Kaiser Aluminum Corporation Reports Fourth Quarter

Kaiser Aluminum Corporation (NASDAQ:KALU) announces company’s fourth quarter results.

The press release is quoted as saying:

Consolidated operating income as reported for the full year 2010 was $44 million compared to consolidated operating income of $119 million in 2009, reflecting significant non-cash, non-run-rate items, primarily related to mark-to-market gains and losses on the Company’s derivative positions and a $14 million increase in the environmental accrual.

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