OMB APPROVAL
 
OMB Number:                      3235-0145
Expires:
Estimated average burden
hours per response        10.4

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549
____________________________
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
 (Amendment No. 1)*
_____________________________
Kaiser Aluminum Corporation
 (Name of Issuer)
Common Stock, par value $0.01
 (Title of Class of Securities)
483007704
 (CUSIP Number)
August 3, 2015
 (Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
[_]        Rule 13d-1(b)
[X]        Rule 13d-1(c)
[_]        Rule 13d-1(d)
__________________
* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

CUSIP NO.
483007704
    
     
1.
NAMES OF REPORTING PERSONS
  
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
  
     
 
Whitebox Advisors LLC
  
     
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
   
(a)  [_]
   
(b)  [X]
     
3.
SEC USE ONLY
  
     
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
  
     
 
Delaware
  
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
     
5.
SOLE VOTING POWER
  
     
 
0
  
     
6
SHARED VOTING POWER
  
     
 
0
  
     
7
SOLE DISPOSITIVE POWER
  
     
 
0
  
     
8
SHARED DISPOSITIVE POWER
  
     
 
0
  
     
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
     
 
0
  
     
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
  
     
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
  
     
 
0.0%
  
     
12
TYPE OF REPORTING PERSON*
  
     
 
IA
  


CUSIP No
483007704
    

Item 1.
(a).
Name of Issuer:
  
       
   
Kaiser Aluminum Corporation
  

 
(b).
Address of Issuer's Principal Executive Offices:
  
       
   
27422 Portola Parkway, Suite 200
Foothill Ranch, CA 92610-2831
  

 
Item 2.
(a).
Name of Person Filing:
  
         
     
This statement is filed by:
  
         
   
(i)
Whitebox Advisors LLC, a Delaware limited liability company ("WA");
  
 
   
(b).
Address of Principal Business Office, or if None, Residence:
  
         
     
The address of the business office of WA is:
  
         
     
3033 Excelsior Boulevard
Suite 300
Minneapolis, MN 55416
  
         
         
   
(c)
Citizenship
  
         
     
WA is organized under the laws of the State of Delaware.
  
         
   
(d)
Title of Class of Securities
  
         
     
Common Stock
  
         
   
(e)
CUSIP Number
  
         
     
483007704
  

Item 3.
  
If This Statement is filed pursuant to ss.240.13d-1(b) or 240.13d-2(b), or (c), check whether the person filing is a

 
(a)
[_]
Broker or dealer registered under section 15 of the Act.
 
(b)
[_]
Bank as defined in section 3(a)(6) of the Act.
 
(c)
[_]
Insurance company as defined in section 3(a)(19) of the Act.
 
(d)
[_]
Investment company registered under section 8 of the Investment Company Act of 1940.
 
(e)
[_]
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E).
 
(f)
[_]
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F).
 
(g)
[_]
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G).
 
(h)
[_]
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act.
 
(i)
[_]
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940.
 
(j)
[_]
Group, in accordance with § 240.13d-1(b)(1)(ii)(J).


Item 4.
Ownership.

 
(a)
Amount beneficially owned:
     
   
WA is deemed to be the beneficial owner of 0 shares of Common Stock of the Issuer.

 
(b)
Percent of class:
     
   
WA beneficially owns 0.0 % of the Issuer's Common Stock.
 
   
The percentage of Common Stock reportedly owned by WA herein is based on 17,227,403 shares of outstanding Common Stock of the Issuer, which is the total number of shares issued and outstanding on July 20, 2015.
 

 
(c)
Number of shares as to which the person has:
     
   
(i)
Sole power to vote or to direct the vote
 
0
 
   
(ii)
Shared power to vote or to direct the vote
     
 
WA has shared voting power with respect to 0 shares of the Issuer's Common Stock.
 
   
(iii)
Sole power to dispose or direct the disposition of
 
0
 
   
(iv)
Shared power to dispose or to direct the disposition of
 
     
WA has shared voting power with respect to 0 shares of the Issuer's Common Stock.

Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240.13d3 (d)(1).


Item 5.
Ownership of Five Percent or Less of a Class.

 
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X].
 
   
 
Instruction. Dissolution of a group requires a response to this item.


Item 6.
Ownership of More Than Five Percent on Behalf of Another Person.

 
Not Applicable
   
 
 
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.

 
Not Applicable
   

Item 8.
Identification and Classification of Members of the Group.

 
Not Applicable
   

Item 9.
Notice of Dissolution of Group.

 
Not Applicable
   

Item 10.
Certification.

 
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.


SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 
August 12, 2015
 
(Date)
 
   /s/ Michael P. McCormick
 
Signature
   
 
Michael P. McCormick as Chief Financial Officer of Whitebox Advisors LLC
 
Name/Title
   


The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.
NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties for whom copies are to be sent.
Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)




SK 28410 0001 6762172