the next several months.

The term sheet was filed as an attachment to a proposed amendment to Kaiser`s pending Intercompany Settlement Agreement (ISA), which is the subject of Bankruptcy Court hearings scheduled to begin on February 1. As a result of the execution of the term sheet, the proposed amendment, and certain other agreements, all parties either have withdrawn or will withdraw their objections to the ISA.

Parties to the term sheet, in addition to Kaiser, are the Unsecured Creditors Committee, the United Steelworkers of America, the Pension Benefit Guaranty Corporation, the Official Committee for Asbestos Claimants, the Representative for Future Asbestos Claimants, and the Representative for Future Silica and Coal Tar Pitch Volatiles Claimants.

Broadly speaking, the term sheet contains the following elements: -- The company`s POR will provide for the creation of a trust or trusts that will be funded as described and will assume the liability for covered personal injury claims (as defined), with appropriate channeling injunctions pursuant to Sections 524(g) and Section 105 of the Bankruptcy Code to become effective upon confirmation of the POR. -- Covered personal injury claims include asbestos claims and demands, silica claims and demands, coal tar pitch volatiles claims and demands, and noise-induced hearing loss claims. Assets to be contributed to the trust(s) will include: -- Proceeds from future postpetition insurance settlements for covered personal injury claims, through the effective date of the POR, together with the amounts currently held in Court-established escrow accounts; -- Rights to proceeds under certain insurance policies as to covered personal injury claims; -- Assumption by the trust(s) of the responsibility for and right to control litigation and settlement of insurance coverage litigation for covered personal injury claims after consummation of Kaiser`s POR; -- $13 million in cash from the company; -- Distributions in respect of 75% of the prepetition, unsecured intercompany claim held by Kaiser Finance Corporation (KFC) against Kaiser Aluminum & Chemical Corporation (KACC), which shall be in the form of equity of the reorganized Kaiser Aluminum; -- 100% of the stock of a subsidiary of KACC, whose sole asset will be a piece of real property that produces modest rental income.
The term sheet also expressly acknowledges that there are conditions precedent to the POR, including Bankruptcy Court approval of the proposed ISA with the proposed amendment to the ISA, and that there are other terms of the pending POR that have not been agreed upon by certain of the parties. In addition, the proposed amendment to the ISA is subject to approval by the lenders under the company`s current Debtor-in-Possession credit facility.

Kaiser Aluminum (OTCBB:KLUCQ) is a leading producer of fabricated aluminum products and owns interests in alumina and primary aluminum.

Company press releases may contain statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The company cautions that any such forward-looking statements are not guarantees of future performance and involve significant risks and uncertainties, and that actual results may vary materially from those expressed or implied in the forward-looking statements as a result of various factors. Actual events could differ materially from those reflected in the forward-looking statements contained in this press release as a result of various factors, including but not limited to those relating to approval of the Intercompany Settlement Agreement, as amended, by the U. S. Bankruptcy Court for the District of Delaware and approval of the amendment to the Intercompany Settlement Agreement by the lenders under the company`s current debtor-in-possession credit facility. As a result, no assurance can be given as to whether or when the Intercompany Settlement Agreement, as amended, will become effective, as to when Kaiser Aluminum will file a plan of reorganization, or as to the ultimate resolution and treatment of personal injury claims and demands pursuant to the terms of any such plan of reorganization.

SOURCE: Kaiser Aluminum

Kaiser Aluminum, Houston Scott Lamb, 713-332-4751

[UH1d]

Die Nachfrage scheint trotz guter Meldungen nicht zu steigen, aber vielleicht wirds ja noch.
Allen investierten Glück


Kaiser Aluminum Obtains Approval of Intercompany Settlement Agreement
Tuesday February 1, 12:46 pm ET


HOUSTON--(BUSINESS WIRE)--Feb. 1, 2005--Kaiser Aluminum announced that the U.S. Bankruptcy Court for the District of Delaware, in a hearing today, approved the Intercompany Settlement Agreement (ISA).
The ISA, as previously announced, resolves the treatment of intercompany claims among the Kaiser debtor entities arising from pre-petition and post-petition intercompany transactions among the various entities. Additional information in respect of the ISA is included in the company`s Form 10-Q for the period ending Sept. 30, 2004.

"The ISA demonstrates that the company has reached common ground with the vast majority of its significant creditors," said Jack A. Hockema, Kaiser`s president and chief executive officer. "We are gratified that all of the major creditor constituencies were able to come to agreement on these complex issues in a positive and productive way," he said.

"In conjunction with the commitment letter for our new financing arrangement, Court approval of our settlement with the Pension Benefit Guaranty Corporation, and last week`s term sheet addressing the mechanisms for resolving personal injury claims, we believe the company has now passed another major milestone in our path to emergence from Chapter 11," he said.

"We intend to build on the momentum established today and resolve our remaining issues on an expedited basis so that we can file our Plan of Reorganization and Disclosure Statement within the next few months," said Hockema.

Separately, the Court indicated it will hold a hearing to consider approval of Kaiser`s new Debtor-in-Possession and exit financing arrangement on Feb. 8.

Kaiser Aluminum (OTCBB:KLUCQ - News) is a leading producer of fabricated aluminum products and owns interests in alumina and primary aluminum.

Company press releases may contain statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The company cautions that any such forward-looking statements are not guarantees of future performance and involve significant risks and uncertainties, and that actual results may vary materially from those expressed or implied in the forward-looking statements as a result of various factors. Actual events could differ materially from those reflected in the forward-looking statements contained in this press release as a result of various factors including, but not limited to, the actual timing for resolution of remaining issues and the subsequent filing of a Plan of Reorganization and Disclosure Statement.



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[UH1d]

Kaiser Aluminum Obtains Court Approval of New Financing Arrangement
HOUSTON

Kaiser Aluminum, Houston
Scott Lamb, 713-332-4751

Kaiser Aluminum announced that the U.S. Bankruptcy Court for the District of Delaware has approved the company`s previously announced new financing arrangement.

The new financing arrangement is an agreement with JPMorgan Chase Bank, National Association, J.P. Morgan Securities Inc., and The CIT Group/Business Credit Inc., under which Kaiser will be provided with a new $200 million Debtor-in-Possession (DIP) credit facility intended to remain in place until the company`s emergence from Chapter 11. The new financing arrangement also provides a commitment to Kaiser for a multi-year exit financing in the form of a $200 million revolving credit facility and a fully drawn term loan of up to $50 million upon the company`s emergence from Chapter 11.

The company closed on the new DIP credit facility today.

Kaiser President and Chief Executive Officer Jack A. Hockema said, " Approval of the new financing arrangement demonstrates Kaiser`s continuing financial stability, and it is another important step as we prepare to file our formal Plan of Reorganization and Disclosure Statement within the next few months."

Kaiser Aluminum (OTCBB:KLUCQ) is a leading producer of fabricated aluminum products and owns interests in alumina and primary aluminum.

Company press releases may contain statements that constitute " forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The company cautions that any such forward-looking statements are not guarantees of future performance and involve significant risks and uncertainties, and that actual results may vary materially from those expressed or implied in the forward-looking statements as a result of various factors.





Grüße

[hainholz]

immer bedenken:
Kaiser ist keine kleine OTCbb Klitsche auf irgendeinem
Hinterhof.

War vorher im Nasdaq
nur wegen der unglücklichen Umstände durch Chapter 11 im OTCbb Sektor gelandet.
Da sie auf dem Weg sind,sind sie evtl.auch bald wieder an der Nasdaq.

[UH1d]

16-Feb-2005

Entry Material Agreement, Financial Obligation Matter, Other Events, Financi



Item 1.01 Entry into a Material Definitive Agreement
As previously reported, Kaiser Aluminum Corporation (the "Company") and its wholly owned subsidiary, Kaiser Aluminum & Chemical Corporation ("KACC"), signed a commitment letter and filed a motion with the United States Bankruptcy Court for the District of Delaware (the "Court") seeking approval to enter into a new financing agreement (the "New Facility"). Information in respect of the New Facility agreement is included in the Company`s Current Report on Form 8-K dated as of January 14, 2005.

The New Facility, which was approved by the Court, closed on February 11, 2005. A copy of the New Facility agreement is attached hereto as Exhibit 99.1 and is incorporated herein by reference. A copy of the press release issued on February 11, 2005 announcing the Court`s approval and the closing of the New Facility is attached hereto as Exhibit 99.2 and is incorporated herein by reference.

The New Facility provides for a secured, revolving line of credit through the earlier of February 11, 2006, the effective date of a plan of reorganization or voluntary termination by the Company. Under the New Facility, the Company, KACC and certain subsidiaries of KACC are able to borrow amounts by means of revolving credit advances and to have issued letters of credit (up to $60.0 million) in an aggregate amount equal to the lesser of $200.0 million or a borrowing base comprised of eligible accounts receivable, eligible inventory and certain eligible machinery, equipment and real estate, reduced by certain reserves, as defined in the New Facility agreement. The amount available under the New Facility shall be reduced by $20.0 million if net borrowing availability falls below $40.0 million.

The New Facility is secured by substantially all of the assets of the Company, KACC and KACC`s subsidiaries other than certain amounts related to four commodity-related subsidiaries (Alpart Jamaica Inc., Kaiser Jamaica Corporation, Kaiser Alumina Australia Corporation and Kaiser Finance Corporation) whose assets are, subject to approval by the Court of certain liquidating plans of reorganization further described below, expected to be distributed to the creditors of those subsidiaries. KACC and all of KACC`s material domestic subsidiaries, other than the four commodity-related subsidiaries mentioned above, are guarantors of the New Facility.

Amounts owed under the New Facility may be accelerated under various circumstances more fully described in the New Facility agreement, including but not limited to, the failure to make principal or interest payments due under the New Facility, breaches of certain covenants, representations and warranties set forth in the New Facility agreement, and certain events having a material adverse effect on the business, assets, operations or condition of the Company taken as a whole.

The New Facility also places restrictions on the Company`s, KACC`s and KACC`s subsidiaries` ability to, among other things, incur debt, create liens, make investments, pay dividends, sell assets, undertake transactions with affiliates, and enter into unrelated lines of business.

Interest on any outstanding borrowings will bear a spread over either a base rate or LIBOR, at KACC`s option.





Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information provided in Item 1.01 of this Current Report regarding the New Facility is incorporated into this Item 2.03 by reference.





Item 8.01 Other Events
On November 1, 2004, the Company announced that two of its subsidiaries (Alpart Jamaica Corporation and Kaiser Jamaica Corporation - "AJI/KJC") had filed a joint plan of liquidation and a disclosure statement with the Court. On November 16, 2004, the Company announced that two additional subsidiaries (Kaiser Alumina Australia Corporation and Kaiser Finance Corporation - "KAAC/KFC") had filed a joint plan of liquidation and a disclosure statement with



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the Court. Information in respect of the AJI/KJC and KAAC/KFC joint plans of liquidation and disclosure statements is included in the Company`s Current Reports on Form 8-K dated as of October 28, 2004 and November 15, 2004, respectively.

On February 11, 2005, each of AJI/KJC and KAAC/KFC filed amended joint plans of liquidation and amended disclosure statements with the Court. Copies of the amended joint plans of liquidation and amended disclosure statements are attached hereto as Exhibits 99.3, 99.4, 99.5 and 99.6 and are incorporated herein by reference.

Bankruptcy law does not permit solicitation of acceptances of the amended plans until the Court approves the applicable amended disclosure statements relating to the amended plans. Accordingly, this announcement is not intended to be, nor should it be construed as, a solicitation for a vote on the amended plans. The amended plans will become effective if and when they receive the requisite stakeholder approval and are confirmed by the Court. The Company refers to the limitations and qualifications included in the amended disclosure statements. In addition, the Company notes that all information contained in the amended disclosure statements is subject to change, whether as a result of amendments to the amended plans, as a result of the actions of third parties or otherwise.





Item 9.01 Financial Statements and Exhibits
(c) Exhibits

* 99.1 Financing Agreement dated February 11, 2005

* 99.2 Press Release dated February 11, 2005

* 99.3 Amended Joint Plan of Liquidation for Alpart Jamaica Inc. and Kaiser Jamaica Corporation

* 99.4 Disclosure Statement Pursuant to Section 1125 of the Bankruptcy Code with Respect to the Amended Joint Plan of Liquidation for Alpart Jamaica Inc. and Kaiser Jamaica Corporation

* 99.5 Amended Joint Plan of Liquidation for Kaiser Alumina Australia Corporation and Kaiser Finance Corporation

* 99.6 Disclosure Statement Pursuant to Section 1125 of the Bankruptcy Code with Respect to the Amended Joint Plan of Liquidation for Kaiser Alumina Australia Corporation and Kaiser Finance Corporation



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* Included with this filing. Schedules are omitted from the financing agreement filed as Exhibit 99.1; however, the Company will furnish supplementally a copy of any omitted schedule to the Securities and Exchange Commission upon request.

[yoennie]

Hallo,

wie bereits vor ein paar tagen von mir geschrieben arbeite ich seit Jahren in einem Aluminium-Walzwerk in Koblenz. Dieses Werk wurde von Kaiser gebaut und betrieben, bis es 1988 von Hoogovens Steel übernommen wurde. Einige unserer älteren Kollegen kennen die "Kaiser-Zeit" noch gut und berichten nur positiv von den "Amis".

Heute morgen habe ich Kaiser per mail kontaktiert und nachgefragt, wie`s "aussieht" betreffs Restrukturierung etc.
Hier die Antwort:
__________________________________________________________

Juergen:

Thanks for your interest in Kaiser. I worked here in the Houston office with a recently retired gentleman by the name of Joe Bonn, who I believe worked at Koblenz earlier in his career.

Regarding your question about the stock. . .Kaiser believes it is likely that the current common stock will be cancelled when we emerge from Chapter 11. The specific details about what will happen to the common stock (as well
as other liabilities) will be spelled out in the formal Plan of Reorganization, which we expect to file with the Court in a few months.

Regarding your question about the restructuring. . .We believe it will be good in the sense that Kaiser will emerge from Chapter 11 as a stronger company and will continue to operate in the aluminum industry.

Regards,
Scott Lamb
Investor Relations
______________________________________________________

klingt doch ganz gut, nee?

Gruß
Yönnie

[UH1d]

18-Feb-2005

Entry Material Agreement, Change in Directors or Principal Officers, Other E



Item 1.01 Entry into a Material Definitive Agreement
On February 15, 2005, the Compensation Policy Committees (the "Committees") of the Boards of Directors of Kaiser Aluminum Corporation (the "Company") and its wholly owned subsidiary, Kaiser Aluminum & Chemical Corporation ("KACC"), increased the annual base salary of Kerry A. Shiba, Vice President and Chief Financial Officer of the Company and KACC, to $270,000 retroactive to January 1, 2005. The Committees also increased (retroactive to January 1, 2005) Mr. Shiba`s target under KACC`s long-term incentive and short-term incentive programs to $258,000 and $95,000, respectively. The long-term incentive program is a cash-based program under which participants are eligible to receive an award based on the attainment by the Company of sustained cost reductions above a stipulated threshold for the period 2002 through emergence from bankruptcy. The short-term incentive program is a cash-based program under which participants are eligible to receive an award annually based on the Company achieving certain thresholds of adjusted earnings.





Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
On February 15, 2005, James T. Hackett, a director of the Company and KACC, formally notified the Board of Directors of the Company and KACC of his intention to resign his positions as a director of each company as of February 28, 2005. Mr. Hackett`s resignation from each of the Company`s and KACC`s Board of Directors is not because of a disagreement with the Company and/or KACC on any matter relating to the Company`s or KACC`s operations, policies or practices.





Item 8.01 Other Events
On February 11, 2005, the U.S. Bankruptcy Court of the District of Delaware (the "Court") approved an extension of exclusivity for the Company, KACC and all of KACC`s subsidiaries, other than Alpart Jamaica Inc., Kaiser Jamaica Corporation, Kaiser Alumina Australia Corporation and Kaiser Finance Corporation, through June 30, 2005. On the same date, the Court approved an extension of exclusivity for Alpart Jamaica Inc., Kaiser Jamaica Corporation, Kaiser Alumina Australia Corporation and Kaiser Finance Corporation through April 30, 2005.



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[UH1d]

21
jetzt liest es sich besser!
Allen inv Glück und so

[hainholz]

die wird uns noch viel Spaß bringen

[hainholz]

das heißt,neulich hat sie mir schon mal einen schönen Spaß gebracht als sie bis auf 0,25 stieg

[UH1d]

Hallo Herr Hainholz!
Ich hoff das auch aber der Kurs ist wohl festgeschweißt mit soner Art aluminium Elektrode.
Grüße

[hainholz]

naja,die sind aber nicht so hart

[UH1d]

Kaiser ist heute meine einzigste mit der ich im minus
bin.usxp.ob gut, ssty.ob gut,pjtg.ob auch gut und qbid.pk ebenso
Ich denk dat wird noch in den nächsten wochen!
Grüße

[hainholz]

es geht weiter auf dem Weg aus Capter 11


Kaiser Aluminum Corp. Schneller Anführungsstrich: KLUCQ 0.09 (Gleichmäßig) Kaiser Aluminium erreicht Gericht-Zustimmung der Freigabe Aussagen für Tonerde-Tochtergesellschaften 2/23/05 HOUSTON, Feb 23, 2005 (GESCHÄFT LEITUNG) -- Kaiser Aluminium verkündete, daß, wenn etwas erklärende Änderungen heute an einer verkündet sind Hörfähigkeit das VEREINIGTE STAATEN Konkursgericht für den Bezirk von Delaware die geänderten Freigabe Aussagen für zwei verschiedene liquidierende Pläne in bezug auf die Tochtergesellschaften genehmigt hat, durch die die Firma bestimmte Tonerdebetriebe in Jamaika und in Australien geleitet hat. Die Firma erwartet, geänderte Pläne und die Freigabe Aussagen einzuordnen, die diese Änderungen innerhalb der nächsten Tage enthalten. Keine der Änderungen wird erwartet, um irgendwelche der vorgeschlagenen Verteilungen zu beeinflussen, die vorher in den vorherigen eingeordneten Dokumenten enthalten werden. Das erste ist für den liquidierenden Plan in bezug auf Alpart Jamaica Inc. (AJI) und Kaiser Jamaica Corporation (KJC), durch die die Tochtergesellschaften Kaiser Aluminum & Chemical Corporation (KACC) seine Interessen an den Tonerde-Partnern von Jamaika (Alpart) besaß, eine Teilhaberschaft, die eine Bauxitbergbaubetrieb und -tonerderaffinerie besitzt und laufen läßt, die in Jamaika gelegen ist. Wie vorher verkündet, verkauften AJI und KJC ihre Interessen an Alpart an Juli 1, 2004. Die zweite Freigabe Aussage ist für den liquidierenden Plan in bezug auf Kaiser Alumina Australia Corporation (KAAC) und Kaiser Finance Corporation (KFC). Eine insgesamt besessene Tochtergesellschaft von KACC, KAAC besitzt ein 20% Interesse an der begrenzten Queensland Tonerde (QAL), die eine Tonerderaffinerie besitzt und laufen läßt, die in Australien gelegen ist. KACC und KAAC erwarten, auf dem Verkauf ihrer Interessen an QAL zu Rusal um das Ende des ersten Viertels zu schließen oder früh am zweiten Viertel von 2005. KFC ist eine insgesamt besessene Tochtergesellschaft von KAAC. Seine Primärwerte sind KACC`s andere Tochtergesellschaften intercompany Darlehen zu KACC und sicher. Zustimmung dieser Freigabe Aussagen kennzeichnet den Punkt, von dem Marketing und das Wählen auf den liquidierenden Plänen anfangen können. Das Gericht hat eine Hörfähigkeit festgelegt, um an April 13 anzufangen, confirmation/approval der zwei liquidierenden Pläne zu betrachten. Separat hat das Gericht eine Verlängerung die Periode von Exklusivität durch April 30 für AJI, KJC, KAAC und KFC -- und durch Juni 30 für KACC und die restlichen Kaiser Wesen genehmigt. Kaiser Aluminium (OTCBB:KLUCQ) ist ein führender Produzent der fabrizierten Aluminiumprodukte und besitzt Interessen an der Tonerde und am Primäraluminium. Firmapressekommuniquã©s können Aussagen enthalten, die "das Vorwärts-Schauen von von Aussagen" innerhalb der Bedeutung der privaten Sicherheiten Rechtsstreit-Verbesserung-Tat von 1995 festsetzen. Die Firma warnt, daß irgend solche Vorwärts-schauende Aussagen nicht Garantien der zukünftigen Leistung sind und bedeutende Gefahren und Ungewißheiten miteinbeziehen und daß tatsächliche Resultate von denen materiell schwanken können, die in den Vorwärts-schauenden Aussagen resultierend aus verschiedenen Faktoren ausgedrückt werden oder angedeutet sind. QUELLE: Kaiser Aluminium Kaiser Aluminium, Houston Scott Lamm, 713-332-4751 Geschäft Leitung 2005 Des Copyright-(c). Alle Rechte vorbehalten. © Stockgroup 2005 Media Inc. | Verzicht KLUCQ Gibt SHfn Frei Kaiser Aluminium erreicht Gericht-Zustimmung der Freigabe Aussagen für Tonerde-Tochtergesellschaften Kaiser Aluminium erreicht Gericht-Zustimmung der neuen Finanzierung Anordnung Kaiser Aluminium erreicht Zustimmung des Intercompany Abfindungsvertrages Kaiser Aluminium ordnet die Konditionenvereinbarung hinsichtlich ist der Auflösung der Personenschäden-Ansprüche ein Kaiser Aluminium ordnet die Gericht-Bewegung betreffend ist Zusageschreiben für neue Finanzierung Anordnung ein Technisches Handelndes Tagebuch

[UH1d]

[UH1d]

Muß ja denn bald was kommen!
Grüße


The company expects to file amended plans and disclosure statements containing these modifications within the next few days. None of the modifications is expected to affect any of the proposed distributions previously contained in the prior filed documents.

[hainholz]

wird auch und daher noch ein paar günstig einsammeln.

[UH1d]

Unsere Alu Rakete läßt sich Zeit mit dem Start!
Grüße

[UH1d]

Wenigstens ein bißchen mehr Volumen heute!
Ich denk heute kommt noch was
Grüße

[yoennie]

Volumen gestern ja ganz ordentlich.

Was mir Sorgen bereitet sind immer wieder die 5k-Pakete! Erinnert mich doch stark an USXP, wäre ein Hammer!

Ich denke, nach den ersten Quartalszahlen kommt "Licht" in die Sache. Hier muß sich zeigen, inwieweit die eingeleiteten Maßnahmen fruchten.

Ich für meinen Teil bin optimistisch ...

[UH1d]

In Frankfurt hat einer gut zugeschlagen!
Wann kommen Quartalszahlen?
Grüße

[UH1d]

Wenig Umsatz schönes Plus!
Dat wird schon!
Gruß

[hainholz]

Geschäft läuft bestens bei den rohstoffpreisen und Kapitalzusagen liegen auch vor,also wenn das hier bei verlassen von Chapter 11 nicht ab geht,dann weiß ich nicht.

[UH1d]

So kann es weitergehen!
Nacht auch

[UH1d]

HOUSTON--(BUSINESS WIRE)--Feb. 23, 2005--Kaiser Aluminum announced that, with some.......


The company expects to file amended plans and disclosure statements containing these modifications within the next few days.

Wann ist denn das nur?
Grüße

[UH1d]

Feiern Amis Ostern?
Wird gehandelt?
Grüße

[yoennie]

Hi UH1d,

es wird gehandelt ;-))

Gruß

[UH1d]

Danke!

Frohe Ostern

[hainholz]

März 21, 2005 Monatsupdate zu den Kunden, zu den Angestellten, zu den Lieferanten und zu den Freunden des Kaiser Aluminiums: In der Heutigen Hörfähigkeit Keine substantivischen Nachrichten tauchten von der heutigen Hörfähigkeit auf, weil die Tagesordnung auf eine Anzahl von ziemlich technischen oder schmal definierten Rechtssachen begrenzt wurde. Wir erwarten die folgende Hörfähigkeit - an April 13 - um vom allgemeineren Interesse zu sein. Das ist, wenn das Gericht Zustimmung der liquidierenden Pläne für vier Gebrauchsgut-in Verbindung stehende Tochtergesellschaften in Zusammenhang mit dem Verkauf unserer Interessen an Jamaika und an Australien betrachtet. Positive Nationale Verkäufe Sitzung Letzte Woche, hielt die Firma seine nationale Verkäufe Sitzung ab, die die meisten unseren Verkäufe reps, Betriebsleitern, Unternehmenseinheitführern und Schlüsselbelegschaft für ein sehr produktives einige Tage zusammenbrachte. Ich freue mich, zu berichten, daß dieses eine der positivsten Sitzungen war, die ich mich in den letzten Jahren gesorgt habe. Die zusammengebaute Mannschaft stellte einen eindrucksvollen Querschnitt der reifen Kaiser Veterane sowie eine enthusiastische und kenntnisreiche Gruppe neuere Angestellte - alle von dar, wem Anteil der gleiche Antrieb, zum von von Kaiser zu seinem vollen Potential zu drücken. Als Gruppe wiederholten wir eine Anzahl von Schlüsselthemen, einschließlich unsere korporative Strategie, um der bevorzugte Lieferant des Aluminiumblattes, der Platte, der Strangpresßlinge, des Schlauches und der Schmieden für die folgenden Anwendungen zu sein: Luftfahrt- und hochfeste allgemeine Technik-kundenspezifische Automobilindustrieprodukte in den verschiedenen Ausbruchlernabschnitten, in unseren Verkäufen und in funktionierenden Völkern besprachen taktische Ausgaben und wiederholten eine Vielzahl von Gelegenheiten, zusätzlichen Wert für unsere Kunden zu erzeugen. Nachdem ich die Energie, die Widmung und den Beweggrund dieser Gruppe gezeugt hatte, kam ich weg von den Sitzungen, die über die Zukunft des Kaiser Aluminiums optimistischer als überhaupt sind. Liquidität Die Liquidität -, die als Bargeld definiert wird und Verwendbarkeit geborgt ist - ist fortgefahren, unter unserem neuen BAD ausreichend zu sein. Unsere borgende Verwendbarkeit ist verhältnismäßig unverändert und fährt fort, mehr als $100 Million zu sein. Jack A. Hockema Präsident und Generaldirektor

[hainholz]

so kann Kaiser auch mal da stehen

[UH1d]

Wann kommen denn mal wieder Quartalszahlen?

Grüße

[UH1d]

March 31, 2005 07:20 PM Berlin Timezone

Kaiser Aluminum Reports Results for Fourth Quarter, Full Year of 2004

FOOTHILL RANCH, Calif.--(BUSINESS WIRE)--March 31, 2005--Kaiser Aluminum today reported a net loss of $637.5 million, or $8.01 per share, for the fourth quarter of 2004, compared to a net loss of $573.2 million, or $7.16 per share, for the fourth quarter of 2003. For the full year 2004, Kaiser`s net loss was $746.8 million, or $9.36 per share, compared to a net loss of $788.3 million, or $9.83 per share, for 2003.


The 2004 results include a non-cash pre-tax operating charge of $793.2 million -- including a fourth-quarter charge of $638.5 million -- nearly all of which is related to resolution of various matters in the company`s Chapter 11 case, specifically the termination of the company`s pension and post-retirement benefit plans and a related settlement with the United Steelworkers of America. Results for the 2003 periods also include special items and charges, as detailed in the accompanying tables.

Net sales in the fourth quarter and full year of 2004 were $257.7 million and $942.4 million, compared to $183.3 million and $710.2 million for the same periods of 2003.

Kaiser President and Chief Executive Officer Jack A. Hockema said, "Separate and apart from the required non-cash accounting charges -- nearly all of which are associated with incremental progress in the resolution of various matters in our Chapter 11 case -- we were pleased with the operating performance of our fabricated products operations in 2004. In particular, operating income for this business increased sharply compared to the operating loss of 2003. The year-over-year improvement was due primarily to improved demand, which resulted in increases in shipments and higher average realized prices. Similarly, the operating results for fabricated products in the fourth quarter of 2004 improved dramatically from those of the year-ago quarter. Shipments were especially strong in the fourth quarter of 2004, particularly for aerospace and automotive products. The quarter-over-quarter increase in average realized prices was partially attributable to product mix, with individual product lines displaying varying levels of recovery from their recessionary lows of the past several years."

Hockema said, "The company is making steady progress in resolving our remaining Chapter 11 issues, and we expect that Kaiser will emerge from Chapter 11 in the second half of 2005."

Kaiser Aluminum (OTCBB:KLUCQ) is a leading producer of fabricated aluminum products for aerospace and high-strength, general engineering, automotive, and custom industrial applications.

Company press releases may contain statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The company cautions that any such forward-looking statements are not guarantees of future performance and involve significant risks and uncertainties, and that actual results may vary materially from those expressed or implied in the forward-looking statements as a result of various factors.

Statements of Consolidated Income (Loss), Selected Operational and Financial Information, and Condensed Consolidated Balance Sheets Follow


KAISER ALUMINUM CORPORATION AND SUBSIDIARY COMPANIES
(Debtor-in-Possession)

STATEMENTS OF CONSOLIDATED INCOME (LOSS)
(Unaudited)
(In millions of dollars, except share and per share amounts)

Quarter Ended Year Ended
December 31, December 31,
------------------- --------------------
2004 2003 2004 2003
-------- --------- --------- ----------
Net sales $257.7 $183.3 $942.4 $710.2
-------- --------- --------- ----------

Costs and expenses:
Cost of products sold 232.2 182.9 852.2 681.2
Depreciation and
amortization 5.4 5.5 22.3 25.7
Selling, administrative,
research and development,
and general 24.0 18.3 92.3 92.5
Other operating charges
(benefits), net(1) 638.5 136.9 793.2 141.6
-------- --------- --------- ----------
Total costs and expenses 900.1 343.6 1,760.0 941.0
-------- --------- --------- ----------

Operating loss (642.4) (160.3) (817.6) (230.8)


Other income (expense):
Interest expense (excluding
unrecorded contractual
interest expense of $23.7
for both quarters and $95.0
for both years) (3.0) (2.0) (9.5) (9.1)
Reorganization items (10.1) (6.8) (39.0) (27.0)
Other - net(2) (1.1) 1.9 4.2 (5.2)
-------- --------- --------- ----------

Loss before income taxes and
discontinued operations (656.6) (167.2) (861.9) (272.1)
(Provision) benefit for income
taxes(3) (.9) 1.2 (6.2) (1.5)
-------- --------- --------- ----------

Loss from continuing
operations (657.5) (166.0) (868.1) (273.6)
-------- --------- --------- ----------
Discontinued operations: (4)
Income (loss) from
discontinued operations,
net of income taxes,
including minority
interests 20.0 (407.2) (5.3) (514.7)
Gain from sale of commodity
interests -- -- 126.6 --
-------- --------- --------- ----------
Income (loss) from
discontinued operations 20.0 (407.2) 121.3 (514.7)
-------- --------- --------- ----------
Net loss $(637.5) $(573.2) $(746.8) $(788.3)
======== ========= ====================

Income (loss) per share-
Basic/Diluted: (5)
Loss from continuing
operations $(8.25) $(2.07) $(10.88) $(3.41)
======== ========= ========= ==========
Income (loss) from
discontinued operations $.25 $(5.09) $1.52 $(6.42)
======== ========= ========= ==========
Net loss $(8.00) $(7.16) $(9.36) $(9.83)
======== ========= ========= ==========
Weighted average shares
outstanding (000)5)
Basic/Diluted 79,686 80,043 79,815 80,175


(1) The income (loss) impact associated with other operating (charges)
benefits, net, after deducting other operating (charges) benefits,
net related to discontinued operations, for the quarters and years
ended December 31, 2004 and 2003, was as follows (the business
segment to which the item is applicable is indicated):

Quarter Ended Year Ended
December 31, December 31,
------------------- --------------------
2004 2003 2004 2003
--------- --------- --------- ----------
Pension charges related to
terminated pension plans -
Corporate $(154.5) $(121.2) $(310.0) $(121.2)
Charge related to settlement
with United Steelworkers of
America unfair labor practice
allegations - Corporate (175.0) -- (175.0) --
Settlement charge related to
termination of post-
retirement medical benefit
plans - Corporate (312.5) -- (312.5) --
Hearing Loss claims -
Corporate -- (15.8) -- (15.8)
Environmental multi-site
settlement - Corporate -- -- -- (15.7)
Gain on sale of equipment, net
- Fabricated Products -- -- 3.9
Gain on sale of Tacoma
facility - Primary Aluminum -- -- -- 9.5
Restructured transmission
service agreement - Primary
Aluminum -- -- -- (3.2)
Other 3.5 0.1 4.3 .9
--------- --------- --------- ----------
$(638.5) $(136.9) $(793.2) $(141.6)
========= ========= ========= ==========

(2) Other income (expense) for the year ended December 31, 2004
includes a gain of approximately $6.3 which resulted from the
settlement of outstanding obligations of a former affiliate. Other
income (expense) for the year ended December 31, 2003, included
adjustments to the environmental liabilities of approximately
$7.5.

(3) The income tax (provision) benefit for the quarters and years
periods ended December 31, 2004 and 2003, relates primarily to
foreign income taxes. For the quarters and years ended December
31, 2004 and 2003, as a result of the Cases, the Company did not
recognize any U.S. income tax benefits for the losses incurred
from its domestic operations (including temporary differences) or
any U.S. tax benefit for foreign income taxes. Instead, the
increases in federal and state deferred tax assets as a result of
the additional net operating losses and foreign tax credits
generated in 2004 and 2003 were fully offset by increases in the
valuation allowances.

(4) The Company has sold its interests in and related to Alpart,
Gramercy/KJBC, Valco and the Mead Facility. The Company expects to
complete the sale of its interests in and related to QAL in April
2005. A net gain in excess of $300.0 is expected to result from
the sale. In accordance with Generally Accepted Accounting
Principles, the operating results of these interests are reported
as Discontinued operations. Additional information with regard to
Discontinued operations is included in Note 3 of Notes to
Consolidated Financial Statements in the Company`s Annual Report
on Form 10-K for the year ended December 31, 2004.

(5) Income (loss) per share may not be meaningful, because as a part
of a plan of reorganization, it is likely the interests of the
Company`s existing stockholders will be cancelled without
consideration. See Note 2 of Notes to Consolidated Financial
Statements in the Company`s Annual Report on Form 10-K for the
year ended December 31, 2004.


KAISER ALUMINUM CORPORATION AND SUBSIDIARY COMPANIES
(Debtor-in-Possession)

SELECTED OPERATIONAL AND FINANCIAL INFORMATION(1)
(Unaudited)
(In millions of dollars, except shipments and prices)


Quarter Ended Year Ended
December 31, December 31,
------------------- -------------------
2004 2003 2004 2003
--------- --------- --------- ---------
Shipments (mm lbs)
Fabricated Products 117.6 96.6 458.6 372.3
Primary Aluminum 39.1 38.7 156.6 158.7
--------- --------- --------- ---------
156.7 135.3 615.2 531.0
========= ========= ========= =========

Average Realized Third-Party
Sales Price (per pound):
Fabricated Products(2) $1.89 $1.60 $1.76 $1.61
Primary Aluminum $.92 $.75 $.85 $.71

Net Sales:
Fabricated Products $221.9 $154.4 $809.3 $597.8
Primary Aluminum 35.8 28.9 133.1 112.4
--------- --------- --------- ---------
Total Net Sales $257.7 $183.3 $942.4 $710.2
========= ========= ========= =========

Segment Operating Income
(Loss) - (3)
Fabricated Products(4) $11.8 $(10.2) $33.0 $(21.2)
Primary Aluminum 2.1 2.5 13.9 6.7
Corporate and Other (17.8) (15.7) (71.3) (74.7)
Other Operating (Charges)
Benefits, Net (638.5) (136.9) (793.2) (141.6)
--------- --------- --------- ---------
Total Operating Loss $(642.4) $(160.3) $(817.6) $(230.8)
========= ========= ========= =========
Discontinued operations $20.0 $(407.2) $121.3 $(514.7)
========= ========= ========= =========
Net Loss $(637.5) $(573.2) $(746.8) $(788.3)
========= ========= ========= =========
Capital expenditures
(excluding discontinued
operations) $3.1 $2.7 $7.6 $8.9
========= ========= ========= =========

(1) The Company has sold its interests in and related to Alpart,
Gramercy/KJBC, Valco and the Mead Facility. The Company expects to
complete the sale of its interests in and related to QAL in April
2005. A net gain in excess of $300.0 is expected to result from
the sale. In accordance with Generally Accepted Accounting
Principles, the operating results of these interests are reported
as Discontinued operations. Additional information with regard to
Discontinued operations is included in Note 3 of Notes to
Consolidated Financial Statements in the Company`s Annual Report
on Form 10-K for the year ended December 31, 2004.

(2) Average realized prices for the Company`s Fabricated products
business unit are subject to fluctuations due to changes in
product mix as well as underlying primary aluminum prices and is
not necessarily indicative of changes in underlying profitability.

(3) The Company has changed its segment presentation in 2004 to
eliminate the "Eliminations" segment as the primary purpose for
such segment was to eliminate the intercompany profit on sales by
the Primary aluminum and Bauxite and alumina business units,
substantially all of which are now considered Discontinued
operations. Eliminations not representing Discontinued operations
are now included in segment results. See Note 15 of Notes to
Consolidated Financial Statements in the Company`s Annual Report
on Form 10-K for the year ended December 31, 2004 for additional
information with regard to segment information.

(4) Operating results for the quarter and year ended December 31, 2004
include LIFO inventory charges of $12.1. Operating results for the
quarter and year ended December 31, 2003 include LIFO inventory
charges of $3.2.


KAISER ALUMINUM CORPORATION AND SUBSIDIARY COMPANIES
(Debtor-in-Possession)

CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited)
(In millions of dollars)

December 31, December 31,
2004 2003
-------------- --------------
Assets(1)(2)

Current assets(3) $291.3 $232.3
Discontinued operations` current
assets(2) 30.6 193.7
Investments in and advances to
unconsolidated affiliate 16.7 13.1
Property, plant, and equipment - net 214.6 230.1
Restricted proceeds from sale of
commodity interests 280.8 -
Personal injury-related insurance
recoveries receivable 967.0 465.4
Other assets 42.5 55.1
Discontinued operations` long-term
assets(2) 38.9 433.8
-------------- --------------
Total $1,882.4 $1,623.5
============== ==============

Liabilities & Stockholders` Equity (Deficit)(1)(2)

Liabilities not subject to compromise -
Current liabilities(4) $191.2 $143.6
Discontinued operations` current
liabilities(2) 57.7 177.5
Long-term liabilities 32.9 59.4
Long-term debt 2.8 2.2
Discontinued operations` long-term
liabilities, including minority
interests in 2003(2) 26.4 208.7
Liabilities subject to compromise 3,954.9 2,770.1
Minority interests .7 .7
Commitments and contingencies
Stockholders` equity (deficit) (2,384.2) (1,738.7)
-------------- --------------
Total $1,882.4 $1,623.5
============== ==============

(1) The Company and 25 of its subsidiaries have filed petitions for
reorganization under Chapter 11 of the United States Federal Code.
The balance sheet as of December 31, 2004, has been prepared on a
"going concern" basis, which contemplates the realization of
assets and liquidation of liabilities in the ordinary course of
business; however, as a result of the Chapter 11 filings, such
realization of assets and liquidation of liabilities are subject
to a significant number of uncertainties. Specifically, but not
all inclusive, the balance sheet does not present: (a) the
realizable value of assets on a liquidation basis or the
availability of such assets to satisfy liabilities, (b) the amount
which will ultimately be paid to settle liabilities and
contingencies which may be allowed or (c) the effect of any
changes which may be made in connection with the Company`s
capitalization or operations resulting from a plan of
reorganization.

Upon emergence from the Chapter 11 proceedings, the Company
expects to apply "fresh start" accounting to its consolidated
financial statements as required by AICPA Statement of Position
90-7, Financial Reporting by Entities in Reorganization Under the
Bankruptcy Code. As such, the Company will restate its balance
sheet to equal the reorganization value as determined in its
plan(s) of reorganization and approved by the Court. Because fresh
start accounting will be adopted at emergence, and because of the
significance of liabilities subject to compromise (that will be
relieved upon emergence), comparisons between the current
historical financial statements and the financial statements upon
emergence may be difficult to make.

See Note 1 of Notes to Consolidated Financial Statements of the
Company`s Annual Report on Form 10-K for the year ended December
31, 2004 for additional information regarding the Company`s
Chapter 11 proceedings.

(2) The Company has sold its interests in and related to Alpart,
Gramercy/KJBC, Valco and the Mead Facility. The Company expects to
complete the sale of its interests in and related to QAL in April
2005. A net gain in excess of $300.0 is expected to result from
the sale. In accordance with Generally Accepted Accounting
Principles, the assets and liabilities of these interests have
been reported as Discontinued operations. Additional information
with regard to Discontinued operations is included in Note 3 of
Notes to Consolidated Statements in the Company`s Annual Report on
Form 10-K for the year ended December 31, 2004.

(3) Includes Cash and cash equivalents of $55.4 and $35.5 at December
31, 2004 and December 31, 2003, respectively.

(4) Includes Current portion of long-term debt of $1.2 and $1.3 at
December 31, 2004 and December 31, 2003, respectively. On February
11, 2005, the Company entered into a new financing agreement (the
"DIP Facility") which replaced the existing post-petition credit
agreement (the "Replaced Facility"). As of February 28, 2005,
there were no outstanding borrowings under the DIP Facility. While
there were only $1.8 of letters of credit outstanding under the
DIP Facility at February 28, 2005, there were approximately $15.9
of outstanding letters of credit that had been issued under the
Replaced Facility for which the Company had deposited cash of
$16.7 as collateral. The outstanding letters of credit under the
Replaced Facility are expected to be replaced with letters of
credit issued under the DIP Facility, at which time, the
applicable cash deposit will be refunded to the Company. See Note
7 of Notes to Consolidated Financial Statements in the Company`s
Annual Report on Form 10-K for the year ended December 31, 2004
for additional information with regard to the DIP Facility.

[hainholz]

das sieht doch gut aus

[UH1d]

UPDATE 1-Kaiser Aluminum loss widens on bankruptcy costs
Thu Mar 31, 2005 02:39 PM ET
(Adds details)
NEW YORK, March 31 (Reuters) - Kaiser Aluminum Corp. (KLUCQ.OB: Quote, Profile, Research) , which is under bankruptcy protection, said on Thursday that its quarterly loss widened on charges related to its Chapter 11 proceedings.

The Foothill Ranch, California-based company also pushed back its target to emerge from Chapter 11, saying it now hoped to do so in the second half of this year. Last November, Kaiser had said it expected to complete the bankruptcy proceedings in the first half of 2005.

"The company is making steady progress in resolving our remaining Chapter 11 issues, and we expect that Kaiser will emerge from Chapter 11 in the second half of 2005," President and Chief Executive Officer Jack Hockema said in a statement.

Kaiser posted a loss of $637.5 million, or $8.01 a share, in the fourth quarter, compared with a loss of $573.2 million, or $7.16 a share, a year earlier.

However, sales in the quarter rose, to $257.7 million from $183.3 million last year, especially in Kaiser`s fabricated products unit. The improvement was due primarily to a boost in demand, which resulted in increases in shipments and higher average realized prices, the company said.

The 2004 results include $793.2 million in charges, mostly related to Kaiser`s bankruptcy and specifically the termination of pension and post-retirement benefit plans and a related settlement with the United Steelworkers of America.

[UH1d]

ress Release Source: Kaiser Aluminum

Kaiser Aluminum Completes Sale of Interests in QAL
Friday April 1, 12:24 pm ET

FOOTHILL RANCH, Calif.--(BUSINESS WIRE)--April 1, 2005--Kaiser Aluminum said it has completed the previously announced sale of its 20% interest in and related to Queensland Alumina Limited (QAL), which owns and operates an alumina refinery in Australia, to Rusal for $401 million in cash, subject to certain working capital adjustments, plus Rusal`s purchase of Kaiser`s alumina and bauxite inventories and the assumption of Kaiser`s obligations in respect of approximately $60 million of QAL debt. Kaiser also transferred its existing alumina sales contracts and other agreements relating to QAL to Rusal.

As previously disclosed, the vast majority of the value realized in respect of the company`s interests in and related to QAL is likely to be for the benefit of holders of Kaiser`s publicly traded notes and the Pension Benefit Guaranty Corporation.

Kaiser`s Form 10-K for 2004 provides additional detail on the transaction.

Kaiser Aluminum (OTCBB:KLUCQ - News) is a leading producer of fabricated aluminum products for aerospace and high-strength, general engineering, automotive, and custom industrial applications.

Company press releases may contain statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The company cautions that any such forward-looking statements are not guarantees of future performance and involve significant risks and uncertainties, and that actual results may vary materially from those expressed or implied in the forward-looking statements as a result of various factors.
Contact:

[UH1d]

Form 8-K for KAISER ALUMINUM CORP


--------------------------------------------------------------------------------

7-Apr-2005

Change in Assets, Financial Statements and Exhibits



Item 2.01 Completion of Acquisition or Disposition of Assets
On April 1, 2005, Kaiser Aluminum & Chemical Corporation ("KACC"), a wholly owned subsidiary of Kaiser Aluminum Corporation (the "Company"), and one of KACC`s subsidiaries, Kaiser Alumina Australia Corporation ("KAAC"), completed the previously announced sale of their interests in and related to Queensland Alumina Limited ("QAL") to Alumina & Bauxite Company Ltd., an affiliate of Rusal, for a base price of approximately $401.0 million, plus the assumption of KACC`s obligations in respect of $60.0 million of QAL debt. Information regarding QAL and the arms-length process that led to the sale of Company`s interests in and related to QAL is included in the Company`s Annual Report on Form 10-K for the year ended December 31, 2004.

The Company and its affiliates engage in commercial transactions with Rusal and its affiliates in the ordinary course of business.

The Company issued a press release regarding the transaction in the form attached hereto as Exhibit 99.1, which press release is incorporated herein by reference.





Item 9.01 Financial Statements and Exhibits
( b ) Pro forma financial information
* Unaudited Pro Forma Consolidated Balance Sheet as of December 31, 2004
* Notes to Unaudited Pro Forma Consolidated Balance Sheet ( c ) Exhibits

** 2.1 Purchase Agreement, dated as of October 28, 2004 among KACC,
KAAC and Alumina & Bauxite Company, Ltd. (incorporated by
reference from Exhibit 2.5 to Quarterly Report on Form 10-Q for
the period ended September 30, 2004).
* 99.1 Press Release dated April 1, 2005






--------------------------------------------------------------------------------

* Included with this filing. Schedules are omitted from the purchase agreement filed as Exhibit 2.1; however, the Company will furnish supplementally a copy of any omitted schedule to the Securities and Exchange Commission upon request.
** Schedules are omitted from the purchase agreement filed as Exhibit 2.1; however, the Company will furnish supplementally a copy of any omitted schedule to the Securities and Exchange Commission upon request.

[hainholz]

Die Neuigkeiten schlagen durch

+ 19,72 %%%%%%%%%%%

[UH1d]

Press Release Source: Kaiser Aluminum

Kaiser Aluminum Notified of Voting Results for Liquidating Plans in Connection with Sale of Interests in and Related to Alumina Refineries in Jamaica and Australia
Friday April 8, 9:13 pm ET
Related Hearing Begins on April 13

FOOTHILL RANCH, Calif.--(BUSINESS WIRE)--April 8, 2005-- Kaiser Aluminum has been notified that Logan & Company, the claims agent in Kaiser`s Chapter 11 case, has filed a report with the U.S. Bankruptcy Court for the District of Delaware indicating that a sufficient volume of creditors (in number and amount) have voted to accept the two Liquidating Plans (as defined in Kaiser`s Form 10-K for 2004) filed in conjunction with the previously announced sale of Kaiser`s interests in and related to alumina refineries in Jamaica and Australia, to permit confirmation of the Plans to proceed.

Kaiser`s Form 10-K for 2004 provides additional detail on the Liquidating Plans and the proposed distribution of cash proceeds in connection with the Plans. In addition, the Plans and related Disclosure Statements are posted in the Restructuring section of Kaiser`s web site at www.kaiseraluminum.com.

The filing by Logan & Company also indicates that holders of the company`s 12-3/4% Senior Subordinated Notes, as a group, voted not to accept the Plans. Accordingly, as discussed more fully in the company`s Form 10-K and the Disclosure Statements related to the Plans, the Court will determine the allocation of distributions among holders of the company`s 9-7/8% Senior Notes, 10-7/8% Senior Notes, and the 12-3/4% Senior Subordinated Notes.

Certain technical objections to the Plans have also been filed. The Court will hold a hearing beginning on April 13 to hear and rule on the plan objections and the allocation of distributions among holders of the company`s 9-7/8% Senior Notes, 10-7/8% Senior Notes, and the 12-3/4% Senior Subordinated Notes.

The Court`s decisions regarding confirmation will be subject to appeal. No assurances can be provided as to whether or when the Liquidating Plans will be confirmed by the Court or ultimately consummated or, if confirmed and consummated, as to the amount of distributions to be made to individual creditors of the liquidating subsidiaries or the company. Further, the company cannot predict what the ultimate allocation of distributions among holders of the company`s 9-7/8% Senior Notes, 10-7/8% Senior Notes, and the 12-3/4% Senior Subordinated Notes will be, when any such resolution will occur, or what impact any such resolution may have on the company and its ongoing reorganization efforts.

The Liquidating Plans relate exclusively to the interests in and related to alumina refineries in Jamaica and Australia and will have no impact on the normal ongoing fabricated products business unit or other continuing operations.

Kaiser Aluminum (OTCBB:KLUCQ - News) is a leading producer of fabricated aluminum products for aerospace and high-strength, general engineering, automotive, and custom industrial applications.

Company press releases may contain statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The company cautions that any such forward-looking statements are not guarantees of future performance and involve significant risks and uncertainties, and that actual results may vary materially from those expressed or implied in the forward-looking statements as a result of various factors.
Contact:

Kaiser Aluminum, Houston
Scott Lamb, 713-332-4751

[UH1d]

Form 8-K for KAISER ALUMINUM CORP


--------------------------------------------------------------------------------

11-Apr-2005

Other Events, Financial Statements and Exhibits



Item 8.01 Other Events
On April 8, 2005, Kaiser Aluminum Corporation (the "Company") was notified that Logan & Company ("Logan"), the claims agent in the Company`s ongoing Chapter 11 reorganization proceedings, had filed a report with the United States Bankruptcy Court for the District of Delaware (the "Court") indicating that a sufficient volume of creditors of four commodity-related subsidiaries had voted to accept their respective joint plans of liquidation (collectively, the "Liquidating Plans"). This will permit confirmation of the Liquidating Plans to proceed. The affected subsidiaries are Kaiser Alumina Australia Corporation ("KAAC"), Kaiser Finance Corporation ("KFC), Alpart Jamaica Inc. ("AJI") and Kaiser Jamaica Corporation ("KJC"). Additional discussion regarding the Liquidating Plans of KAAC/KFC and AJI/KJC is included in the Company`s Annual Report on Form 10-K for the year ended December 31, 2004.

The filing by Logan also indicated that holders of the Kaiser Aluminum & Chemical Corporation`s ("KACC`s") 12-¾% Senior Subordinated Notes (the "Sub Notes"), as a group, voted not to accept the Liquidating Plans. Accordingly, as discussed more fully in the Company`s Annual Report on Form 10-K, the Court will determine the allocation of distributions among holders of the KACC`s 9-% Senior Notes, 10-% Senior Notes (together the "Senior Notes"), and the Sub Notes. Certain technical objections to the Liquidating Plans also have been filed. The Court will hold a hearing beginning on April 13 to hear and rule on the plan objections and the allocation of distributions among holders of the Senior Notes and the Sub Notes.

The Court`s decisions regarding confirmation will be subject to appeal. No assurances can be provided as to whether or when the Liquidating Plans will be confirmed by the Court or ultimately consummated or, if confirmed and consummated, as to the amount of distributions to be made to individual creditors of the liquidating subsidiaries or the Company. Further, the Company cannot predict what the ultimate allocation of distributions among holders of the Senior Notes and the Sub Notes will be, when any such resolution will occur, or what impact any such resolution may have on the Company and its ongoing reorganization efforts.

The Liquidating Plans relate exclusively to the interests in and related to alumina refineries in Jamaica and Australia and will have no impact on the normal ongoing fabricated products business unit or other continuing operations.

The Company issued a press release regarding Logan`s report in the form attached hereto as Exhibit 99.1, which press release is incorporated herein by reference.





Item 9.01Financial Statements and Exhibits
(c) Exhibits

[yoennie]

Kaiser Aluminum Comment on Today`s Bankruptcy Court Hearing
FOOTHILL RANCH, Calif.

Kaiser Aluminum, Houston
Scott Lamb, 713-332-4751

Kaiser Aluminum said that today`s hearing before the U.S. Bankruptcy Court for the District of Delaware was not completed. Today`s hearing dealt with the confirmation of the two Liquidating Plans (as defined in Kaiser`s Form 10-K for 2004) filed in conjunction with the previously announced sale of Kaiser`s interests in and related to alumina refineries in Jamaica and Australia. A further hearing will be scheduled to resume the confirmation process.

No assurances can be provided as to whether or when the Liquidating Plans will be confirmed by the Court or ultimately consummated or, if confirmed and consummated, as to the amount of distributions to be made to individual creditors of the liquidating subsidiaries or the company. Further, the company cannot predict what the ultimate allocation of distributions among holders of the company`s 9-7/8% Senior Notes, 10-7/8% Senior Notes, and the 12-3/4% Senior Subordinated Notes will be, when any such resolution will occur, or what impact any such resolution may have on the company and its ongoing reorganization efforts.

The Liquidating Plans relate exclusively to the interests in and related to alumina refineries in Jamaica and Australia and will have no impact on the normal ongoing fabricated products business unit or other continuing operations.

Kaiser Aluminum (OTCBB:KLUCQ) is a leading producer of fabricated aluminum products for aerospace and high-strength, general engineering, automotive, and custom industrial applications.

Company press releases may contain statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The company cautions that any such forward-looking statements are not guarantees of future performance and involve significant risks and uncertainties, and that actual results may vary materially from those expressed or implied in the forward-looking statements as a result of various factors.

[hainholz]

es ist alles auf dem Weg aus Chapter11

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nachbörslich am Freitag

Kaiser Aluminum Reports Results for First Quarter of 2005
5/13/05

FOOTHILL RANCH, Calif., May 13, 2005 (BUSINESS WIRE) --
Kaiser Aluminum today reported net income of $8.3 million, or $.10 per share for the first quarter of 2005, compared to a net loss of $64.0 million, or $.80 per share, for the first quarter of 2004.
Results for the first quarter of 2005 included a pre-tax operating charge of $6.2 million, the majority of which was associated with the implementation of new defined contribution savings plans for employees. Results for the year-ago quarter included a non-cash pre-tax charge (as recorded in discontinued operations) of $33.0 million to reduce the carrying value of the company`s 90% interest in the Valco smelter in Ghana.

Net sales in the first quarter of 2005 were $281.4 million, compared to $210.2 million in the year-ago period.

Commenting on the first quarter of 2005, Kaiser President and Chief Executive Officer Jack A. Hockema said, "The company`s strong performance relative to the year-ago quarter was largely the result of higher shipments, an unusually rich mix, and improved realized prices in our fabricated products business. In particular, we reported a 16% rise in shipments of fabricated products, led by increased demand in the aerospace/high strength market. Realized prices were higher across the board and reached near-peak levels for plate products in response to strong near-term demand."

Hockema added, "Of particular note is the fact that the rich product mix and strong plate prices were key factors that lifted first-quarter operating income in our fabricated products business to the highest level since the 1998-2000 timeframe, when somewhat similar market conditions existed. This result is especially noteworthy in light of a continuing trend of higher costs for energy and freight. Although we are pleased with the company`s operating income in the first quarter, we currently do not expect the remaining quarters of 2005 to have as rich a mix of products."

Hockema added, "We continue to be focused on our objective of emerging from Chapter 11 in the second half of this year."

Kaiser Aluminum (OTCBB:KLUCQ) is a leading producer of fabricated aluminum products for aerospace and high-strength, general engineering, automotive, and custom industrial applications.

Company press releases may contain statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The company cautions that any such forward-looking statements are not guarantees of future performance and involve significant risks and uncertainties, and that actual results may vary materially from those expressed or implied in the forward-looking statements as a result of various factors.

Statements of Consolidated Income (Loss), Selected Operational and Financial Information, and Condensed Consolidated Balance Sheets Follow

[hainholz]

das könnte heut was geben in den USA

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Hockema added, " We continue to be focused on our objective of emerging from Chapter 11 in the second half of this year."
Kaiser Aluminum (OTCBB:KLUCQ) is a leading producer of fabricated aluminum products for aerospace and high-strength, general engineering, automotive, and custom industrial applications.

[hainholz]

Kaiser Aluminum Signs Multi-Year Supply Agreement with Airbus
6/6/05

FOOTHILL RANCH, Calif., Jun 06, 2005 (BUSINESS WIRE) --
Kaiser Aluminum announced that it has signed a new agreement to supply Airbus with heat treat aluminum sheet and plate from 2005 through 2011.

"Kaiser has been a supplier primarily of lightweight sheet to Airbus for many years," said Jack A. Hockema, President and Chief Executive Officer of Kaiser Aluminum. "However, the new agreement represents an important piece of committed business for Kaiser and is an outgrowth of the Airbus qualification of additional Kaiser sheet and plate products in 2004."

Hockema said, "Airbus has clearly demonstrated an increased demand for aluminum sheet and plate, as evidenced in part by the development of the new A380, and we are pleased that this agreement enables Kaiser to be part of a valued customer`s growth story."

Hockema added, "Kaiser has long been recognized as one of the world`s top producers of aluminum sheet and plate for aerospace applications. This new agreement demonstrates our strong competitive position. It is also a tremendous vote of confidence in the performance of the Trentwood, Washington, mill where these products are produced by an exceptionally skilled and dedicated workforce."

Headquartered in Toulouse, France, Airbus is jointly owned by the European Aeronautic Defence and Space Company (80%) and BAE Systems (20%).

Kaiser Aluminum (OTCBB:KLUCQ) is a leading producer of fabricated aluminum products for aerospace and high-strength, general engineering, automotive, and custom industrial applications.

Company press releases may contain statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The company cautions that any such forward-looking statements are not guarantees of future performance and involve significant risks and uncertainties, and that actual results may vary materially from those expressed or implied in the forward-looking statements as a result of various factors.

SOURCE: Kaiser Aluminum

Kaiser Aluminum Scott Lamb, 713-332-4751

Copyright Business Wire 2005

© 2005 Stockgroup Media Inc. | Disclaimer

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Die werden ALU produzieren ohne ENDE

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DJ Kaiser Aluminum Gets OK On $137M Settlement With Lloyd`s
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09/28/2005 02:06:24 PM EDT
DowJones Select

WILMINGTON, Del., Sep 28, 2005 (Dow Jones Commodities News Select via Comtex) --Kaiser Aluminum Corp. (KLUCQ) won bankruptcy court approval to settle an insurance coverage dispute with underwriters at Lloyd`s, London for $137 million.

Signed Monday by U.S. Bankruptcy Judge Judith Fitzgerald, the order approving the deal came over the objections of insurers who have refused to come to terms with Kaiser Aluminum over how much exposure they could potentially have for damage from asbestos products.

The company filed for Chapter 11 protection in February 2002, citing hard times in the aerospace industry and mounting asbestos liabilities.

The settlement signed Monday is the fifth and largest insurance pact that the aluminum product fabricator has negotiated as it prepares to push for confirmation of its Chapter 11 reorganization plan.

The deal ends litigation involving policies written by the Lloyd`s underwriters that are valued at $170 million.

Terms of the settlement say the $137 million is due after Kaiser Aluminum`s plan takes effect or a confirmation order becomes final.

If long-promised national legislation to set up a public trust to absorb asbestos liabilities is signed before the end of the year, however, the deal is off.

"I don`t think anyone on our side is sweating that provision," commented Gregory Gordon, attorney for Kaiser, arguing in support of the settlement at a hearing in Wilmington Monday.

-By Peg Brickley, Dow Jones Newswires; 302-521-2266; [e-mail]

(END) Dow Jones Newswires

09-28-05 1406ET