Alumina Ltd has slumped to a $US98.3 million ($A124.56 million) full year net loss after paying for a range of restructuring costs including closing the Port Henry Smelter in Victoria.
The result was dragged down by $US189.4 million in charges, which Alumina said included the sale of interests in the Jamalco refinery and bauxite mine in Jamaica and a gold mine in Suriname.
However, the outlook for the company's joint venture with Alcoa was positive, with global demand for alumina growing and bauxite supplies declining, it said.
A 1.6 cent a share fully-franked dividend was declared, after no dividend was paid in 2014.
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