<?xml version="1.0" encoding="US-ASCII"?>
<!-- RR Donnelley Xcelerate Taxonomy Labels Linkbase, based on XBRL 2.1  http://www.rrdonnelley.com/ -->
<!-- Version: 6.19.4 -->
<!-- Round: 3 -->
<!-- Creation date: 2012-10-25T19:50:50Z -->
<!-- Copyright (c) 2005-2012 R.R. Donnelley &amp; Sons Company All Rights Reserved. -->
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  <labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccountsPayableCurrent" xlink:label="us-gaap_AccountsPayableCurrent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsPayableCurrent_lbl" xml:lang="en-US" id="id_513966_582420_1_1">Accounts Payable Current</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AccountsPayableCurrent_lbl" xml:lang="en-US" id="id_513966_582420_2_1">Accounts payable, trade</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccountsReceivableGross" xlink:label="us-gaap_AccountsReceivableGross"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsReceivableGross_lbl" xml:lang="en-US" id="id_513966_578351_1_1">Accounts Receivable Gross</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AccountsReceivableGross_lbl" xml:lang="en-US" id="id_513966_578351_2_1">Accounts receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsReceivableGross" xlink:to="us-gaap_AccountsReceivableGross_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccountsReceivableNetCurrent" xlink:label="us-gaap_AccountsReceivableNetCurrent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsReceivableNetCurrent_lbl" xml:lang="en-US" id="id_513966_571324_1_1">Accounts Receivable Net Current</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AccountsReceivableNetCurrent_lbl" xml:lang="en-US" id="id_513966_571324_2_1">Receivables from customers, less allowances of $44 in 2012 and $46 in 2011 (L)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsReceivableNetCurrent" xlink:to="us-gaap_AccountsReceivableNetCurrent_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccrualForEnvironmentalLossContingencies" xlink:label="us-gaap_AccrualForEnvironmentalLossContingencies"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccrualForEnvironmentalLossContingencies_lbl" xml:lang="en-US" id="id_513966_578058_1_1">Accrual For Environmental Loss Contingencies</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AccrualForEnvironmentalLossContingencies_lbl" xml:lang="en-US" id="id_513966_578058_2_1">Remediation reserve balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccrualForEnvironmentalLossContingencies" xlink:to="us-gaap_AccrualForEnvironmentalLossContingencies_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccrualForEnvironmentalLossContingenciesPayments" xlink:label="us-gaap_AccrualForEnvironmentalLossContingenciesPayments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccrualForEnvironmentalLossContingenciesPayments_lbl" xml:lang="en-US" id="id_513966_565905_1_1">Accrual For Environmental Loss Contingencies Payments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AccrualForEnvironmentalLossContingenciesPayments_lbl" xml:lang="en-US" id="id_513966_565905_2_1">Payments related to remediation expenses applied against the reserve</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccrualForEnvironmentalLossContingenciesPayments" xlink:to="us-gaap_AccrualForEnvironmentalLossContingenciesPayments_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccrualForEnvironmentalLossContingenciesPeriodIncreaseDecrease" xlink:label="us-gaap_AccrualForEnvironmentalLossContingenciesPeriodIncreaseDecrease"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccrualForEnvironmentalLossContingenciesPeriodIncreaseDecrease_lbl" xml:lang="en-US" id="id_513966_568222_1_1">Accrual For Environmental Loss Contingencies Period Increase Decrease</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AccrualForEnvironmentalLossContingenciesPeriodIncreaseDecrease_lbl" xml:lang="en-US" id="id_513966_568222_2_1">Remediation reserve increase</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccrualForEnvironmentalLossContingenciesPeriodIncreaseDecrease" xlink:to="us-gaap_AccrualForEnvironmentalLossContingenciesPeriodIncreaseDecrease_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccruedEnvironmentalLossContingenciesCurrent" xlink:label="us-gaap_AccruedEnvironmentalLossContingenciesCurrent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccruedEnvironmentalLossContingenciesCurrent_lbl" xml:lang="en-US" id="id_513966_568492_1_1">Accrued Environmental Loss Contingencies Current</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AccruedEnvironmentalLossContingenciesCurrent_lbl" xml:lang="en-US" id="id_513966_568492_2_1">Remediation reserve balance, classified as a current liability</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccruedEnvironmentalLossContingenciesCurrent" xlink:to="us-gaap_AccruedEnvironmentalLossContingenciesCurrent_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_lbl" xml:lang="en-US" id="id_513966_580348_1_1">Accumulated Depreciation Depletion And Amortization Property Plant And Equipment</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_lbl" xml:lang="en-US" id="id_513966_580348_2_1">Less: accumulated depreciation, depletion, and amortization</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:to="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_lbl" xml:lang="en-US" id="id_513966_568050_1_1">Accumulated Other Comprehensive Income Loss Net Of Tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_lbl" xml:lang="en-US" id="id_513966_568050_2_1">Accumulated other comprehensive loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:to="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeMember_lbl" xml:lang="en-US" id="id_513966_577715_1_1">Accumulated Other Comprehensive Income [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeMember_lbl" xml:lang="en-US" id="id_513966_577715_2_1">Accumulated other comprehensive loss [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:to="us-gaap_AccumulatedOtherComprehensiveIncomeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_AcresOfLand" xlink:label="aa_AcresOfLand"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_AcresOfLand_lbl" xml:lang="en-US" id="id_513966_614409_3_1">Acres Of Land</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_AcresOfLand_lbl" xml:lang="en-US" id="id_513966_614409_1_1">Acres Of Land</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_AcresOfLand_lbl" xml:lang="en-US" id="id_513966_614409_2_1">Acres of land associated with divestitures</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_AcresOfLand" xlink:to="aa_AcresOfLand_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_AdditionalAcquiredShares" xlink:label="aa_AdditionalAcquiredShares"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_AdditionalAcquiredShares_lbl" xml:lang="en-US" id="id_513966_593629_3_1">Additional acquired shares</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_AdditionalAcquiredShares_lbl" xml:lang="en-US" id="id_513966_593629_1_1">Additional Acquired Shares</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_AdditionalAcquiredShares_lbl" xml:lang="en-US" id="id_513966_593629_2_1">Additional acquired share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_AdditionalAcquiredShares" xlink:to="aa_AdditionalAcquiredShares_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="us-gaap_AdditionalPaidInCapital"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdditionalPaidInCapital_lbl" xml:lang="en-US" id="id_513966_579143_1_1">Additional Paid In Capital</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AdditionalPaidInCapital_lbl" xml:lang="en-US" id="id_513966_579143_2_1">Additional capital</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdditionalPaidInCapital" xlink:to="us-gaap_AdditionalPaidInCapital_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="us-gaap_AdditionalPaidInCapitalMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdditionalPaidInCapitalMember_lbl" xml:lang="en-US" id="id_513966_576438_1_1">Additional Paid In Capital [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AdditionalPaidInCapitalMember_lbl" xml:lang="en-US" id="id_513966_576438_2_1">Additional capital [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdditionalPaidInCapitalMember" xlink:to="us-gaap_AdditionalPaidInCapitalMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl" xml:lang="en-US" id="id_513966_572141_1_1">Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl" xml:lang="en-US" id="id_513966_572141_2_1">Stock-based compensation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" xlink:to="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US" id="id_513966_566868_1_1">Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US" id="id_513966_566868_2_1">Adjustments to reconcile net (loss) income to cash from operations:</label>
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    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_AlcoaAluminioMember" xlink:label="aa_AlcoaAluminioMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_AlcoaAluminioMember_lbl" xml:lang="en-US" id="id_513966_590061_3_1">Alcoa Aluminio [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_AlcoaAluminioMember_lbl" xml:lang="en-US" id="id_513966_590061_1_1">Alcoa Aluminio [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_AlcoaAluminioMember_lbl" xml:lang="en-US" id="id_513966_590061_2_1">Alcoa Aluminio [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_AlcoaAluminioMember" xlink:to="aa_AlcoaAluminioMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_AlcoaJointVentureMember" xlink:label="aa_AlcoaJointVentureMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_AlcoaJointVentureMember_lbl" xml:lang="en-US" id="id_513966_590063_3_1">Alcoa Joint Venture [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_AlcoaJointVentureMember_lbl" xml:lang="en-US" id="id_513966_590063_1_1">Alcoa Joint Venture [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_AlcoaJointVentureMember_lbl" xml:lang="en-US" id="id_513966_590063_2_1">Alcoa Joint Venture [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_AlcoaJointVentureMember" xlink:to="aa_AlcoaJointVentureMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent_lbl" xml:lang="en-US" id="id_513966_571804_1_1">Allowance For Doubtful Accounts Receivable Current</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent_lbl" xml:lang="en-US" id="id_513966_571804_2_1">Receivables from customers, allowance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent" xlink:to="us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_AluminaLimitedMember" xlink:label="aa_AluminaLimitedMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_AluminaLimitedMember_lbl" xml:lang="en-US" id="id_513966_590034_3_1">Alumina Limited [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_AluminaLimitedMember_lbl" xml:lang="en-US" id="id_513966_590034_1_1">Alumina Limited [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_AluminaLimitedMember_lbl" xml:lang="en-US" id="id_513966_590034_2_1">Alumina Limited [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_AluminaLimitedMember" xlink:to="aa_AluminaLimitedMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_AluminaMember" xlink:label="aa_AluminaMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_AluminaMember_lbl" xml:lang="en-US" id="id_513966_590035_3_1">Alumina [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_AluminaMember_lbl" xml:lang="en-US" id="id_513966_590035_1_1">Alumina [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_AluminaMember_lbl" xml:lang="en-US" id="id_513966_590035_2_1">Alumina [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_AluminaMember" xlink:to="aa_AluminaMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_AluminioMember" xlink:label="aa_AluminioMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_AluminioMember_lbl" xml:lang="en-US" id="id_513966_590036_3_1">Aluminio [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_AluminioMember_lbl" xml:lang="en-US" id="id_513966_590036_1_1">Aluminio [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_AluminioMember_lbl" xml:lang="en-US" id="id_513966_590036_2_1">Aluminio [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_AluminioMember" xlink:to="aa_AluminioMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_AluminiumBahrainBSCVsAlcoaIncMember" xlink:label="aa_AluminiumBahrainBSCVsAlcoaIncMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_AluminiumBahrainBSCVsAlcoaIncMember_lbl" xml:lang="en-US" id="id_513966_590037_3_1">Aluminium Bahrain B.S.C. Vs. Alcoa Inc. [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_AluminiumBahrainBSCVsAlcoaIncMember_lbl" xml:lang="en-US" id="id_513966_590037_1_1">Aluminium Bahrain B S C Vs Alcoa Inc [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_AluminiumBahrainBSCVsAlcoaIncMember_lbl" xml:lang="en-US" id="id_513966_590037_2_1">Alba [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_AluminiumBahrainBSCVsAlcoaIncMember" xlink:to="aa_AluminiumBahrainBSCVsAlcoaIncMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_AluminumContractsMember" xlink:label="aa_AluminumContractsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_AluminumContractsMember_lbl" xml:lang="en-US" id="id_513966_590039_3_1">Aluminum Contracts [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_AluminumContractsMember_lbl" xml:lang="en-US" id="id_513966_590039_1_1">Aluminum Contracts [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_AluminumContractsMember_lbl" xml:lang="en-US" id="id_513966_590039_2_1">Aluminum Contracts [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_AluminumContractsMember" xlink:to="aa_AluminumContractsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_AluminumFuturesDesignatedAsFairValueHedgesInKiloMetricTon" xlink:label="aa_AluminumFuturesDesignatedAsFairValueHedgesInKiloMetricTon"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_AluminumFuturesDesignatedAsFairValueHedgesInKiloMetricTon_lbl" xml:lang="en-US" id="id_513966_589253_3_1">Aluminum futures designated as fair value hedges in kilo metric ton.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_AluminumFuturesDesignatedAsFairValueHedgesInKiloMetricTon_lbl" xml:lang="en-US" id="id_513966_589253_1_1">Aluminum Futures Designated As Fair Value Hedges In Kilo Metric Ton</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_AluminumFuturesDesignatedAsFairValueHedgesInKiloMetricTon_lbl" xml:lang="en-US" id="id_513966_589253_2_1">Amount of aluminum kmt designated as fair value hedges</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_AluminumFuturesDesignatedAsFairValueHedgesInKiloMetricTon" xlink:to="aa_AluminumFuturesDesignatedAsFairValueHedgesInKiloMetricTon_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US" id="id_513966_565213_1_1">Amendment Flag</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US" id="id_513966_565213_2_1">Amendment Flag</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_AmountInvestedUnderProjectFinancing" xlink:label="aa_AmountInvestedUnderProjectFinancing"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_AmountInvestedUnderProjectFinancing_lbl" xml:lang="en-US" id="id_513966_592116_3_1">Amount Invested Under Project Financing</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_AmountInvestedUnderProjectFinancing_lbl" xml:lang="en-US" id="id_513966_592116_1_1">Amount Invested Under Project Financing</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_AmountInvestedUnderProjectFinancing_lbl" xml:lang="en-US" id="id_513966_592116_2_1">Amount invested by Alcoa and Aluminum Financing Limited</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_AmountInvestedUnderProjectFinancing" xlink:to="aa_AmountInvestedUnderProjectFinancing_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_AmountOfSoldReceivablesRemainUncollected" xlink:label="aa_AmountOfSoldReceivablesRemainUncollected"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_AmountOfSoldReceivablesRemainUncollected_lbl" xml:lang="en-US" id="id_513966_592172_3_1">Amount Of Sold Receivables Remain Uncollected</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_AmountOfSoldReceivablesRemainUncollected_lbl" xml:lang="en-US" id="id_513966_592172_1_1">Amount Of Sold Receivables Remain Uncollected</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_AmountOfSoldReceivablesRemainUncollected_lbl" xml:lang="en-US" id="id_513966_592172_2_1">Sold receivables that remain uncollected</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_AmountOfSoldReceivablesRemainUncollected" xlink:to="aa_AmountOfSoldReceivablesRemainUncollected_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_lbl" xml:lang="en-US" id="id_513966_580039_1_1">Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_lbl" xml:lang="en-US" id="id_513966_580039_2_1">Number of anti-dilutive securities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:to="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis_lbl" xml:lang="en-US" id="id_513966_580856_1_1">Antidilutive Securities Excluded From Computation Of Earnings Per Share By Antidilutive Securities [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis_lbl" xml:lang="en-US" id="id_513966_580856_2_1">Antidilutive Securities [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis" xlink:to="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems_lbl" xml:lang="en-US" id="id_513966_577808_1_1">Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems_lbl" xml:lang="en-US" id="id_513966_577808_2_1">Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems" xlink:to="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AntidilutiveSecuritiesNameDomain" xlink:label="us-gaap_AntidilutiveSecuritiesNameDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AntidilutiveSecuritiesNameDomain_lbl" xml:lang="en-US" id="id_513966_570739_1_1">Antidilutive Securities Name [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AntidilutiveSecuritiesNameDomain_lbl" xml:lang="en-US" id="id_513966_570739_2_1">Antidilutive Securities, Name [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AntidilutiveSecuritiesNameDomain" xlink:to="us-gaap_AntidilutiveSecuritiesNameDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_ApplicableMarginOnLondonInterbankOfferRateLoans" xlink:label="aa_ApplicableMarginOnLondonInterbankOfferRateLoans"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_ApplicableMarginOnLondonInterbankOfferRateLoans_lbl" xml:lang="en-US" id="id_513966_593633_3_1">Applicable margin on London Inter Bank Offer Rate loans.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_ApplicableMarginOnLondonInterbankOfferRateLoans_lbl" xml:lang="en-US" id="id_513966_593633_1_1">Applicable Margin On London Interbank Offer Rate Loans</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_ApplicableMarginOnLondonInterbankOfferRateLoans_lbl" xml:lang="en-US" id="id_513966_593633_2_1">Applicable Margin On LIBOR</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_ApplicableMarginOnLondonInterbankOfferRateLoans" xlink:to="aa_ApplicableMarginOnLondonInterbankOfferRateLoans_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_Assets" xlink:label="us-gaap_Assets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Assets_lbl" xml:lang="en-US" id="id_513966_569254_1_1">Assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_Assets_lbl" xml:lang="en-US" id="id_513966_569254_6_1">Total assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Assets" xlink:to="us-gaap_Assets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="us-gaap_AssetsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsAbstract_lbl" xml:lang="en-US" id="id_513966_581095_1_1">Assets [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AssetsAbstract_lbl" xml:lang="en-US" id="id_513966_581095_2_1">ASSETS</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsAbstract" xlink:to="us-gaap_AssetsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AssetsCurrent" xlink:label="us-gaap_AssetsCurrent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsCurrent_lbl" xml:lang="en-US" id="id_513966_578885_1_1">Assets Current</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_AssetsCurrent_lbl" xml:lang="en-US" id="id_513966_578885_6_1">Total current assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsCurrent" xlink:to="us-gaap_AssetsCurrent_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AssetsCurrentAbstract" xlink:label="us-gaap_AssetsCurrentAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsCurrentAbstract_lbl" xml:lang="en-US" id="id_513966_573652_1_1">Assets Current [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AssetsCurrentAbstract_lbl" xml:lang="en-US" id="id_513966_573652_2_1">Current assets:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsCurrentAbstract" xlink:to="us-gaap_AssetsCurrentAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_AssuredEnergy" xlink:label="aa_AssuredEnergy"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_AssuredEnergy_lbl" xml:lang="en-US" id="id_513966_591427_3_1">Assured energy.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_AssuredEnergy_lbl" xml:lang="en-US" id="id_513966_591427_1_1">Assured Energy</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_AssuredEnergy_lbl" xml:lang="en-US" id="id_513966_591427_2_1">Assured energy, megawatts</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_AssuredEnergy" xlink:to="aa_AssuredEnergy_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_AssuredPowerFromInstalledCapacity" xlink:label="aa_AssuredPowerFromInstalledCapacity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_AssuredPowerFromInstalledCapacity_lbl" xml:lang="en-US" id="id_513966_591428_3_1">Assured power from installed capacity.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_AssuredPowerFromInstalledCapacity_lbl" xml:lang="en-US" id="id_513966_591428_1_1">Assured Power From Installed Capacity</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_AssuredPowerFromInstalledCapacity_lbl" xml:lang="en-US" id="id_513966_591428_2_1">Assured power from installed capacity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_AssuredPowerFromInstalledCapacity" xlink:to="aa_AssuredPowerFromInstalledCapacity_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AvailableforsaleSecuritiesMember" xlink:label="us-gaap_AvailableforsaleSecuritiesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AvailableforsaleSecuritiesMember_lbl" xml:lang="en-US" id="id_513966_569906_1_1">Availableforsale Securities [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AvailableforsaleSecuritiesMember_lbl" xml:lang="en-US" id="id_513966_569906_2_1">Available-for-sale securities [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableforsaleSecuritiesMember" xlink:to="us-gaap_AvailableforsaleSecuritiesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_AveragePercentageOfCreditSpread" xlink:label="aa_AveragePercentageOfCreditSpread"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_AveragePercentageOfCreditSpread_lbl" xml:lang="en-US" id="id_513966_593640_3_1">Average percentage of credit spread.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_AveragePercentageOfCreditSpread_lbl" xml:lang="en-US" id="id_513966_593640_1_1">Average Percentage Of Credit Spread</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_AveragePercentageOfCreditSpread_lbl" xml:lang="en-US" id="id_513966_593640_2_1">Percentage of credit spread</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_AveragePercentageOfCreditSpread" xlink:to="aa_AveragePercentageOfCreditSpread_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_BaieComeauQuebecCanadaMember" xlink:label="aa_BaieComeauQuebecCanadaMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_BaieComeauQuebecCanadaMember_lbl" xml:lang="en-US" id="id_513966_824099_3_1">Baie Comeau Quebec Canada [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_BaieComeauQuebecCanadaMember_lbl" xml:lang="en-US" id="id_513966_824099_1_1">Baie Comeau Quebec Canada [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_BaieComeauQuebecCanadaMember_lbl" xml:lang="en-US" id="id_513966_824099_2_1">Baie Comeau [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_BaieComeauQuebecCanadaMember" xlink:to="aa_BaieComeauQuebecCanadaMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="us-gaap_BalanceSheetLocationAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BalanceSheetLocationAxis_lbl" xml:lang="en-US" id="id_513966_568238_1_1">Balance Sheet Location [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_BalanceSheetLocationAxis_lbl" xml:lang="en-US" id="id_513966_568238_2_1">Balance Sheet Location [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BalanceSheetLocationAxis" xlink:to="us-gaap_BalanceSheetLocationAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="us-gaap_BalanceSheetLocationDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BalanceSheetLocationDomain_lbl" xml:lang="en-US" id="id_513966_569475_1_1">Balance Sheet Location [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_BalanceSheetLocationDomain_lbl" xml:lang="en-US" id="id_513966_569475_2_1">Balance Sheet Location [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BalanceSheetLocationDomain" xlink:to="us-gaap_BalanceSheetLocationDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_BarraGrandeMember" xlink:label="aa_BarraGrandeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_BarraGrandeMember_lbl" xml:lang="en-US" id="id_513966_590090_3_1">Barra Grande [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_BarraGrandeMember_lbl" xml:lang="en-US" id="id_513966_590090_1_1">Barra Grande [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_BarraGrandeMember_lbl" xml:lang="en-US" id="id_513966_590090_2_1">Barra Grande [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_BarraGrandeMember" xlink:to="aa_BarraGrandeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_BaseYearConsumerPriceIndex" xlink:label="aa_BaseYearConsumerPriceIndex"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_BaseYearConsumerPriceIndex_lbl" xml:lang="en-US" id="id_513966_824380_3_1">Base Year Consumer Price Index</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_BaseYearConsumerPriceIndex_lbl" xml:lang="en-US" id="id_513966_824380_1_1">Base Year Consumer Price Index</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_BaseYearConsumerPriceIndex_lbl" xml:lang="en-US" id="id_513966_824380_2_1">Consumer price index base</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_BaseYearConsumerPriceIndex" xlink:to="aa_BaseYearConsumerPriceIndex_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock" xlink:label="us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock_lbl" xml:lang="en-US" id="id_513966_581553_1_1">Basis Of Presentation And Significant Accounting Policies [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock_lbl" xml:lang="en-US" id="id_513966_581553_2_1">Basis Of Presentation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock" xlink:to="us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_BondSeriesTwoThousandTwelveMember" xlink:label="aa_BondSeriesTwoThousandTwelveMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_BondSeriesTwoThousandTwelveMember_lbl" xml:lang="en-US" id="id_513966_824394_3_1">Bond Series Two Thousand Twelve [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_BondSeriesTwoThousandTwelveMember_lbl" xml:lang="en-US" id="id_513966_824394_1_1">Bond Series Two Thousand Twelve [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_BondSeriesTwoThousandTwelveMember_lbl" xml:lang="en-US" id="id_513966_824394_2_1">Bond Series 2012 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_BondSeriesTwoThousandTwelveMember" xlink:to="aa_BondSeriesTwoThousandTwelveMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_BreachesOfWarrantyMember" xlink:label="aa_BreachesOfWarrantyMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_BreachesOfWarrantyMember_lbl" xml:lang="en-US" id="id_513966_590316_3_1">Breaches Of Warranty [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_BreachesOfWarrantyMember_lbl" xml:lang="en-US" id="id_513966_590316_1_1">Breaches Of Warranty [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_BreachesOfWarrantyMember_lbl" xml:lang="en-US" id="id_513966_590316_2_1">Breaches Of Warranty [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_BreachesOfWarrantyMember" xlink:to="aa_BreachesOfWarrantyMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="us-gaap_BusinessAcquisitionLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BusinessAcquisitionLineItems_lbl" xml:lang="en-US" id="id_513966_576082_1_1">Business Acquisition [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_BusinessAcquisitionLineItems_lbl" xml:lang="en-US" id="id_513966_576082_2_1">Business Acquisition [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessAcquisitionLineItems" xlink:to="us-gaap_BusinessAcquisitionLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_BusinessAcquisitionTable" xlink:label="aa_BusinessAcquisitionTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_BusinessAcquisitionTable_lbl" xml:lang="en-US" id="id_513966_591477_3_1">Business Acquisition [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_BusinessAcquisitionTable_lbl" xml:lang="en-US" id="id_513966_591477_1_1">Business Acquisition [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_BusinessAcquisitionTable_lbl" xml:lang="en-US" id="id_513966_591477_2_1">Business Acquisition [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_BusinessAcquisitionTable" xlink:to="aa_BusinessAcquisitionTable_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_CanadaAndNorwayMember" xlink:label="aa_CanadaAndNorwayMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_CanadaAndNorwayMember_lbl" xml:lang="en-US" id="id_513966_824587_3_1">Canada And Norway [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_CanadaAndNorwayMember_lbl" xml:lang="en-US" id="id_513966_824587_1_1">Canada And Norway [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_CanadaAndNorwayMember_lbl" xml:lang="en-US" id="id_513966_824587_2_1">Canada And Norway [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_CanadaAndNorwayMember" xlink:to="aa_CanadaAndNorwayMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_CapitalContribution" xlink:label="aa_CapitalContribution"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_CapitalContribution_lbl" xml:lang="en-US" id="id_513966_592601_3_1">Capital Contribution</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_CapitalContribution_lbl" xml:lang="en-US" id="id_513966_592601_1_1">Capital Contribution</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_CapitalContribution_lbl" xml:lang="en-US" id="id_513966_592601_2_1">Additional contributions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_CapitalContribution" xlink:to="aa_CapitalContribution_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_CapitalInvestmentCommitmentPaidInPeriod" xlink:label="aa_CapitalInvestmentCommitmentPaidInPeriod"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_CapitalInvestmentCommitmentPaidInPeriod_lbl" xml:lang="en-US" id="id_513966_592642_3_1">Capital investment commitment paid in period.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_CapitalInvestmentCommitmentPaidInPeriod_lbl" xml:lang="en-US" id="id_513966_592642_1_1">Capital Investment Commitment Paid In Period</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_CapitalInvestmentCommitmentPaidInPeriod_lbl" xml:lang="en-US" id="id_513966_592642_2_1">Capital investment commitment paid in period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_CapitalInvestmentCommitmentPaidInPeriod" xlink:to="aa_CapitalInvestmentCommitmentPaidInPeriod_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_CapitalInvestmentCommitmentPaidToDate" xlink:label="aa_CapitalInvestmentCommitmentPaidToDate"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_CapitalInvestmentCommitmentPaidToDate_lbl" xml:lang="en-US" id="id_513966_592643_3_1">The amount of cash contributed by an entity through the most recent balance sheet date to a joint venture accounted for under the equity method related to asset construction costs.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_CapitalInvestmentCommitmentPaidToDate_lbl" xml:lang="en-US" id="id_513966_592643_1_1">Capital Investment Commitment Paid To Date</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_CapitalInvestmentCommitmentPaidToDate_lbl" xml:lang="en-US" id="id_513966_592643_2_1">Capital investment commitment paid-to-date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_CapitalInvestmentCommitmentPaidToDate" xlink:to="aa_CapitalInvestmentCommitmentPaidToDate_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_CapitalInvestmentOverYear" xlink:label="aa_CapitalInvestmentOverYear"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_CapitalInvestmentOverYear_lbl" xml:lang="en-US" id="id_513966_594258_3_1">Capital Investment, Over Year</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_CapitalInvestmentOverYear_lbl" xml:lang="en-US" id="id_513966_594258_1_1">Capital Investment Over Year</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_CapitalInvestmentOverYear_lbl" xml:lang="en-US" id="id_513966_594258_2_1">Term of investment by Alcoa and Aluminum Financing Limited, years</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_CapitalInvestmentOverYear" xlink:to="aa_CapitalInvestmentOverYear_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xml:lang="en-US" id="id_513966_569655_1_1">Cash And Cash Equivalents At Carrying Value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xml:lang="en-US" id="id_513966_569655_4_1">CASH AND CASH EQUIVALENTS AT END OF PERIOD</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xml:lang="en-US" id="id_513966_569655_5_1">Cash and cash equivalents at beginning of year</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xml:lang="en-US" id="id_513966_569655_2_1">Cash and cash equivalents</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:to="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CashAndCashEquivalentsMember" xlink:label="us-gaap_CashAndCashEquivalentsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAndCashEquivalentsMember_lbl" xml:lang="en-US" id="id_513966_569349_1_1">Cash And Cash Equivalents [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CashAndCashEquivalentsMember_lbl" xml:lang="en-US" id="id_513966_569349_2_1">Cash and Cash Equivalents [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsMember" xlink:to="us-gaap_CashAndCashEquivalentsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_lbl" xml:lang="en-US" id="id_513966_570920_1_1">Cash And Cash Equivalents Period Increase Decrease</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_lbl" xml:lang="en-US" id="id_513966_570920_6_1">Net change in cash and cash equivalents</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:to="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths" xlink:label="us-gaap_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths_lbl" xml:lang="en-US" id="id_513966_581939_1_1">Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths_lbl" xml:lang="en-US" id="id_513966_581939_2_1">Amount of loss expected to be recognized into earnings over the next 12 months</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths" xlink:to="us-gaap_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations" xlink:label="us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations_lbl" xml:lang="en-US" id="id_513966_579465_1_1">Cash Provided By Used In Operating Activities Discontinued Operations</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations_lbl" xml:lang="en-US" id="id_513966_579465_2_1">CASH USED FOR DISCONTINUED OPERATIONS</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations" xlink:to="us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_ChargeRelatedToEuropeanCommissionAnnouncement" xlink:label="aa_ChargeRelatedToEuropeanCommissionAnnouncement"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_ChargeRelatedToEuropeanCommissionAnnouncement_lbl" xml:lang="en-US" id="id_513966_592670_3_1">Charge related to European commission announcement.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_ChargeRelatedToEuropeanCommissionAnnouncement_lbl" xml:lang="en-US" id="id_513966_592670_1_1">Charge Related To European Commission Announcement</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_ChargeRelatedToEuropeanCommissionAnnouncement_lbl" xml:lang="en-US" id="id_513966_592670_2_1">Charge related to European commission announcement</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_ChargeRelatedToEuropeanCommissionAnnouncement" xlink:to="aa_ChargeRelatedToEuropeanCommissionAnnouncement_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CollateralAlreadyPostedAggregateFairValue" xlink:label="us-gaap_CollateralAlreadyPostedAggregateFairValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CollateralAlreadyPostedAggregateFairValue_lbl" xml:lang="en-US" id="id_513966_571518_1_1">Collateral Already Posted Aggregate Fair Value</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_CollateralAlreadyPostedAggregateFairValue_lbl" xml:lang="en-US" id="id_513966_571518_8_1">Margin posted</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CollateralAlreadyPostedAggregateFairValue" xlink:to="us-gaap_CollateralAlreadyPostedAggregateFairValue_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommercialPaper" xlink:label="us-gaap_CommercialPaper"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommercialPaper_lbl" xml:lang="en-US" id="id_513966_569624_1_1">Commercial Paper</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CommercialPaper_lbl" xml:lang="en-US" id="id_513966_569624_2_1">Commercial paper</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CommercialPaperMember_lbl" xml:lang="en-US" id="id_513966_581368_2_1">Commercial Paper [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommercialPaperMember" xlink:to="us-gaap_CommercialPaperMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_CommitmentOfAdditionalFundingForDevelopmentOfReserves" xlink:label="aa_CommitmentOfAdditionalFundingForDevelopmentOfReserves"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_CommitmentOfAdditionalFundingForDevelopmentOfReserves_lbl" xml:lang="en-US" id="id_513966_627151_3_1">Commitment Of Additional Funding For Development Of Reserves</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_CommitmentOfAdditionalFundingForDevelopmentOfReserves_lbl" xml:lang="en-US" id="id_513966_627151_2_1">Additional funding received</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommonStockDividendsPerShareCashPaid" xlink:label="us-gaap_CommonStockDividendsPerShareCashPaid"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockDividendsPerShareCashPaid_lbl" xml:lang="en-US" id="id_513966_579991_1_1">Common Stock Dividends Per Share Cash Paid</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CommonStockDividendsPerShareCashPaid_lbl" xml:lang="en-US" id="id_513966_579991_2_1">Dividends paid per common share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockDividendsPerShareCashPaid" xlink:to="us-gaap_CommonStockDividendsPerShareCashPaid_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockDividendsPerShareDeclared_lbl" xml:lang="en-US" id="id_513966_574477_1_1">Common Stock Dividends Per Share Declared</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CommonStockDividendsPerShareDeclared_lbl" xml:lang="en-US" id="id_513966_574477_2_1">Common stock, dividends per share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockDividendsPerShareDeclared" xlink:to="us-gaap_CommonStockDividendsPerShareDeclared_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommonStockMember" xlink:label="us-gaap_CommonStockMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockMember_lbl" xml:lang="en-US" id="id_513966_565727_1_1">Common Stock [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CommonStockMember_lbl" xml:lang="en-US" id="id_513966_565727_2_1">Common stock [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockValue_lbl" xml:lang="en-US" id="id_513966_573386_1_1">Common Stock Value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CommonStockValue_lbl" xml:lang="en-US" id="id_513966_573386_2_1">Common stock</label>
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    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_ComponentOfOtherIncomeExpenseNonoperatingTableTextBlock" xlink:label="aa_ComponentOfOtherIncomeExpenseNonoperatingTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_ComponentOfOtherIncomeExpenseNonoperatingTableTextBlock_lbl" xml:lang="en-US" id="id_513966_594626_3_1">Provides a description and amount of each detailed component of other nonoperating income and expenses. The description provided for other nonoperating income may include: (a) dividends, (b) interest on securities, (c) profits on securities (net of losses), and (d) miscellaneous other income items. The description provided for other nonoperating expenses may include: (a) losses on securities (net of profits) and (b) miscellaneous income deductions.</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ComponentOfOtherIncomeNonoperatingLineItems_lbl" xml:lang="en-US" id="id_513966_567773_2_1">Component of Other Income, Nonoperating [Line Items]</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ComponentOfOtherIncomeNonoperatingTable" xlink:label="us-gaap_ComponentOfOtherIncomeNonoperatingTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ComponentOfOtherIncomeNonoperatingTable_lbl" xml:lang="en-US" id="id_513966_567572_1_1">Component Of Other Income Nonoperating [Table]</label>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ComponentOfOtherIncomeNonoperatingTable" xlink:to="us-gaap_ComponentOfOtherIncomeNonoperatingTable_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="us-gaap_ComprehensiveIncomeNetOfTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ComprehensiveIncomeNetOfTax_lbl" xml:lang="en-US" id="id_513966_575797_1_1">Comprehensive Income Net Of Tax</label>
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    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_ConsumerPriceIndexBaseYear" xlink:label="aa_ConsumerPriceIndexBaseYear"/>
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    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_ContributedAmountToProject" xlink:label="aa_ContributedAmountToProject"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_ContributedAmountToProject_lbl" xml:lang="en-US" id="id_513966_592699_3_1">Contributed amount to project.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_ContributedAmountToProject_lbl" xml:lang="en-US" id="id_513966_592699_1_1">Contributed Amount To Project</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_ContributedAmountToProject_lbl" xml:lang="en-US" id="id_513966_592699_2_1">Commitment expended on the project</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ContributionsFromNoncontrollingInterests" xlink:label="us-gaap_ContributionsFromNoncontrollingInterests"/>
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    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_ContributionsFromNoncontrollingInterests_lbl" xml:lang="en-US" id="id_513966_580880_8_1">Contributions</label>
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    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_ConvertibleNotesMember" xlink:label="aa_ConvertibleNotesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_ConvertibleNotesMember_lbl" xml:lang="en-US" id="id_513966_650338_3_1">Convertible Notes [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_ConvertibleNotesMember_lbl" xml:lang="en-US" id="id_513966_650338_1_1">Convertible Notes [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_ConvertibleNotesMember_lbl" xml:lang="en-US" id="id_513966_650338_2_1">Convertible notes [Member]</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CorporateMember" xlink:label="us-gaap_CorporateMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CorporateMember_lbl" xml:lang="en-US" id="id_513966_572719_1_1">Corporate [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CorporateMember_lbl" xml:lang="en-US" id="id_513966_572719_2_1">Corporate [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CorporateMember" xlink:to="us-gaap_CorporateMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CostOfGoodsSold" xlink:label="us-gaap_CostOfGoodsSold"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CostOfGoodsSold_lbl" xml:lang="en-US" id="id_513966_573213_1_1">Cost Of Goods Sold</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CostOfGoodsSold_lbl" xml:lang="en-US" id="id_513966_573213_2_1">Cost of goods sold (exclusive of expenses below)</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CostOfGoodsSoldDepreciationDepletionAndAmortization_lbl" xml:lang="en-US" id="id_513966_571635_1_1">Cost Of Goods Sold Depreciation Depletion And Amortization</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CostOfGoodsSoldDepreciationDepletionAndAmortization_lbl" xml:lang="en-US" id="id_513966_571635_2_1">Provision for depreciation, depletion, and amortization</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CostOfGoodsSoldDepreciationDepletionAndAmortization" xlink:to="us-gaap_CostOfGoodsSoldDepreciationDepletionAndAmortization_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CostOfSalesMember" xlink:label="us-gaap_CostOfSalesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CostOfSalesMember_lbl" xml:lang="en-US" id="id_513966_581360_1_1">Cost Of Sales [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CostOfSalesMember_lbl" xml:lang="en-US" id="id_513966_581360_2_1">Cost of Goods Sold [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CostOfSalesMember" xlink:to="us-gaap_CostOfSalesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_CreditSpreadBetweenAlcoaAndCounterpartyMember" xlink:label="aa_CreditSpreadBetweenAlcoaAndCounterpartyMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_CreditSpreadBetweenAlcoaAndCounterpartyMember_lbl" xml:lang="en-US" id="id_513966_590248_3_1">Credit Spread Between Alcoa And Counterparty [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_CreditSpreadBetweenAlcoaAndCounterpartyMember_lbl" xml:lang="en-US" id="id_513966_590248_1_1">Credit Spread Between Alcoa And Counterparty [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_CreditSpreadBetweenAlcoaAndCounterpartyMember_lbl" xml:lang="en-US" id="id_513966_590248_2_1">Credit Spread Between Alcoa And Counterparty [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_CreditSpreadBetweenAlcoaAndCounterpartyMember" xlink:to="aa_CreditSpreadBetweenAlcoaAndCounterpartyMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_CurrentAssetMember" xlink:label="aa_CurrentAssetMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_CurrentAssetMember_lbl" xml:lang="en-US" id="id_513966_768170_3_1">Current Asset [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_CurrentAssetMember_lbl" xml:lang="en-US" id="id_513966_768170_1_1">Current Asset [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_CurrentAssetMember_lbl" xml:lang="en-US" id="id_513966_768170_2_1">Current Asset [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_CurrentAssetMember" xlink:to="aa_CurrentAssetMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US" id="id_513966_565178_1_1">Current Fiscal Year End Date</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US" id="id_513966_565178_2_1">Current Fiscal Year End Date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_CurtisVsAlcoaMember" xlink:label="aa_CurtisVsAlcoaMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_CurtisVsAlcoaMember_lbl" xml:lang="en-US" id="id_513966_590383_3_1">Curtis vs Alcoa [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_CurtisVsAlcoaMember_lbl" xml:lang="en-US" id="id_513966_590383_1_1">Curtis Vs Alcoa [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_CurtisVsAlcoaMember_lbl" xml:lang="en-US" id="id_513966_590383_2_1">Curtis Vs Alcoa [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_CurtisVsAlcoaMember" xlink:to="aa_CurtisVsAlcoaMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_DamagesAwardedToPlaintiffPreJudgmentInterest" xlink:label="aa_DamagesAwardedToPlaintiffPreJudgmentInterest"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_DamagesAwardedToPlaintiffPreJudgmentInterest_lbl" xml:lang="en-US" id="id_513966_592382_3_1">Damages awarded to plaintiff, pre-judgment interest.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_DamagesAwardedToPlaintiffPreJudgmentInterest_lbl" xml:lang="en-US" id="id_513966_592382_1_1">Damages Awarded To Plaintiff Pre Judgment Interest</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_DamagesAwardedToPlaintiffPreJudgmentInterest_lbl" xml:lang="en-US" id="id_513966_592382_2_1">Damages awarded to plaintiff, pre-judgment interest</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_DamagesAwardedToPlaintiffPreJudgmentInterest" xlink:to="aa_DamagesAwardedToPlaintiffPreJudgmentInterest_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_DampierGasPipelineMember" xlink:label="aa_DampierGasPipelineMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_DampierGasPipelineMember_lbl" xml:lang="en-US" id="id_513966_590381_3_1">Dampier Gas Pipeline [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_DampierGasPipelineMember_lbl" xml:lang="en-US" id="id_513966_590381_1_1">Dampier Gas Pipeline [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_DampierGasPipelineMember_lbl" xml:lang="en-US" id="id_513966_590381_2_1">Dampier Gas Pipeline [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_DampierGasPipelineMember" xlink:to="aa_DampierGasPipelineMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_DaysProvidedToSubmitObservationsAndComments" xlink:label="aa_DaysProvidedToSubmitObservationsAndComments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_DaysProvidedToSubmitObservationsAndComments_lbl" xml:lang="en-US" id="id_513966_591569_3_1">Days Provided to Submit Observations And Comments.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_DaysProvidedToSubmitObservationsAndComments_lbl" xml:lang="en-US" id="id_513966_591569_1_1">Days Provided To Submit Observations And Comments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_DaysProvidedToSubmitObservationsAndComments_lbl" xml:lang="en-US" id="id_513966_591569_2_1">Days provided to submit observations and comments to the EC</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_DaysProvidedToSubmitObservationsAndComments" xlink:to="aa_DaysProvidedToSubmitObservationsAndComments_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtDisclosureTextBlock" xlink:label="us-gaap_DebtDisclosureTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtDisclosureTextBlock_lbl" xml:lang="en-US" id="id_513966_573292_1_1">Debt Disclosure [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DebtDisclosureTextBlock_lbl" xml:lang="en-US" id="id_513966_573292_2_1">Debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtDisclosureTextBlock" xlink:to="us-gaap_DebtDisclosureTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="us-gaap_DebtInstrumentAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentAxis_lbl" xml:lang="en-US" id="id_513966_568852_1_1">Debt Instrument [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DebtInstrumentAxis_lbl" xml:lang="en-US" id="id_513966_568852_2_1">Debt Instrument [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentAxis" xlink:to="us-gaap_DebtInstrumentAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentConvertibleInterestExpense" xlink:label="us-gaap_DebtInstrumentConvertibleInterestExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentConvertibleInterestExpense_lbl" xml:lang="en-US" id="id_513966_580946_1_1">Debt Instrument Convertible Interest Expense</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_DebtInstrumentConvertibleInterestExpense_lbl" xml:lang="en-US" id="id_513966_580946_8_1">Add: interest expense related to convertible notes</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentConvertibleInterestExpense" xlink:to="us-gaap_DebtInstrumentConvertibleInterestExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentDescription" xlink:label="us-gaap_DebtInstrumentDescription"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentDescription_lbl" xml:lang="en-US" id="id_513966_576845_1_1">Debt Instrument Description</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DebtInstrumentDescription_lbl" xml:lang="en-US" id="id_513966_576845_2_1">Loan agreement to redeem the Bonds, descriptions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentDescription" xlink:to="us-gaap_DebtInstrumentDescription_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentFaceAmount" xlink:label="us-gaap_DebtInstrumentFaceAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xml:lang="en-US" id="id_513966_568562_1_1">Debt Instrument Face Amount</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xml:lang="en-US" id="id_513966_568562_2_1">Face amount of debt the hedges effectively convert from fixed to floating through 2018</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentFaceAmount" xlink:to="us-gaap_DebtInstrumentFaceAmount_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xml:lang="en-US" id="id_513966_574119_1_1">Debt Instrument Interest Rate Stated Percentage</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xml:lang="en-US" id="id_513966_574119_2_1">Outstanding debt, interest rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:to="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="us-gaap_DebtInstrumentLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentLineItems_lbl" xml:lang="en-US" id="id_513966_575059_1_1">Debt Instrument [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DebtInstrumentLineItems_lbl" xml:lang="en-US" id="id_513966_575059_2_1">Debt Instrument [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentLineItems" xlink:to="us-gaap_DebtInstrumentLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="us-gaap_DebtInstrumentNameDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentNameDomain_lbl" xml:lang="en-US" id="id_513966_579268_1_1">Debt Instrument Name [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DebtInstrumentNameDomain_lbl" xml:lang="en-US" id="id_513966_579268_2_1">Debt Instrument, Name [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentNameDomain" xlink:to="us-gaap_DebtInstrumentNameDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentPeriodicPaymentInterest" xlink:label="us-gaap_DebtInstrumentPeriodicPaymentInterest"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentPeriodicPaymentInterest_lbl" xml:lang="en-US" id="id_513966_568644_1_1">Debt Instrument Periodic Payment Interest</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DebtInstrumentPeriodicPaymentInterest_lbl" xml:lang="en-US" id="id_513966_568644_2_1">Debt service requirements, interest maximum</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentPeriodicPaymentInterest" xlink:to="us-gaap_DebtInstrumentPeriodicPaymentInterest_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentPeriodicPaymentPrincipal" xlink:label="us-gaap_DebtInstrumentPeriodicPaymentPrincipal"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentPeriodicPaymentPrincipal_lbl" xml:lang="en-US" id="id_513966_567396_1_1">Debt Instrument Periodic Payment Principal</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DebtInstrumentPeriodicPaymentPrincipal_lbl" xml:lang="en-US" id="id_513966_567396_2_1">Debt service requirements, principal</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentPeriodicPaymentPrincipal" xlink:to="us-gaap_DebtInstrumentPeriodicPaymentPrincipal_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_DebtInstrumentRedemptionPricePercentageOfPrincipalAmount" xlink:label="aa_DebtInstrumentRedemptionPricePercentageOfPrincipalAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_DebtInstrumentRedemptionPricePercentageOfPrincipalAmount_lbl" xml:lang="en-US" id="id_513966_667407_3_1">Debt Instrument Redemption Price Percentage Of Principal Amount</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_DebtInstrumentRedemptionPricePercentageOfPrincipalAmount_lbl" xml:lang="en-US" id="id_513966_667407_1_1">Debt Instrument Redemption Price Percentage Of Principal Amount</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_DebtInstrumentRedemptionPricePercentageOfPrincipalAmount_lbl" xml:lang="en-US" id="id_513966_667407_2_1">Percentage of principal amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_DebtInstrumentRedemptionPricePercentageOfPrincipalAmount" xlink:to="aa_DebtInstrumentRedemptionPricePercentageOfPrincipalAmount_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_DebtInstrumentsMaturityDate" xlink:label="aa_DebtInstrumentsMaturityDate"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_DebtInstrumentsMaturityDate_lbl" xml:lang="en-US" id="id_513966_589213_3_1">Debt instruments maturity date.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_DebtInstrumentsMaturityDate_lbl" xml:lang="en-US" id="id_513966_589213_1_1">Debt Instruments Maturity Date</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_DebtInstrumentsMaturityDate_lbl" xml:lang="en-US" id="id_513966_589213_2_1">Debt instruments maturity date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_DebtInstrumentsMaturityDate" xlink:to="aa_DebtInstrumentsMaturityDate_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="us-gaap_DebtInstrumentTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentTable_lbl" xml:lang="en-US" id="id_513966_573776_1_1">Debt Instrument [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DebtInstrumentTable_lbl" xml:lang="en-US" id="id_513966_573776_2_1">Schedule of Long-term Debt Instruments [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentTable" xlink:to="us-gaap_DebtInstrumentTable_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_DebtWeightedAverageMaturityDays" xlink:label="aa_DebtWeightedAverageMaturityDays"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_DebtWeightedAverageMaturityDays_lbl" xml:lang="en-US" id="id_513966_594269_3_1">Debt weighted average maturity days.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_DebtWeightedAverageMaturityDays_lbl" xml:lang="en-US" id="id_513966_594269_1_1">Debt Weighted Average Maturity Days</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_DebtWeightedAverageMaturityDays_lbl" xml:lang="en-US" id="id_513966_594269_2_1">Weighted-average maturity days</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_DebtWeightedAverageMaturityDays" xlink:to="aa_DebtWeightedAverageMaturityDays_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit_lbl" xml:lang="en-US" id="id_513966_573468_1_1">Deferred Income Tax Expense Benefit</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit_lbl" xml:lang="en-US" id="id_513966_573468_2_1">Deferred income taxes</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:to="us-gaap_DeferredIncomeTaxExpenseBenefit_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_DeferredPriceCustomerReceivables" xlink:label="aa_DeferredPriceCustomerReceivables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_DeferredPriceCustomerReceivables_lbl" xml:lang="en-US" id="id_513966_592291_3_1">Deferred purchase price customer receivables</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_DeferredPriceCustomerReceivables_lbl" xml:lang="en-US" id="id_513966_592291_1_1">Deferred Price Customer Receivables</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_DeferredPriceCustomerReceivables_lbl" xml:lang="en-US" id="id_513966_592291_2_1">Deferred purchase price receivable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_DeferredPriceCustomerReceivables" xlink:to="aa_DeferredPriceCustomerReceivables_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxAssetsNetNoncurrent" xlink:label="us-gaap_DeferredTaxAssetsNetNoncurrent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsNetNoncurrent_lbl" xml:lang="en-US" id="id_513966_569156_1_1">Deferred Tax Assets Net Noncurrent</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DeferredTaxAssetsNetNoncurrent_lbl" xml:lang="en-US" id="id_513966_569156_2_1">Deferred income taxes</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DefinedBenefitPensionPlanLiabilitiesNoncurrent" xlink:label="us-gaap_DefinedBenefitPensionPlanLiabilitiesNoncurrent"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_EarningsPerShareAbstract_lbl" xml:lang="en-US" id="id_513966_567902_2_1">EARNINGS PER SHARE ATTRIBUTABLE TO ALCOA COMMON SHAREHOLDERS (J):</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareAbstract" xlink:to="us-gaap_EarningsPerShareAbstract_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xml:lang="en-US" id="id_513966_572741_1_1">Earnings Per Share Basic</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xml:lang="en-US" id="id_513966_572741_6_1">Net (loss) income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareBasic" xlink:to="us-gaap_EarningsPerShareBasic_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EarningsPerShareBasicAbstract" xlink:label="us-gaap_EarningsPerShareBasicAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareBasicAbstract_lbl" xml:lang="en-US" id="id_513966_579890_1_1">Earnings Per Share Basic [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_EarningsPerShareBasicAbstract_lbl" xml:lang="en-US" id="id_513966_579890_2_1">Basic:</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_EarningsPerShareBasicAndDilutedByCommonClassLineItems_lbl" xml:lang="en-US" id="id_513966_589035_3_1">Earnings Per Share Basic And Diluted By Common Class [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_EarningsPerShareBasicAndDilutedByCommonClassLineItems_lbl" xml:lang="en-US" id="id_513966_589035_1_1">Earnings Per Share Basic And Diluted By Common Class [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_EarningsPerShareBasicAndDilutedByCommonClassLineItems_lbl" xml:lang="en-US" id="id_513966_589035_2_1">Earnings Per Share Basic And Diluted By Common Class [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_EarningsPerShareBasicAndDilutedByCommonClassLineItems" xlink:to="aa_EarningsPerShareBasicAndDilutedByCommonClassLineItems_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xml:lang="en-US" id="id_513966_574191_1_1">Earnings Per Share Diluted</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xml:lang="en-US" id="id_513966_574191_6_1">Net (loss) income</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="us-gaap_EarningsPerShareDilutedAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareDilutedAbstract_lbl" xml:lang="en-US" id="id_513966_579847_1_1">Earnings Per Share Diluted [Abstract]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareTextBlock_lbl" xml:lang="en-US" id="id_513966_565723_1_1">Earnings Per Share [Text Block]</label>
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    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_EastStLouisSiteMember" xlink:label="aa_EastStLouisSiteMember"/>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="us-gaap_EffectiveIncomeTaxRateContinuingOperations"/>
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    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_EmbeddedCreditDerivativeMember" xlink:label="aa_EmbeddedCreditDerivativeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_EmbeddedCreditDerivativeMember_lbl" xml:lang="en-US" id="id_513966_590475_3_1">Embedded credit derivative [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_EmbeddedCreditDerivativeMember_lbl" xml:lang="en-US" id="id_513966_590475_1_1">Embedded Credit Derivative [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_EmbeddedCreditDerivativeMember_lbl" xml:lang="en-US" id="id_513966_590475_2_1">Embedded Credit Derivative [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_EmbeddedCreditDerivativeMember" xlink:to="aa_EmbeddedCreditDerivativeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EmployeeRelatedLiabilitiesCurrent" xlink:label="us-gaap_EmployeeRelatedLiabilitiesCurrent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EmployeeRelatedLiabilitiesCurrent_lbl" xml:lang="en-US" id="id_513966_566884_1_1">Employee Related Liabilities Current</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_EmployeeRelatedLiabilitiesCurrent_lbl" xml:lang="en-US" id="id_513966_566884_2_1">Accrued compensation and retirement costs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EmployeeRelatedLiabilitiesCurrent" xlink:to="us-gaap_EmployeeRelatedLiabilitiesCurrent_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EmployeeSeveranceMember" xlink:label="us-gaap_EmployeeSeveranceMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EmployeeSeveranceMember_lbl" xml:lang="en-US" id="id_513966_578806_1_1">Employee Severance [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_EmployeeSeveranceMember_lbl" xml:lang="en-US" id="id_513966_578806_2_1">Layoff Costs [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EmployeeSeveranceMember" xlink:to="us-gaap_EmployeeSeveranceMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_EnergyCapacityInstalled" xlink:label="aa_EnergyCapacityInstalled"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_EnergyCapacityInstalled_lbl" xml:lang="en-US" id="id_513966_591426_3_1">Energy capacity installed.</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_EnergyCapacityInstalled_lbl" xml:lang="en-US" id="id_513966_591426_2_1">Energy capacity installed, megawatts</label>
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    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_EnergyContractsMember" xlink:label="aa_EnergyContractsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_EnergyContractsMember_lbl" xml:lang="en-US" id="id_513966_590489_3_1">Energy Contracts [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_EnergyContractsMember_lbl" xml:lang="en-US" id="id_513966_590489_1_1">Energy Contracts [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_EnergyContractsMember_lbl" xml:lang="en-US" id="id_513966_590489_2_1">Energy Contracts [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_EnergyContractsMember" xlink:to="aa_EnergyContractsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_EngineeredProductsAndSolutionsMember" xlink:label="aa_EngineeredProductsAndSolutionsMember"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_EngineeredProductsAndSolutionsMember_lbl" xml:lang="en-US" id="id_513966_590486_1_1">Engineered Products And Solutions [Member]</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding"/>
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    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory"/>
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    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd#dei_EntityInformationLineItems" xlink:label="dei_EntityInformationLineItems"/>
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    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US" id="id_513966_565203_1_1">Entity Registrant Name</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US" id="id_513966_565203_2_1">Entity Registrant Name</label>
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    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_EnvironmentalLossContingenciesAdjustment" xlink:label="aa_EnvironmentalLossContingenciesAdjustment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_EnvironmentalLossContingenciesAdjustment_lbl" xml:lang="en-US" id="id_513966_592487_3_1">Environmental Loss Contingencies Adjustment</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_EnvironmentalLossContingenciesAdjustment_lbl" xml:lang="en-US" id="id_513966_592487_1_1">Environmental Loss Contingencies Adjustment</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_EnvironmentalLossContingenciesAdjustment_lbl" xml:lang="en-US" id="id_513966_592487_2_1">Remediation reserve adjustment</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EnvironmentalRemediationExpense" xlink:label="us-gaap_EnvironmentalRemediationExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EnvironmentalRemediationExpense_lbl" xml:lang="en-US" id="id_513966_580499_1_1">Environmental Remediation Expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_EnvironmentalRemediationExpense_lbl" xml:lang="en-US" id="id_513966_580499_2_1">Environmental remediation charges</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="us-gaap_EquityComponentDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EquityComponentDomain_lbl" xml:lang="en-US" id="id_513966_570467_1_1">Equity Component [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_EquityComponentDomain_lbl" xml:lang="en-US" id="id_513966_570467_2_1">Equity Component [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityComponentDomain" xlink:to="us-gaap_EquityComponentDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_EquityInvestmentPercentageOwnershipAcquired" xlink:label="aa_EquityInvestmentPercentageOwnershipAcquired"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_EquityInvestmentPercentageOwnershipAcquired_lbl" xml:lang="en-US" id="id_513966_593708_3_1">Equity Investment Percentage Ownership Acquired</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_EquityInvestmentPercentageOwnershipAcquired_lbl" xml:lang="en-US" id="id_513966_593708_1_1">Equity Investment Percentage Ownership Acquired</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_EquityInvestmentPercentageOwnershipAcquired_lbl" xml:lang="en-US" id="id_513966_593708_2_1">Percentage of total participation in the consortium</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EquityMethodInvestments" xlink:label="us-gaap_EquityMethodInvestments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EquityMethodInvestments_lbl" xml:lang="en-US" id="id_513966_571940_1_1">Equity Method Investments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_EquityMethodInvestments_lbl" xml:lang="en-US" id="id_513966_571940_2_1">Equity method investment, carrying value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityMethodInvestments" xlink:to="us-gaap_EquityMethodInvestments_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EquityUnitPurchaseAgreementsMember" xlink:label="us-gaap_EquityUnitPurchaseAgreementsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EquityUnitPurchaseAgreementsMember_lbl" xml:lang="en-US" id="id_513966_571138_1_1">Equity Unit Purchase Agreements [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_EquityUnitPurchaseAgreementsMember_lbl" xml:lang="en-US" id="id_513966_571138_2_1">Equity Unit Purchase Agreements [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EquityUnitPurchaseAgreementsMember" xlink:to="us-gaap_EquityUnitPurchaseAgreementsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_EstablishmentReserves" xlink:label="aa_EstablishmentReserves"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_EstablishmentReserves_lbl" xml:lang="en-US" id="id_513966_689434_3_1">Establishment Reserves</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_EstablishmentReserves_lbl" xml:lang="en-US" id="id_513966_689434_1_1">Establishment Reserves</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_EstablishmentReserves_lbl" xml:lang="en-US" id="id_513966_689434_2_1">Establishment reserve</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_EstablishmentReserves" xlink:to="aa_EstablishmentReserves_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_EsteirtoProjectMember" xlink:label="aa_EsteirtoProjectMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_EsteirtoProjectMember_lbl" xml:lang="en-US" id="id_513966_590496_3_1">Esteirto Project [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_EsteirtoProjectMember_lbl" xml:lang="en-US" id="id_513966_590496_1_1">Esteirto Project [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_EsteirtoProjectMember_lbl" xml:lang="en-US" id="id_513966_590496_2_1">Estreito Project [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_EsteirtoProjectMember" xlink:to="aa_EsteirtoProjectMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_EstimatedLossContingencySettlementAgreementConsiderationAmountPayable" xlink:label="aa_EstimatedLossContingencySettlementAgreementConsiderationAmountPayable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_EstimatedLossContingencySettlementAgreementConsiderationAmountPayable_lbl" xml:lang="en-US" id="id_513966_824062_3_1">Estimated Loss Contingency Settlement Agreement Consideration Amount Payable</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_EstimatedLossContingencySettlementAgreementConsiderationAmountPayable_lbl" xml:lang="en-US" id="id_513966_824062_1_1">Estimated Loss Contingency Settlement Agreement Consideration Amount Payable</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_EstimatedLossContingencySettlementAgreementConsiderationAmountPayable_lbl" xml:lang="en-US" id="id_513966_824062_2_1">Contingency settlement agreement amount payable</label>
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    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_EstimatedProjectCostOfConstructionAndMaintenance" xlink:label="aa_EstimatedProjectCostOfConstructionAndMaintenance"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_EstimatedProjectCostOfConstructionAndMaintenance_lbl" xml:lang="en-US" id="id_513966_592429_3_1">Estimated Project Cost Of Construction And Maintenance</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_EstimatedProjectCostOfConstructionAndMaintenance_lbl" xml:lang="en-US" id="id_513966_592429_1_1">Estimated Project Cost Of Construction And Maintenance</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_EstimatedProjectCostOfConstructionAndMaintenance_lbl" xml:lang="en-US" id="id_513966_592429_2_1">Estimated project costs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_EstimatedProjectCostOfConstructionAndMaintenance" xlink:to="aa_EstimatedProjectCostOfConstructionAndMaintenance_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_EstreitoHydroelectricPowerProjectMember" xlink:label="aa_EstreitoHydroelectricPowerProjectMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_EstreitoHydroelectricPowerProjectMember_lbl" xml:lang="en-US" id="id_513966_590500_3_1">Estreito Hydroelectric Power Project [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_EstreitoHydroelectricPowerProjectMember_lbl" xml:lang="en-US" id="id_513966_590500_1_1">Estreito Hydroelectric Power Project [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_EstreitoHydroelectricPowerProjectMember_lbl" xml:lang="en-US" id="id_513966_590500_2_1">Estreito Hydroelectric Power Project [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_EstreitoHydroelectricPowerProjectMember" xlink:to="aa_EstreitoHydroelectricPowerProjectMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities" xlink:label="us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_lbl" xml:lang="en-US" id="id_513966_579003_1_1">Excess Tax Benefit From Share Based Compensation Financing Activities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_lbl" xml:lang="en-US" id="id_513966_579003_2_1">Excess tax benefits from stock-based payment arrangements</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities" xlink:to="us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities" xlink:label="us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_lbl" xml:lang="en-US" id="id_513966_582157_1_1">Excess Tax Benefit From Share Based Compensation Operating Activities</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_lbl" xml:lang="en-US" id="id_513966_582157_8_1">Excess tax benefits from stock-based payment arrangements</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities" xlink:to="us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_ExpectedConsumerPriceIndex" xlink:label="aa_ExpectedConsumerPriceIndex"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_ExpectedConsumerPriceIndex_lbl" xml:lang="en-US" id="id_513966_824383_3_1">Expected Consumer Price Index</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_ExpectedConsumerPriceIndex_lbl" xml:lang="en-US" id="id_513966_824383_1_1">Expected Consumer Price Index</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_ExpectedConsumerPriceIndex_lbl" xml:lang="en-US" id="id_513966_824383_2_1">Expected Consumer price index</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_ExpectedConsumerPriceIndex" xlink:to="aa_ExpectedConsumerPriceIndex_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_ExpectedDateOfConsumerPriceIndex" xlink:label="aa_ExpectedDateOfConsumerPriceIndex"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_ExpectedDateOfConsumerPriceIndex_lbl" xml:lang="en-US" id="id_513966_824388_3_1">Expected Date Of Consumer Price Index</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_ExpectedDateOfConsumerPriceIndex_lbl" xml:lang="en-US" id="id_513966_824388_1_1">Expected Date Of Consumer Price Index</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_ExpectedDateOfConsumerPriceIndex_lbl" xml:lang="en-US" id="id_513966_824388_2_1">Expected Consumer price index, Year</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_ExpectedDateOfConsumerPriceIndex" xlink:to="aa_ExpectedDateOfConsumerPriceIndex_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_ExpectedFutureAluminumPrices" xlink:label="aa_ExpectedFutureAluminumPrices"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_ExpectedFutureAluminumPrices_lbl" xml:lang="en-US" id="id_513966_594156_3_1">Expected future aluminum prices.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_ExpectedFutureAluminumPrices_lbl" xml:lang="en-US" id="id_513966_594156_1_1">Expected Future Aluminum Prices</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_ExpectedFutureAluminumPrices_lbl" xml:lang="en-US" id="id_513966_594156_2_1">Expected future aluminum prices</label>
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    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_ExpectedFutureOilPrices" xlink:label="aa_ExpectedFutureOilPrices"/>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_lbl" xml:lang="en-US" id="id_513966_575629_1_1">Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_lbl" xml:lang="en-US" id="id_513966_575629_2_1">Fair Value Measurements, Recurring and Nonrecurring [Table]</label>
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    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInCostOfGoodsSold" xlink:label="aa_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInCostOfGoodsSold"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInCostOfGoodsSold_lbl" xml:lang="en-US" id="id_513966_592907_3_1">Fair value assets measured on recurring basis gain loss included in cost of goods sold.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInCostOfGoodsSold_lbl" xml:lang="en-US" id="id_513966_592907_1_1">Fair Value Assets Measured On Recurring Basis Gain Loss Included In Cost Of Goods Sold</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInCostOfGoodsSold_lbl" xml:lang="en-US" id="id_513966_592907_2_1">Cost of goods sold</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInCostOfGoodsSold" xlink:to="aa_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInCostOfGoodsSold_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherExpenses" xlink:label="aa_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherExpenses"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherExpenses_lbl" xml:lang="en-US" id="id_513966_592901_3_1">Fair Value Assets Measured On Recurring Basis Gain Loss Included In Other Expenses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherExpenses_lbl" xml:lang="en-US" id="id_513966_592901_1_1">Fair Value Assets Measured On Recurring Basis Gain Loss Included In Other Expenses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherExpenses_lbl" xml:lang="en-US" id="id_513966_592901_2_1">Other expenses, net</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherExpenses" xlink:to="aa_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInOtherExpenses_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInSales" xlink:label="aa_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInSales"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInSales_lbl" xml:lang="en-US" id="id_513966_592902_3_1">Fair value assets measured on recurring basis gain loss included in sales.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInSales_lbl" xml:lang="en-US" id="id_513966_592902_1_1">Fair Value Assets Measured On Recurring Basis Gain Loss Included In Sales</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInSales_lbl" xml:lang="en-US" id="id_513966_592902_2_1">Sales</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInSales" xlink:to="aa_FairValueAssetsMeasuredOnRecurringBasisGainLossIncludedInSales_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_lbl" xml:lang="en-US" id="id_513966_576727_1_1">Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation By Asset Class [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_lbl" xml:lang="en-US" id="id_513966_576727_2_1">Fair Value by Asset Class [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain" xlink:to="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_lbl" xml:lang="en-US" id="id_513966_571307_1_1">Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_lbl" xml:lang="en-US" id="id_513966_571307_2_1">Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:to="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_lbl" xml:lang="en-US" id="id_513966_570799_1_1">Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_lbl" xml:lang="en-US" id="id_513966_570799_2_1">Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:to="us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueByAssetClassAxis" xlink:label="us-gaap_FairValueByAssetClassAxis"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_FairValueByAssetClassAxis_lbl" xml:lang="en-US" id="id_513966_569824_2_1">Asset Class [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueByAssetClassAxis" xlink:to="us-gaap_FairValueByAssetClassAxis_lbl"/>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:to="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="us-gaap_FairValueInputsLevel1Member"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueInputsLevel1Member_lbl" xml:lang="en-US" id="id_513966_572933_1_1">Fair Value Inputs Level 1 [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_FairValueInputsLevel1Member_lbl" xml:lang="en-US" id="id_513966_572933_2_1">Level 1 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInputsLevel1Member" xlink:to="us-gaap_FairValueInputsLevel1Member_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueInputsLevel2Member_lbl" xml:lang="en-US" id="id_513966_573123_1_1">Fair Value Inputs Level 2 [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_FairValueInputsLevel2Member_lbl" xml:lang="en-US" id="id_513966_573123_2_1">Level 2 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInputsLevel2Member" xlink:to="us-gaap_FairValueInputsLevel2Member_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xml:lang="en-US" id="id_513966_567924_1_1">Fair Value Inputs Level 3 [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xml:lang="en-US" id="id_513966_567924_2_1">Level 3 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInputsLevel3Member" xlink:to="us-gaap_FairValueInputsLevel3Member_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_FairValueLevelThreeCategorizationByAssetTypeAxis_lbl" xml:lang="en-US" id="id_513966_589341_1_1">Fair Value Level Three Categorization By Asset Type [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_FairValueLevelThreeCategorizationByAssetTypeAxis_lbl" xml:lang="en-US" id="id_513966_589341_2_1">Fair Value Level Three Categorization By Asset Type [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_FairValueLevelThreeCategorizationByAssetTypeAxis" xlink:to="aa_FairValueLevelThreeCategorizationByAssetTypeAxis_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_FairValueLevelThreeCategorizationByAssetTypeDomain_lbl" xml:lang="en-US" id="id_513966_590522_3_1">Fair Value Level Three Categorization By Asset Type [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_FairValueLevelThreeCategorizationByAssetTypeDomain_lbl" xml:lang="en-US" id="id_513966_590522_1_1">Fair Value Level Three Categorization By Asset Type [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_FairValueLevelThreeCategorizationByAssetTypeDomain_lbl" xml:lang="en-US" id="id_513966_590522_2_1">Fair Value Level Three Categorization By Asset Type [Domain]</label>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:to="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetCostOfGoodsSold" xlink:label="aa_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetCostOfGoodsSold"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetCostOfGoodsSold_lbl" xml:lang="en-US" id="id_513966_592912_3_1">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Cost Of Goods Sold</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetCostOfGoodsSold_lbl" xml:lang="en-US" id="id_513966_592912_1_1">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Cost Of Goods Sold</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="aa_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetCostOfGoodsSold_lbl" xml:lang="en-US" id="id_513966_592912_8_1">Cost of goods sold</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetCostOfGoodsSold" xlink:to="aa_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetCostOfGoodsSold_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetForeignCurrencyTranslationAdjustments" xlink:label="aa_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetForeignCurrencyTranslationAdjustments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetForeignCurrencyTranslationAdjustments_lbl" xml:lang="en-US" id="id_513966_606211_3_1">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Foreign Currency Translation Adjustments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetForeignCurrencyTranslationAdjustments_lbl" xml:lang="en-US" id="id_513966_606211_1_1">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Foreign Currency Translation Adjustments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetForeignCurrencyTranslationAdjustments_lbl" xml:lang="en-US" id="id_513966_606211_2_1">Foreign currency translation</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss_lbl" xml:lang="en-US" id="id_513966_569033_1_1">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss_lbl" xml:lang="en-US" id="id_513966_569033_8_1">Other comprehensive loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss" xlink:to="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOtherExpenses" xlink:label="aa_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOtherExpenses"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOtherExpenses_lbl" xml:lang="en-US" id="id_513966_592916_3_1">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Other Expenses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOtherExpenses_lbl" xml:lang="en-US" id="id_513966_592916_1_1">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Other Expenses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOtherExpenses_lbl" xml:lang="en-US" id="id_513966_592916_2_1">Other expenses, net</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOtherExpenses" xlink:to="aa_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOtherExpenses_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements_lbl" xml:lang="en-US" id="id_513966_579579_1_1">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases Sales Issuances Settlements</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements_lbl" xml:lang="en-US" id="id_513966_579579_2_1">Purchases, sales, issuances, and settlements*</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements" xlink:to="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSalesIncreaseDecrease" xlink:label="aa_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSalesIncreaseDecrease"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSalesIncreaseDecrease_lbl" xml:lang="en-US" id="id_513966_592918_3_1">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales Increase Decrease</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSalesIncreaseDecrease_lbl" xml:lang="en-US" id="id_513966_592918_1_1">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales Increase Decrease</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSalesIncreaseDecrease_lbl" xml:lang="en-US" id="id_513966_592918_2_1">Sales</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSalesIncreaseDecrease" xlink:to="aa_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSalesIncreaseDecrease_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet_lbl" xml:lang="en-US" id="id_513966_577682_1_1">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet_lbl" xml:lang="en-US" id="id_513966_577682_2_1">Transfers into and (or) out of Level 3*</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet" xlink:to="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_lbl" xml:lang="en-US" id="id_513966_575468_1_1">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_lbl" xml:lang="en-US" id="id_513966_575468_4_1">Ending balance</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_lbl" xml:lang="en-US" id="id_513966_575468_5_1">Beginning balance</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_lbl" xml:lang="en-US" id="id_513966_575468_2_1">Net unrealized loss on derivative contracts</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:to="us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_FinancialInstrumentsOwnedAtCarryingValue" xlink:label="aa_FinancialInstrumentsOwnedAtCarryingValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_FinancialInstrumentsOwnedAtCarryingValue_lbl" xml:lang="en-US" id="id_513966_592950_3_1">Financial Instruments Owned At Carrying Value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_FinancialInstrumentsOwnedAtCarryingValue_lbl" xml:lang="en-US" id="id_513966_592950_1_1">Financial Instruments Owned At Carrying Value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_FinancialInstrumentsOwnedAtCarryingValue_lbl" xml:lang="en-US" id="id_513966_592950_2_1">Carrying value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_FinancialInstrumentsOwnedAtCarryingValue" xlink:to="aa_FinancialInstrumentsOwnedAtCarryingValue_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinancialInstrumentsOwnedAtFairValue_lbl" xml:lang="en-US" id="id_513966_580232_1_1">Financial Instruments Owned At Fair Value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_FinancialInstrumentsOwnedAtFairValue_lbl" xml:lang="en-US" id="id_513966_580232_2_1">Fair value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinancialInstrumentsOwnedAtFairValue" xlink:to="us-gaap_FinancialInstrumentsOwnedAtFairValue_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_FirstLoanAgreementMember" xlink:label="aa_FirstLoanAgreementMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_FirstLoanAgreementMember_lbl" xml:lang="en-US" id="id_513966_590576_3_1">First Loan Agreement [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_FirstLoanAgreementMember_lbl" xml:lang="en-US" id="id_513966_590576_1_1">First Loan Agreement [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_FirstLoanAgreementMember_lbl" xml:lang="en-US" id="id_513966_590576_2_1">First Loan Agreement [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_FirstLoanAgreementMember" xlink:to="aa_FirstLoanAgreementMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_ForeignCurrencyDerivativesMaturityDate" xlink:label="aa_ForeignCurrencyDerivativesMaturityDate"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_ForeignCurrencyDerivativesMaturityDate_lbl" xml:lang="en-US" id="id_513966_675208_3_1">Foreign Currency Derivatives Maturity Date</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_ForeignCurrencyDerivativesMaturityDate_lbl" xml:lang="en-US" id="id_513966_675208_1_1">Foreign Currency Derivatives Maturity Date</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_ForeignCurrencyDerivativesMaturityDate_lbl" xml:lang="en-US" id="id_513966_675208_2_1">Foreign currency exchange rate expected year</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ForeignCurrencyExchangeRateRemeasurement1_lbl" xml:lang="en-US" id="id_513966_573692_2_1">Foreign currency exchange rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ForeignCurrencyExchangeRateRemeasurement1" xlink:to="us-gaap_ForeignCurrencyExchangeRateRemeasurement1_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ForeignCurrencyExchangeRateTranslation1" xlink:label="us-gaap_ForeignCurrencyExchangeRateTranslation1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ForeignCurrencyExchangeRateTranslation1_lbl" xml:lang="en-US" id="id_513966_581733_1_1">Foreign Currency Exchange Rate Translation 1</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ForeignCurrencyExchangeRateTranslation1_lbl" xml:lang="en-US" id="id_513966_581733_2_1">Foreign currency exchange rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ForeignCurrencyExchangeRateTranslation1" xlink:to="us-gaap_ForeignCurrencyExchangeRateTranslation1_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_ForeignCurrencyTransactionGainLossAfterTax" xlink:label="aa_ForeignCurrencyTransactionGainLossAfterTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_ForeignCurrencyTransactionGainLossAfterTax_lbl" xml:lang="en-US" id="id_513966_592839_3_1">Foreign Currency Transaction Gain Loss After Tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_ForeignCurrencyTransactionGainLossAfterTax_lbl" xml:lang="en-US" id="id_513966_592839_1_1">Foreign Currency Transaction Gain Loss After Tax</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="aa_ForeignCurrencyTransactionGainLossAfterTax_lbl" xml:lang="en-US" id="id_513966_592839_8_1">Foreign currency (gains)losses, net</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_ForeignCurrencyTransactionGainLossAfterTax" xlink:to="aa_ForeignCurrencyTransactionGainLossAfterTax_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ForeignExchangeContractMember" xlink:label="us-gaap_ForeignExchangeContractMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ForeignExchangeContractMember_lbl" xml:lang="en-US" id="id_513966_571681_1_1">Foreign Exchange Contract [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ForeignExchangeContractMember_lbl" xml:lang="en-US" id="id_513966_571681_2_1">Foreign Exchange Contract [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ForeignExchangeContractMember" xlink:to="us-gaap_ForeignExchangeContractMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_FourthLoanAgreementMember" xlink:label="aa_FourthLoanAgreementMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_FourthLoanAgreementMember_lbl" xml:lang="en-US" id="id_513966_823951_3_1">Fourth Loan Agreement [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_FourthLoanAgreementMember_lbl" xml:lang="en-US" id="id_513966_823951_1_1">Fourth Loan Agreement [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_FourthLoanAgreementMember_lbl" xml:lang="en-US" id="id_513966_823951_2_1">Fourth Loan Agreement [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_FourthLoanAgreementMember" xlink:to="aa_FourthLoanAgreementMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_FundingOfCustomerReceivablesSold" xlink:label="aa_FundingOfCustomerReceivablesSold"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_FundingOfCustomerReceivablesSold_lbl" xml:lang="en-US" id="id_513966_592834_3_1">Funding of customer receivables sold</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_FundingOfCustomerReceivablesSold_lbl" xml:lang="en-US" id="id_513966_592834_1_1">Funding Of Customer Receivables Sold</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_FundingOfCustomerReceivablesSold_lbl" xml:lang="en-US" id="id_513966_592834_2_1">Funding of customer receivables sold</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_FundingOfCustomerReceivablesSold" xlink:to="aa_FundingOfCustomerReceivablesSold_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_FusinaSiteMember" xlink:label="aa_FusinaSiteMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_FusinaSiteMember_lbl" xml:lang="en-US" id="id_513966_590715_3_1">Fusina Site [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_FusinaSiteMember_lbl" xml:lang="en-US" id="id_513966_590715_1_1">Fusina Site [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_FusinaSiteMember_lbl" xml:lang="en-US" id="id_513966_590715_2_1">Fusina Site [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_FusinaSiteMember" xlink:to="aa_FusinaSiteMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GainLossOnDispositionOfAssets" xlink:label="us-gaap_GainLossOnDispositionOfAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnDispositionOfAssets_lbl" xml:lang="en-US" id="id_513966_570321_1_1">Gain Loss On Disposition Of Assets</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_GainLossOnDispositionOfAssets_lbl" xml:lang="en-US" id="id_513966_570321_8_1">Net (gain) loss from asset sales</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnDispositionOfAssets" xlink:to="us-gaap_GainLossOnDispositionOfAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GainLossOnFairValueHedgeIneffectivenessNet" xlink:label="us-gaap_GainLossOnFairValueHedgeIneffectivenessNet"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnFairValueHedgeIneffectivenessNet_lbl" xml:lang="en-US" id="id_513966_578520_1_1">Gain Loss On Fair Value Hedge Ineffectiveness Net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_GainLossOnFairValueHedgeIneffectivenessNet_lbl" xml:lang="en-US" id="id_513966_578520_2_1">Amount of Gain or (Loss) Recognized in Earnings on Hedged Items</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnFairValueHedgeIneffectivenessNet" xlink:to="us-gaap_GainLossOnFairValueHedgeIneffectivenessNet_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GainLossOnPriceRiskDerivativesNet" xlink:label="us-gaap_GainLossOnPriceRiskDerivativesNet"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnPriceRiskDerivativesNet_lbl" xml:lang="en-US" id="id_513966_576098_1_1">Gain Loss On Price Risk Derivatives Net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_GainLossOnPriceRiskDerivativesNet_lbl" xml:lang="en-US" id="id_513966_576098_2_1">Amount of Gain or (Loss) Recognized in Earnings on Derivatives</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnPriceRiskDerivativesNet" xlink:to="us-gaap_GainLossOnPriceRiskDerivativesNet_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GainLossOnSaleOfOtherAssets" xlink:label="us-gaap_GainLossOnSaleOfOtherAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnSaleOfOtherAssets_lbl" xml:lang="en-US" id="id_513966_582094_1_1">Gain Loss On Sale Of Other Assets</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_GainLossOnSaleOfOtherAssets_lbl" xml:lang="en-US" id="id_513966_582094_8_1">Net loss from investing activities - asset sales (H)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnSaleOfOtherAssets" xlink:to="us-gaap_GainLossOnSaleOfOtherAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GainLossOnSaleOfProject" xlink:label="us-gaap_GainLossOnSaleOfProject"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnSaleOfProject_lbl" xml:lang="en-US" id="id_513966_573710_1_1">Gain Loss On Sale Of Project</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_GainLossOnSaleOfProject_lbl" xml:lang="en-US" id="id_513966_573710_2_1">Gain from the sale of the Tapoco Hydroelectric Project</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnSaleOfProject" xlink:to="us-gaap_GainLossOnSaleOfProject_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_GainsAndLossesOnDerivativesTextBlock" xlink:label="aa_GainsAndLossesOnDerivativesTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_GainsAndLossesOnDerivativesTextBlock_lbl" xml:lang="en-US" id="id_513966_594486_3_1">Gains and losses on derivatives [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_GainsAndLossesOnDerivativesTextBlock_lbl" xml:lang="en-US" id="id_513966_594486_1_1">Gains And Losses On Derivatives [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_GainsAndLossesOnDerivativesTextBlock_lbl" xml:lang="en-US" id="id_513966_594486_2_1">Schedule of Gains and Losses on Derivative Representing Either Hedge Ineffectiveness or Hedge Components Excluded from Assessment of Effectiveness are Recognized in Current Earnings</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_GainsAndLossesOnDerivativesTextBlock" xlink:to="aa_GainsAndLossesOnDerivativesTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_GeographicOperationsAxis" xlink:label="aa_GeographicOperationsAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_GeographicOperationsAxis_lbl" xml:lang="en-US" id="id_513966_792557_3_1">Geographic Operations [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_GeographicOperationsAxis_lbl" xml:lang="en-US" id="id_513966_792557_1_1">Geographic Operations [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_GeographicOperationsAxis_lbl" xml:lang="en-US" id="id_513966_792557_2_1">Geographic Operations [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_GeographicOperationsAxis" xlink:to="aa_GeographicOperationsAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_GeographicOperationsDomain" xlink:label="aa_GeographicOperationsDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_GeographicOperationsDomain_lbl" xml:lang="en-US" id="id_513966_792558_3_1">Geographic Operations [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_GeographicOperationsDomain_lbl" xml:lang="en-US" id="id_513966_792558_1_1">Geographic Operations [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_GeographicOperationsDomain_lbl" xml:lang="en-US" id="id_513966_792558_2_1">Geographic Operations [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_GeographicOperationsDomain" xlink:to="aa_GeographicOperationsDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_GlobalRolledProductsMember" xlink:label="aa_GlobalRolledProductsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_GlobalRolledProductsMember_lbl" xml:lang="en-US" id="id_513966_590724_3_1">Global Rolled Products [Member].</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_GlobalRolledProductsMember_lbl" xml:lang="en-US" id="id_513966_590724_1_1">Global Rolled Products [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_GlobalRolledProductsMember_lbl" xml:lang="en-US" id="id_513966_590724_2_1">Global Rolled Products [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_GlobalRolledProductsMember" xlink:to="aa_GlobalRolledProductsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_Goodwill" xlink:label="us-gaap_Goodwill"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Goodwill_lbl" xml:lang="en-US" id="id_513966_573780_1_1">Goodwill</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_Goodwill_lbl" xml:lang="en-US" id="id_513966_573780_2_1">Goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Goodwill" xlink:to="us-gaap_Goodwill_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GoodwillAllocationAdjustment" xlink:label="us-gaap_GoodwillAllocationAdjustment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GoodwillAllocationAdjustment_lbl" xml:lang="en-US" id="id_513966_582285_1_1">Goodwill Allocation Adjustment</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_GoodwillAllocationAdjustment_lbl" xml:lang="en-US" id="id_513966_582285_2_1">Allocation of goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GoodwillAllocationAdjustment" xlink:to="us-gaap_GoodwillAllocationAdjustment_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_GrasseRiverMember" xlink:label="aa_GrasseRiverMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_GrasseRiverMember_lbl" xml:lang="en-US" id="id_513966_590697_3_1">Grasse River [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_GrasseRiverMember_lbl" xml:lang="en-US" id="id_513966_590697_1_1">Grasse River [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_GrasseRiverMember_lbl" xml:lang="en-US" id="id_513966_590697_2_1">Grasse River [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_GrasseRiverMember" xlink:to="aa_GrasseRiverMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_GuaranteeExpirationYear" xlink:label="aa_GuaranteeExpirationYear"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_GuaranteeExpirationYear_lbl" xml:lang="en-US" id="id_513966_591433_3_1">Guarantee expiration year</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_GuaranteeExpirationYear_lbl" xml:lang="en-US" id="id_513966_591433_1_1">Guarantee Expiration Year</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_GuaranteeExpirationYear_lbl" xml:lang="en-US" id="id_513966_591433_2_1">Guarantee expiration year</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_GuaranteeExpirationYear" xlink:to="aa_GuaranteeExpirationYear_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GuaranteeObligationsCurrentCarryingValue" xlink:label="us-gaap_GuaranteeObligationsCurrentCarryingValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GuaranteeObligationsCurrentCarryingValue_lbl" xml:lang="en-US" id="id_513966_580820_1_1">Guarantee Obligations Current Carrying Value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_GuaranteeObligationsCurrentCarryingValue_lbl" xml:lang="en-US" id="id_513966_580820_2_1">Guarantee issued on behalf of smelting and rolling mill companies</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GuaranteeObligationsCurrentCarryingValue" xlink:to="us-gaap_GuaranteeObligationsCurrentCarryingValue_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_HedgingRelationshipDomain" xlink:label="us-gaap_HedgingRelationshipDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_HedgingRelationshipDomain_lbl" xml:lang="en-US" id="id_513966_575549_1_1">Hedging Relationship [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_HedgingRelationshipDomain_lbl" xml:lang="en-US" id="id_513966_575549_2_1">Hedging Relationship [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_HedgingRelationshipDomain" xlink:to="us-gaap_HedgingRelationshipDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeAmountsAttributableToReportingEntityDisclosuresAbstract" xlink:label="us-gaap_IncomeAmountsAttributableToReportingEntityDisclosuresAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeAmountsAttributableToReportingEntityDisclosuresAbstract_lbl" xml:lang="en-US" id="id_513966_577972_1_1">Income Amounts Attributable To Reporting Entity Disclosures [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_IncomeAmountsAttributableToReportingEntityDisclosuresAbstract_lbl" xml:lang="en-US" id="id_513966_577972_2_1">AMOUNTS ATTRIBUTABLE TO ALCOA COMMON SHAREHOLDERS:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeAmountsAttributableToReportingEntityDisclosuresAbstract" xlink:to="us-gaap_IncomeAmountsAttributableToReportingEntityDisclosuresAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeLossFromContinuingOperations" xlink:label="us-gaap_IncomeLossFromContinuingOperations"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeLossFromContinuingOperations_lbl" xml:lang="en-US" id="id_513966_570260_1_1">Income Loss From Continuing Operations</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_IncomeLossFromContinuingOperations_lbl" xml:lang="en-US" id="id_513966_570260_2_1">(Loss) income from continuing operations</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncomeLossFromContinuingOperations_lbl" xml:lang="en-US" id="id_513966_570260_12_1">(Loss) income from continuing operations attributable to Alcoa common shareholders</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromContinuingOperations" xlink:to="us-gaap_IncomeLossFromContinuingOperations_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_IncomeLossFromContinuingOperationsAvailableToCommonEquity" xlink:label="aa_IncomeLossFromContinuingOperationsAvailableToCommonEquity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_IncomeLossFromContinuingOperationsAvailableToCommonEquity_lbl" xml:lang="en-US" id="id_513966_593212_3_1">Income or loss from continuing operations after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period).</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_IncomeLossFromContinuingOperationsAvailableToCommonEquity_lbl" xml:lang="en-US" id="id_513966_593212_1_1">Income Loss From Continuing Operations Available To Common Equity</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="aa_IncomeLossFromContinuingOperationsAvailableToCommonEquity_lbl" xml:lang="en-US" id="id_513966_593212_6_1">(Loss) income from continuing operations available to common equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_IncomeLossFromContinuingOperationsAvailableToCommonEquity" xlink:to="aa_IncomeLossFromContinuingOperationsAvailableToCommonEquity_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_IncomeLossFromContinuingOperationsAvailableToCommonShareholders" xlink:label="aa_IncomeLossFromContinuingOperationsAvailableToCommonShareholders"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_IncomeLossFromContinuingOperationsAvailableToCommonShareholders_lbl" xml:lang="en-US" id="id_513966_593213_3_1">Income or loss from continuing operations after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period) and dividends and undistributed earnings allocated to participating securities.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_IncomeLossFromContinuingOperationsAvailableToCommonShareholders_lbl" xml:lang="en-US" id="id_513966_593213_1_1">Income Loss From Continuing Operations Available To Common Shareholders</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="aa_IncomeLossFromContinuingOperationsAvailableToCommonShareholders_lbl" xml:lang="en-US" id="id_513966_593213_6_1">(Loss) income from continuing operations available to Alcoa common shareholders - basic</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_IncomeLossFromContinuingOperationsAvailableToCommonShareholders" xlink:to="aa_IncomeLossFromContinuingOperationsAvailableToCommonShareholders_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_IncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted" xlink:label="aa_IncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_IncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted_lbl" xml:lang="en-US" id="id_513966_593214_3_1">Income Loss From Continuing Operations Available To Common Shareholders - Diluted.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_IncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted_lbl" xml:lang="en-US" id="id_513966_593214_1_1">Income Loss From Continuing Operations Available To Common Shareholders Diluted</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedLiabilities" xlink:label="us-gaap_IncreaseDecreaseInAccruedLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInAccruedLiabilities_lbl" xml:lang="en-US" id="id_513966_580910_1_1">Increase Decrease In Accrued Liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_IncreaseDecreaseInAccruedLiabilities_lbl" xml:lang="en-US" id="id_513966_580910_2_1">(Decrease) in accrued expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccruedLiabilities" xlink:to="us-gaap_IncreaseDecreaseInAccruedLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedTaxesPayable" xlink:label="us-gaap_IncreaseDecreaseInAccruedTaxesPayable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInAccruedTaxesPayable_lbl" xml:lang="en-US" id="id_513966_579025_1_1">Increase Decrease In Accrued Taxes Payable</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_IncreaseDecreaseInAccruedTaxesPayable_lbl" xml:lang="en-US" id="id_513966_579025_2_1">Increase in taxes, including income taxes</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccruedTaxesPayable" xlink:to="us-gaap_IncreaseDecreaseInAccruedTaxesPayable_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInAssetsHeldForSale" xlink:label="us-gaap_IncreaseDecreaseInAssetsHeldForSale"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInAssetsHeldForSale_lbl" xml:lang="en-US" id="id_513966_580805_1_1">Increase Decrease In Assets Held For Sale</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_IncreaseDecreaseInAssetsHeldForSale_lbl" xml:lang="en-US" id="id_513966_580805_8_1">(Increase) in net assets held for sale</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAssetsHeldForSale" xlink:to="us-gaap_IncreaseDecreaseInAssetsHeldForSale_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInInventories" xlink:label="us-gaap_IncreaseDecreaseInInventories"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInInventories_lbl" xml:lang="en-US" id="id_513966_573066_1_1">Increase Decrease In Inventories</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_IncreaseDecreaseInInventories_lbl" xml:lang="en-US" id="id_513966_573066_8_1">(Increase) in inventories</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInInventories" xlink:to="us-gaap_IncreaseDecreaseInInventories_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xml:lang="en-US" id="id_513966_574428_1_1">Increase Decrease In Operating Capital [Abstract]</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingAssets_lbl" xml:lang="en-US" id="id_513966_566721_1_1">Increase Decrease In Other Operating Assets</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingAssets_lbl" xml:lang="en-US" id="id_513966_566721_8_1">Decrease (increase) in noncurrent assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:to="us-gaap_IncreaseDecreaseInOtherOperatingAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingLiabilities" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_lbl" xml:lang="en-US" id="id_513966_566069_1_1">Increase Decrease In Other Operating Liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_lbl" xml:lang="en-US" id="id_513966_566069_2_1">Increase in noncurrent liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities" xlink:to="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:label="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_lbl" xml:lang="en-US" id="id_513966_576362_1_1">Increase Decrease In Prepaid Deferred Expense And Other Assets</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_lbl" xml:lang="en-US" id="id_513966_576362_8_1">(Increase) decrease in prepaid expenses and other current assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:to="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInReceivables" xlink:label="us-gaap_IncreaseDecreaseInReceivables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInReceivables_lbl" xml:lang="en-US" id="id_513966_573647_1_1">Increase Decrease In Receivables</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_IncreaseDecreaseInReceivables_lbl" xml:lang="en-US" id="id_513966_573647_8_1">(Increase) in receivables (L)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInReceivables" xlink:to="us-gaap_IncreaseDecreaseInReceivables_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_IncreaseInEstimatedCostToCompleteProject" xlink:label="aa_IncreaseInEstimatedCostToCompleteProject"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_IncreaseInEstimatedCostToCompleteProject_lbl" xml:lang="en-US" id="id_513966_593193_3_1">Increase in estimated cost to complete project.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_IncreaseInEstimatedCostToCompleteProject_lbl" xml:lang="en-US" id="id_513966_593193_1_1">Increase In Estimated Cost To Complete Project</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_IncreaseInEstimatedCostToCompleteProject_lbl" xml:lang="en-US" id="id_513966_593193_2_1">Increase in estimated cost to complete project</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_IncreaseInEstimatedCostToCompleteProject" xlink:to="aa_IncreaseInEstimatedCostToCompleteProject_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToConversionOfDebtSecurities" xlink:label="us-gaap_IncrementalCommonSharesAttributableToConversionOfDebtSecurities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncrementalCommonSharesAttributableToConversionOfDebtSecurities_lbl" xml:lang="en-US" id="id_513966_568552_1_1">Incremental Common Shares Attributable To Conversion Of Debt Securities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_IncrementalCommonSharesAttributableToConversionOfDebtSecurities_lbl" xml:lang="en-US" id="id_513966_568552_2_1">Convertible notes</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncrementalCommonSharesAttributableToConversionOfDebtSecurities" xlink:to="us-gaap_IncrementalCommonSharesAttributableToConversionOfDebtSecurities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends" xlink:label="us-gaap_IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends_lbl" xml:lang="en-US" id="id_513966_576638_1_1">Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends_lbl" xml:lang="en-US" id="id_513966_576638_2_1">Stock and performance awards</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends" xlink:to="us-gaap_IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:label="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_lbl" xml:lang="en-US" id="id_513966_570663_1_1">Incremental Common Shares Attributable To Share Based Payment Arrangements</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_lbl" xml:lang="en-US" id="id_513966_570663_2_1">Stock options</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:to="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassLineItems" xlink:label="us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassLineItems_lbl" xml:lang="en-US" id="id_513966_578948_1_1">Indefinite Lived Intangible Assets By Major Class [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassLineItems_lbl" xml:lang="en-US" id="id_513966_578948_2_1">Indefinite-lived Intangible Assets [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassLineItems" xlink:to="us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InterestExpense" xlink:label="us-gaap_InterestExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestExpense_lbl" xml:lang="en-US" id="id_513966_580920_1_1">Interest Expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InterestExpense_lbl" xml:lang="en-US" id="id_513966_580920_2_1">Interest expense</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_InterestExpense_lbl" xml:lang="en-US" id="id_513966_580920_8_1">Interest expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpense" xlink:to="us-gaap_InterestExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InterestExpenseMember" xlink:label="us-gaap_InterestExpenseMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestExpenseMember_lbl" xml:lang="en-US" id="id_513966_579005_1_1">Interest Expense [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InterestExpenseMember_lbl" xml:lang="en-US" id="id_513966_579005_2_1">Interest Expense [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpenseMember" xlink:to="us-gaap_InterestExpenseMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InterestRateContractMember" xlink:label="us-gaap_InterestRateContractMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestRateContractMember_lbl" xml:lang="en-US" id="id_513966_567659_1_1">Interest Rate Contract [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InterestRateContractMember_lbl" xml:lang="en-US" id="id_513966_567659_2_1">Interest Rate Contract [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestRateContractMember" xlink:to="us-gaap_InterestRateContractMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_InterestRateContractOneMember" xlink:label="aa_InterestRateContractOneMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_InterestRateContractOneMember_lbl" xml:lang="en-US" id="id_513966_590829_3_1">Interest Rate Contract One [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_InterestRateContractOneMember_lbl" xml:lang="en-US" id="id_513966_590829_1_1">Interest Rate Contract One [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_InterestRateContractOneMember_lbl" xml:lang="en-US" id="id_513966_590829_2_1">Interest Rate Contract [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_InterestRateContractOneMember" xlink:to="aa_InterestRateContractOneMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_InterrelationshipOfFutureAluminumAndOilPricesMember" xlink:label="aa_InterrelationshipOfFutureAluminumAndOilPricesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_InterrelationshipOfFutureAluminumAndOilPricesMember_lbl" xml:lang="en-US" id="id_513966_590854_3_1">Interrelationship Of Future Aluminum And Oil Prices [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_InterrelationshipOfFutureAluminumAndOilPricesMember_lbl" xml:lang="en-US" id="id_513966_590854_1_1">Interrelationship Of Future Aluminum And Oil Prices [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_InterrelationshipOfFutureAluminumAndOilPricesMember_lbl" xml:lang="en-US" id="id_513966_590854_2_1">Interrelationship Of Future Aluminum And Oil Prices [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_InterrelationshipOfFutureAluminumAndOilPricesMember" xlink:to="aa_InterrelationshipOfFutureAluminumAndOilPricesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_InterrelationshipOfFutureAluminumPricesForeignCurrencyExchangeRatesAndUSConsumerPriceIndexMember" xlink:label="aa_InterrelationshipOfFutureAluminumPricesForeignCurrencyExchangeRatesAndUSConsumerPriceIndexMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_InterrelationshipOfFutureAluminumPricesForeignCurrencyExchangeRatesAndUSConsumerPriceIndexMember_lbl" xml:lang="en-US" id="id_513966_824365_3_1">Interrelationship Of Future Aluminum Prices, Foreign Currency Exchange Rates, And US Consumer Price Index [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_InterrelationshipOfFutureAluminumPricesForeignCurrencyExchangeRatesAndUSConsumerPriceIndexMember_lbl" xml:lang="en-US" id="id_513966_824365_1_1">Interrelationship Of Future Aluminum Prices Foreign Currency Exchange Rates And U S Consumer Price Index [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_InterrelationshipOfFutureAluminumPricesForeignCurrencyExchangeRatesAndUSConsumerPriceIndexMember_lbl" xml:lang="en-US" id="id_513966_824365_2_1">Interrelationship Of Future Aluminum Prices, Foreign Currency Exchange Rates, And US Consumer Price Index [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_InterrelationshipOfFutureAluminumPricesForeignCurrencyExchangeRatesAndUSConsumerPriceIndexMember" xlink:to="aa_InterrelationshipOfFutureAluminumPricesForeignCurrencyExchangeRatesAndUSConsumerPriceIndexMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InventoryDisclosureTextBlock" xlink:label="us-gaap_InventoryDisclosureTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InventoryDisclosureTextBlock_lbl" xml:lang="en-US" id="id_513966_569868_1_1">Inventory Disclosure [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InventoryDisclosureTextBlock_lbl" xml:lang="en-US" id="id_513966_569868_2_1">Inventories</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryDisclosureTextBlock" xlink:to="us-gaap_InventoryDisclosureTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InventoryFinishedGoodsNetOfReserves" xlink:label="us-gaap_InventoryFinishedGoodsNetOfReserves"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InventoryFinishedGoodsNetOfReserves_lbl" xml:lang="en-US" id="id_513966_571811_1_1">Inventory Finished Goods Net Of Reserves</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InventoryFinishedGoodsNetOfReserves_lbl" xml:lang="en-US" id="id_513966_571811_2_1">Finished goods</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryFinishedGoodsNetOfReserves" xlink:to="us-gaap_InventoryFinishedGoodsNetOfReserves_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_InventoryLineItems" xlink:label="aa_InventoryLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_InventoryLineItems_lbl" xml:lang="en-US" id="id_513966_608744_3_1">Inventory [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_InventoryLineItems_lbl" xml:lang="en-US" id="id_513966_608744_1_1">Inventory [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_InventoryLineItems_lbl" xml:lang="en-US" id="id_513966_608744_2_1">Inventory [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_InventoryLineItems" xlink:to="aa_InventoryLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InventoryNet" xlink:label="us-gaap_InventoryNet"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InventoryNet_lbl" xml:lang="en-US" id="id_513966_571361_1_1">Inventory Net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InventoryNet_lbl" xml:lang="en-US" id="id_513966_571361_2_1">Inventories (E)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_InventoryNet_lbl" xml:lang="en-US" id="id_513966_571361_6_1">Inventories</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryNet" xlink:to="us-gaap_InventoryNet_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InventoryRawMaterialsNetOfReserves" xlink:label="us-gaap_InventoryRawMaterialsNetOfReserves"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InventoryRawMaterialsNetOfReserves_lbl" xml:lang="en-US" id="id_513966_575953_1_1">Inventory Raw Materials Net Of Reserves</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InventoryRawMaterialsNetOfReserves_lbl" xml:lang="en-US" id="id_513966_575953_2_1">Purchased raw materials</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryRawMaterialsNetOfReserves" xlink:to="us-gaap_InventoryRawMaterialsNetOfReserves_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InventorySuppliesNetOfReserves" xlink:label="us-gaap_InventorySuppliesNetOfReserves"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InventorySuppliesNetOfReserves_lbl" xml:lang="en-US" id="id_513966_577965_1_1">Inventory Supplies Net Of Reserves</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InventorySuppliesNetOfReserves_lbl" xml:lang="en-US" id="id_513966_577965_2_1">Operating supplies</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventorySuppliesNetOfReserves" xlink:to="us-gaap_InventorySuppliesNetOfReserves_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_InventoryTable" xlink:label="aa_InventoryTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_InventoryTable_lbl" xml:lang="en-US" id="id_513966_628661_3_1">Inventory [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_InventoryTable_lbl" xml:lang="en-US" id="id_513966_628661_1_1">Inventory [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_InventoryTable_lbl" xml:lang="en-US" id="id_513966_628661_2_1">Inventory [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_InventoryTable" xlink:to="aa_InventoryTable_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InventoryWorkInProcessNetOfReserves" xlink:label="us-gaap_InventoryWorkInProcessNetOfReserves"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InventoryWorkInProcessNetOfReserves_lbl" xml:lang="en-US" id="id_513966_566657_1_1">Inventory Work In Process Net Of Reserves</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InventoryWorkInProcessNetOfReserves_lbl" xml:lang="en-US" id="id_513966_566657_2_1">Work-in-process</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InventoryWorkInProcessNetOfReserves" xlink:to="us-gaap_InventoryWorkInProcessNetOfReserves_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2012/invest-2012-01-31.xsd#invest_InvestmentAxis" xlink:label="invest_InvestmentAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="invest_InvestmentAxis_lbl" xml:lang="en-US" id="id_513966_565330_1_1">Investment [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="invest_InvestmentAxis_lbl" xml:lang="en-US" id="id_513966_565330_2_1">Investment [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="invest_InvestmentAxis" xlink:to="invest_InvestmentAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2012/invest-2012-01-31.xsd#invest_InvestmentDomain" xlink:label="invest_InvestmentDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="invest_InvestmentDomain_lbl" xml:lang="en-US" id="id_513966_565318_1_1">Investment [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="invest_InvestmentDomain_lbl" xml:lang="en-US" id="id_513966_565318_2_1">Investment [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="invest_InvestmentDomain" xlink:to="invest_InvestmentDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2012/invest-2012-01-31.xsd#invest_InvestmentForeignCurrencyContractForeignCurrencyAmount" xlink:label="invest_InvestmentForeignCurrencyContractForeignCurrencyAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="invest_InvestmentForeignCurrencyContractForeignCurrencyAmount_lbl" xml:lang="en-US" id="id_513966_565276_1_1">Investment Foreign Currency Contract Foreign Currency Amount</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="invest_InvestmentForeignCurrencyContractForeignCurrencyAmount_lbl" xml:lang="en-US" id="id_513966_565276_2_1">Forward contract to purchase to mitigate the foreign currency risk related to a Canadian-denominated loan due in 2014</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="invest_InvestmentForeignCurrencyContractForeignCurrencyAmount" xlink:to="invest_InvestmentForeignCurrencyContractForeignCurrencyAmount_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InvestmentIncomeInterest" xlink:label="us-gaap_InvestmentIncomeInterest"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentIncomeInterest_lbl" xml:lang="en-US" id="id_513966_567063_1_1">Investment Income Interest</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_InvestmentIncomeInterest_lbl" xml:lang="en-US" id="id_513966_567063_8_1">Interest income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentIncomeInterest" xlink:to="us-gaap_InvestmentIncomeInterest_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_InvestmentInEquityAffiliates" xlink:label="aa_InvestmentInEquityAffiliates"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_InvestmentInEquityAffiliates_lbl" xml:lang="en-US" id="id_513966_593085_3_1">Investment In Equity Affiliates</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_InvestmentInEquityAffiliates_lbl" xml:lang="en-US" id="id_513966_593085_1_1">Investment In Equity Affiliates</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_InvestmentInEquityAffiliates_lbl" xml:lang="en-US" id="id_513966_593085_2_1">Initial cash investment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_InvestmentInEquityAffiliates" xlink:to="aa_InvestmentInEquityAffiliates_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_InvestmentPercentage" xlink:label="aa_InvestmentPercentage"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_InvestmentPercentage_lbl" xml:lang="en-US" id="id_513966_593818_3_1">Investment percentage</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_InvestmentPercentage_lbl" xml:lang="en-US" id="id_513966_593818_1_1">Investment Percentage</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_InvestmentPercentage_lbl" xml:lang="en-US" id="id_513966_593818_2_1">Investment percentage</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_InvestmentPercentage" xlink:to="aa_InvestmentPercentage_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_ItalianGovernmentMember" xlink:label="aa_ItalianGovernmentMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_ItalianGovernmentMember_lbl" xml:lang="en-US" id="id_513966_590804_3_1">Italian Government [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_ItalianGovernmentMember_lbl" xml:lang="en-US" id="id_513966_590804_1_1">Italian Government [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_ItalianGovernmentMember_lbl" xml:lang="en-US" id="id_513966_590804_2_1">Italian Government [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_ItalianGovernmentMember" xlink:to="aa_ItalianGovernmentMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_LeaseTerminationMember" xlink:label="aa_LeaseTerminationMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_LeaseTerminationMember_lbl" xml:lang="en-US" id="id_513966_649859_3_1">Lease Termination [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_LeaseTerminationMember_lbl" xml:lang="en-US" id="id_513966_649859_1_1">Lease Termination [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_LeaseTerminationMember_lbl" xml:lang="en-US" id="id_513966_649859_2_1">Lease Termination Costs [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_LeaseTerminationMember" xlink:to="aa_LeaseTerminationMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd#dei_LegalEntityAxis" xlink:label="dei_LegalEntityAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LegalEntityAxis_lbl" xml:lang="en-US" id="id_513966_565220_1_1">Legal Entity [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="dei_LegalEntityAxis_lbl" xml:lang="en-US" id="id_513966_565220_2_1">Legal Entity [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LegalEntityAxis" xlink:to="dei_LegalEntityAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_LengthOfTransmissionLine" xlink:label="aa_LengthOfTransmissionLine"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_LengthOfTransmissionLine_lbl" xml:lang="en-US" id="id_513966_683095_3_1">Length Of Transmission Line</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_LengthOfTransmissionLine_lbl" xml:lang="en-US" id="id_513966_683095_1_1">Length Of Transmission Line</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_LengthOfTransmissionLine_lbl" xml:lang="en-US" id="id_513966_683095_2_1">Length of transmission line</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_LengthOfTransmissionLine" xlink:to="aa_LengthOfTransmissionLine_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_Liabilities" xlink:label="us-gaap_Liabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Liabilities_lbl" xml:lang="en-US" id="id_513966_574733_1_1">Liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_Liabilities_lbl" xml:lang="en-US" id="id_513966_574733_6_1">Total liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Liabilities" xlink:to="us-gaap_Liabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="us-gaap_LiabilitiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xml:lang="en-US" id="id_513966_572284_1_1">Liabilities [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xml:lang="en-US" id="id_513966_572284_2_1">LIABILITIES</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAbstract" xlink:to="us-gaap_LiabilitiesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xml:lang="en-US" id="id_513966_572914_1_1">Liabilities And Stockholders Equity</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xml:lang="en-US" id="id_513966_572914_6_1">Total liabilities and equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAndStockholdersEquity" xlink:to="us-gaap_LiabilitiesAndStockholdersEquity_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilitiesCurrent" xlink:label="us-gaap_LiabilitiesCurrent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesCurrent_lbl" xml:lang="en-US" id="id_513966_568115_1_1">Liabilities Current</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_LiabilitiesCurrent_lbl" xml:lang="en-US" id="id_513966_568115_6_1">Total current liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesCurrent" xlink:to="us-gaap_LiabilitiesCurrent_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilitiesCurrentAbstract" xlink:label="us-gaap_LiabilitiesCurrentAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesCurrentAbstract_lbl" xml:lang="en-US" id="id_513966_567853_1_1">Liabilities Current [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LiabilitiesCurrentAbstract_lbl" xml:lang="en-US" id="id_513966_567853_2_1">Current liabilities:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesCurrentAbstract" xlink:to="us-gaap_LiabilitiesCurrentAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LineOfCredit" xlink:label="us-gaap_LineOfCredit"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCredit_lbl" xml:lang="en-US" id="id_513966_570485_1_1">Line Of Credit</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LineOfCredit_lbl" xml:lang="en-US" id="id_513966_570485_2_1">Credit facility</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCredit" xlink:to="us-gaap_LineOfCredit_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LineOfCreditFacilityAmountOutstanding" xlink:label="us-gaap_LineOfCreditFacilityAmountOutstanding"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityAmountOutstanding_lbl" xml:lang="en-US" id="id_513966_572472_1_1">Line Of Credit Facility Amount Outstanding</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LineOfCreditFacilityAmountOutstanding_lbl" xml:lang="en-US" id="id_513966_572472_2_1">Line Of Credit Facility Amount Outstanding</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityAmountOutstanding" xlink:to="us-gaap_LineOfCreditFacilityAmountOutstanding_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LineOfCreditFacilityExpirationDate1" xlink:label="us-gaap_LineOfCreditFacilityExpirationDate1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityExpirationDate1_lbl" xml:lang="en-US" id="id_513966_572983_1_1">Line Of Credit Facility Expiration Date 1</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LineOfCreditFacilityExpirationDate1_lbl" xml:lang="en-US" id="id_513966_572983_2_1">Line of credit facility, expiration date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityExpirationDate1" xlink:to="us-gaap_LineOfCreditFacilityExpirationDate1_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_LineOfCreditFacilityTerm" xlink:label="aa_LineOfCreditFacilityTerm"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_LineOfCreditFacilityTerm_lbl" xml:lang="en-US" id="id_513966_589277_3_1">Line Of Credit Facility, Term</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_LineOfCreditFacilityTerm_lbl" xml:lang="en-US" id="id_513966_589277_1_1">Line Of Credit Facility Term</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_LineOfCreditFacilityTerm_lbl" xml:lang="en-US" id="id_513966_589277_2_1">Revolving credit facility, term</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_LineOfCreditFacilityTerm" xlink:to="aa_LineOfCreditFacilityTerm_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_LitigationCaseTypeAxis" xlink:label="aa_LitigationCaseTypeAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_LitigationCaseTypeAxis_lbl" xml:lang="en-US" id="id_513966_589316_3_1">Litigation Case Type [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_LitigationCaseTypeAxis_lbl" xml:lang="en-US" id="id_513966_589316_1_1">Litigation Case Type [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_LitigationCaseTypeAxis_lbl" xml:lang="en-US" id="id_513966_589316_2_1">Litigation Case Type [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_LitigationCaseTypeAxis" xlink:to="aa_LitigationCaseTypeAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LitigationCaseTypeDomain" xlink:label="us-gaap_LitigationCaseTypeDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LitigationCaseTypeDomain_lbl" xml:lang="en-US" id="id_513966_569833_1_1">Litigation Case Type [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LitigationCaseTypeDomain_lbl" xml:lang="en-US" id="id_513966_569833_2_1">Litigation Case Type [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LitigationCaseTypeDomain" xlink:to="us-gaap_LitigationCaseTypeDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_LitigationMatterMember" xlink:label="aa_LitigationMatterMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_LitigationMatterMember_lbl" xml:lang="en-US" id="id_513966_590970_3_1">Litigation Matter [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_LitigationMatterMember_lbl" xml:lang="en-US" id="id_513966_590970_1_1">Litigation Matter [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_LitigationMatterMember_lbl" xml:lang="en-US" id="id_513966_590970_2_1">Litigation Matter [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_LitigationMatterMember" xlink:to="aa_LitigationMatterMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LitigationReserve" xlink:label="us-gaap_LitigationReserve"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LitigationReserve_lbl" xml:lang="en-US" id="id_513966_572967_1_1">Litigation Reserve</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LitigationReserve_lbl" xml:lang="en-US" id="id_513966_572967_2_1">Litigation reserve</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LitigationReserve" xlink:to="us-gaap_LitigationReserve_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LitigationSettlementExpense" xlink:label="us-gaap_LitigationSettlementExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LitigationSettlementExpense_lbl" xml:lang="en-US" id="id_513966_579425_1_1">Litigation Settlement Expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LitigationSettlementExpense_lbl" xml:lang="en-US" id="id_513966_579425_2_1">Civil litigation matter</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LitigationSettlementExpense" xlink:to="us-gaap_LitigationSettlementExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LongTermDebtAndCapitalLeaseObligations" xlink:label="us-gaap_LongTermDebtAndCapitalLeaseObligations"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtAndCapitalLeaseObligations_lbl" xml:lang="en-US" id="id_513966_568959_1_1">Long Term Debt And Capital Lease Obligations</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LongTermDebtAndCapitalLeaseObligations_lbl" xml:lang="en-US" id="id_513966_568959_2_1">Long-term debt, less amount due within one year (F)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtAndCapitalLeaseObligations" xlink:to="us-gaap_LongTermDebtAndCapitalLeaseObligations_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent" xlink:label="us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent_lbl" xml:lang="en-US" id="id_513966_581727_1_1">Long Term Debt And Capital Lease Obligations Current</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent_lbl" xml:lang="en-US" id="id_513966_581727_2_1">Long-term debt due within one year (F)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent" xlink:to="us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_LongTermDebtDueWithinOneYearMember" xlink:label="aa_LongTermDebtDueWithinOneYearMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_LongTermDebtDueWithinOneYearMember_lbl" xml:lang="en-US" id="id_513966_590916_3_1">Long-term debt due within one year [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_LongTermDebtDueWithinOneYearMember_lbl" xml:lang="en-US" id="id_513966_590916_1_1">Long Term Debt Due Within One Year [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_LongTermDebtDueWithinOneYearMember_lbl" xml:lang="en-US" id="id_513966_590916_2_1">Long Term Debt Due Within One Year [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_LongTermDebtDueWithinOneYearMember" xlink:to="aa_LongTermDebtDueWithinOneYearMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="us-gaap_LongTermDebtFairValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtFairValue_lbl" xml:lang="en-US" id="id_513966_566934_1_1">Long Term Debt Fair Value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LongTermDebtFairValue_lbl" xml:lang="en-US" id="id_513966_566934_2_1">Long-term debt, fair value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtFairValue" xlink:to="us-gaap_LongTermDebtFairValue_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LongTermDebtMember" xlink:label="us-gaap_LongTermDebtMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtMember_lbl" xml:lang="en-US" id="id_513966_566906_1_1">Long Term Debt [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LongTermDebtMember_lbl" xml:lang="en-US" id="id_513966_566906_2_1">Long-Term Debt, Less Amount Due Within One Year [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtMember" xlink:to="us-gaap_LongTermDebtMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LongtermDebtTypeAxis" xlink:label="us-gaap_LongtermDebtTypeAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongtermDebtTypeAxis_lbl" xml:lang="en-US" id="id_513966_579415_1_1">Longterm Debt Type [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LongtermDebtTypeAxis_lbl" xml:lang="en-US" id="id_513966_579415_2_1">Long-term Debt, Type [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongtermDebtTypeAxis" xlink:to="us-gaap_LongtermDebtTypeAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LongtermDebtTypeDomain" xlink:label="us-gaap_LongtermDebtTypeDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongtermDebtTypeDomain_lbl" xml:lang="en-US" id="id_513966_573322_1_1">Longterm Debt Type [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LongtermDebtTypeDomain_lbl" xml:lang="en-US" id="id_513966_573322_2_1">Long-term Debt, Type [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongtermDebtTypeDomain" xlink:to="us-gaap_LongtermDebtTypeDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LongTermInvestments" xlink:label="us-gaap_LongTermInvestments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermInvestments_lbl" xml:lang="en-US" id="id_513966_578260_1_1">Long Term Investments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LongTermInvestments_lbl" xml:lang="en-US" id="id_513966_578260_2_1">Capital investment</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_LongTermInvestments_lbl" xml:lang="en-US" id="id_513966_578260_12_1">Investments (G)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermInvestments" xlink:to="us-gaap_LongTermInvestments_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_LongTermNonPublicDebtNoncurrent" xlink:label="aa_LongTermNonPublicDebtNoncurrent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_LongTermNonPublicDebtNoncurrent_lbl" xml:lang="en-US" id="id_513966_824432_3_1">Long-Term Non-Public Debt, Noncurrent</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_LongTermNonPublicDebtNoncurrent_lbl" xml:lang="en-US" id="id_513966_824432_1_1">Long Term Non Public Debt Noncurrent</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="aa_LongTermNonPublicDebtNoncurrent_lbl" xml:lang="en-US" id="id_513966_824432_8_1">Fair value hierarchy for non-public debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_LongTermNonPublicDebtNoncurrent" xlink:to="aa_LongTermNonPublicDebtNoncurrent_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_LongTermPublicDebtNoncurrent" xlink:label="aa_LongTermPublicDebtNoncurrent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_LongTermPublicDebtNoncurrent_lbl" xml:lang="en-US" id="id_513966_815878_3_1">Long-Term Public Debt, Noncurrent</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_LongTermPublicDebtNoncurrent_lbl" xml:lang="en-US" id="id_513966_815878_1_1">Long Term Public Debt Noncurrent</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="aa_LongTermPublicDebtNoncurrent_lbl" xml:lang="en-US" id="id_513966_815878_8_1">Fair value hierarchy for public debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_LongTermPublicDebtNoncurrent" xlink:to="aa_LongTermPublicDebtNoncurrent_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_LossContingenciesByClaimAxis" xlink:label="aa_LossContingenciesByClaimAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_LossContingenciesByClaimAxis_lbl" xml:lang="en-US" id="id_513966_675226_3_1">Loss Contingencies By Claim [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_LossContingenciesByClaimAxis_lbl" xml:lang="en-US" id="id_513966_675226_1_1">Loss Contingencies By Claim [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_LossContingenciesByClaimAxis_lbl" xml:lang="en-US" id="id_513966_675226_2_1">Loss Contingencies By Claim [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_LossContingenciesByClaimAxis" xlink:to="aa_LossContingenciesByClaimAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_LossContingenciesByClaimDomain" xlink:label="aa_LossContingenciesByClaimDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_LossContingenciesByClaimDomain_lbl" xml:lang="en-US" id="id_513966_675225_3_1">Loss Contingencies By Claim [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_LossContingenciesByClaimDomain_lbl" xml:lang="en-US" id="id_513966_675225_1_1">Loss Contingencies By Claim [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_LossContingenciesByClaimDomain_lbl" xml:lang="en-US" id="id_513966_675225_2_1">Loss Contingencies By Claim [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_LossContingenciesByClaimDomain" xlink:to="aa_LossContingenciesByClaimDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LossContingenciesByNatureOfContingencyAxis" xlink:label="us-gaap_LossContingenciesByNatureOfContingencyAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LossContingenciesByNatureOfContingencyAxis_lbl" xml:lang="en-US" id="id_513966_580152_1_1">Loss Contingencies By Nature Of Contingency [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LossContingenciesByNatureOfContingencyAxis_lbl" xml:lang="en-US" id="id_513966_580152_2_1">Loss Contingency Nature [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LossContingenciesByNatureOfContingencyAxis" xlink:to="us-gaap_LossContingenciesByNatureOfContingencyAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LossContingenciesLineItems" xlink:label="us-gaap_LossContingenciesLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LossContingenciesLineItems_lbl" xml:lang="en-US" id="id_513966_578900_1_1">Loss Contingencies [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LossContingenciesLineItems_lbl" xml:lang="en-US" id="id_513966_578900_2_1">Loss Contingencies [Line Items]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LossContingenciesTable_lbl" xml:lang="en-US" id="id_513966_578247_2_1">Loss Contingencies [Table]</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LossContingencyDamagesAwardedValue" xlink:label="us-gaap_LossContingencyDamagesAwardedValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LossContingencyDamagesAwardedValue_lbl" xml:lang="en-US" id="id_513966_572765_1_1">Loss Contingency Damages Awarded Value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LossContingencyDamagesAwardedValue_lbl" xml:lang="en-US" id="id_513966_572765_2_1">Court granted motion for judgment</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LossContingencyDamagesSoughtValue" xlink:label="us-gaap_LossContingencyDamagesSoughtValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LossContingencyDamagesSoughtValue_lbl" xml:lang="en-US" id="id_513966_582222_1_1">Loss Contingency Damages Sought Value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LossContingencyDamagesSoughtValue_lbl" xml:lang="en-US" id="id_513966_582222_2_1">Damages claimed, value</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LossContingencyEstimateOfPossibleLoss" xlink:label="us-gaap_LossContingencyEstimateOfPossibleLoss"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LossContingencyEstimateOfPossibleLoss_lbl" xml:lang="en-US" id="id_513966_566790_1_1">Loss Contingency Estimate Of Possible Loss</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LossContingencyEstimateOfPossibleLoss_lbl" xml:lang="en-US" id="id_513966_566790_2_1">Management estimate for maximum exposure from class action</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LossContingencyEstimateOfPossibleLoss" xlink:to="us-gaap_LossContingencyEstimateOfPossibleLoss_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_LossContingencyEstimateOfPossibleLossIncludingSurchargesAndInterest" xlink:label="aa_LossContingencyEstimateOfPossibleLossIncludingSurchargesAndInterest"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_LossContingencyEstimateOfPossibleLossIncludingSurchargesAndInterest_lbl" xml:lang="en-US" id="id_513966_747717_3_1">Loss Contingency Estimate Of Possible Loss Including Surcharges And Interest</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_LossContingencyEstimateOfPossibleLossIncludingSurchargesAndInterest_lbl" xml:lang="en-US" id="id_513966_747717_1_1">Loss Contingency Estimate Of Possible Loss Including Surcharges And Interest</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_LossContingencyEstimateOfPossibleLossIncludingSurchargesAndInterest_lbl" xml:lang="en-US" id="id_513966_747717_2_1">Estimated contingency settlement changes, net of tax</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_LossContingencyEstimateOfPossibleLossIncludingSurchargesAndInterest" xlink:to="aa_LossContingencyEstimateOfPossibleLossIncludingSurchargesAndInterest_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LossContingencyNatureDomain" xlink:label="us-gaap_LossContingencyNatureDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LossContingencyNatureDomain_lbl" xml:lang="en-US" id="id_513966_577259_1_1">Loss Contingency Nature [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LossContingencyNatureDomain_lbl" xml:lang="en-US" id="id_513966_577259_2_1">Loss Contingency, Nature [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LossContingencyNatureDomain" xlink:to="us-gaap_LossContingencyNatureDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LossContingencyRangeOfPossibleLossMaximum" xlink:label="us-gaap_LossContingencyRangeOfPossibleLossMaximum"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LossContingencyRangeOfPossibleLossMaximum_lbl" xml:lang="en-US" id="id_513966_566614_1_1">Loss Contingency Range Of Possible Loss Maximum</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LossContingencyRangeOfPossibleLossMaximum_lbl" xml:lang="en-US" id="id_513966_566614_2_1">Alcoa's maximum exposure to loss in projects</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LossContingencyRangeOfPossibleLossMaximum" xlink:to="us-gaap_LossContingencyRangeOfPossibleLossMaximum_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LossContingencyRangeOfPossibleLossMinimum" xlink:label="us-gaap_LossContingencyRangeOfPossibleLossMinimum"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LossContingencyRangeOfPossibleLossMinimum_lbl" xml:lang="en-US" id="id_513966_570905_1_1">Loss Contingency Range Of Possible Loss Minimum</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LossContingencyRangeOfPossibleLossMinimum_lbl" xml:lang="en-US" id="id_513966_570905_2_1">Range of reasonable possible loss, minimum</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LossContingencyRangeOfPossibleLossMinimum" xlink:to="us-gaap_LossContingencyRangeOfPossibleLossMinimum_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_LossContingencyRecoveryFromThirdParty" xlink:label="aa_LossContingencyRecoveryFromThirdParty"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_LossContingencyRecoveryFromThirdParty_lbl" xml:lang="en-US" id="id_513966_689450_3_1">Loss Contingency, Recovery from Third Party</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_LossContingencyRecoveryFromThirdParty_lbl" xml:lang="en-US" id="id_513966_689450_1_1">Loss Contingency Recovery From Third Party</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_LossContingencyRecoveryFromThirdParty_lbl" xml:lang="en-US" id="id_513966_689450_2_1">Recovery amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_LossContingencyRecoveryFromThirdParty" xlink:to="aa_LossContingencyRecoveryFromThirdParty_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_LossContingencySettlementAgreementAmount" xlink:label="aa_LossContingencySettlementAgreementAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_LossContingencySettlementAgreementAmount_lbl" xml:lang="en-US" id="id_513966_797629_3_1">Loss Contingency Settlement Agreement Amount</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_LossContingencySettlementAgreementAmount_lbl" xml:lang="en-US" id="id_513966_797629_1_1">Loss Contingency Settlement Agreement Amount</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_LossContingencySettlementAgreementAmount_lbl" xml:lang="en-US" id="id_513966_797629_2_1">Contingency settlement agreement amount, total</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_LossContingencySettlementAgreementAmount" xlink:to="aa_LossContingencySettlementAgreementAmount_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_LossContingencySettlementAgreementConsiderationAmount" xlink:label="aa_LossContingencySettlementAgreementConsiderationAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_LossContingencySettlementAgreementConsiderationAmount_lbl" xml:lang="en-US" id="id_513966_727180_3_1">Loss Contingency Settlement Agreement Consideration Amount</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_LossContingencySettlementAgreementConsiderationAmount_lbl" xml:lang="en-US" id="id_513966_727180_1_1">Loss Contingency Settlement Agreement Consideration Amount</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_LossContingencySettlementAgreementConsiderationAmount_lbl" xml:lang="en-US" id="id_513966_727180_2_1">Contingency settlement agreement amount paid</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_LossContingencySettlementAgreementConsiderationAmount" xlink:to="aa_LossContingencySettlementAgreementConsiderationAmount_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LossContingencySettlementAgreementTerms" xlink:label="us-gaap_LossContingencySettlementAgreementTerms"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LossContingencySettlementAgreementTerms_lbl" xml:lang="en-US" id="id_513966_580927_1_1">Loss Contingency Settlement Agreement Terms</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LossContingencySettlementAgreementTerms_lbl" xml:lang="en-US" id="id_513966_580927_2_1">Contingency settlement agreement future payable date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LossContingencySettlementAgreementTerms" xlink:to="us-gaap_LossContingencySettlementAgreementTerms_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_LossContingencySettlementAmount" xlink:label="aa_LossContingencySettlementAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_LossContingencySettlementAmount_lbl" xml:lang="en-US" id="id_513966_672231_3_1">Loss Contingency Settlement Amount</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_LossContingencySettlementAmount_lbl" xml:lang="en-US" id="id_513966_672231_1_1">Loss Contingency Settlement Amount</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_LossContingencySettlementAmount_lbl" xml:lang="en-US" id="id_513966_672231_2_1">Cash payment for suit settlement</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_LossContingencySettlementAmount" xlink:to="aa_LossContingencySettlementAmount_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_MaadenJointVentureMember" xlink:label="aa_MaadenJointVentureMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_MaadenJointVentureMember_lbl" xml:lang="en-US" id="id_513966_590959_3_1">Maaden Joint Venture [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_MaadenJointVentureMember_lbl" xml:lang="en-US" id="id_513966_590959_1_1">Maaden Joint Venture [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_MaadenJointVentureMember_lbl" xml:lang="en-US" id="id_513966_590959_2_1">Maaden Joint Venture [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_MaadenJointVentureMember" xlink:to="aa_MaadenJointVentureMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_MachadinhoAndBarraGrandeMember" xlink:label="aa_MachadinhoAndBarraGrandeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_MachadinhoAndBarraGrandeMember_lbl" xml:lang="en-US" id="id_513966_590960_3_1">Machadinho and Barra Grande [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_MachadinhoAndBarraGrandeMember_lbl" xml:lang="en-US" id="id_513966_590960_1_1">Machadinho And Barra Grande [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_MachadinhoAndBarraGrandeMember_lbl" xml:lang="en-US" id="id_513966_590960_2_1">Machadinho And Barra Grande [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_MachadinhoAndBarraGrandeMember" xlink:to="aa_MachadinhoAndBarraGrandeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_MachadinhoMember" xlink:label="aa_MachadinhoMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_MachadinhoMember_lbl" xml:lang="en-US" id="id_513966_590961_3_1">Machadinho [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_MachadinhoMember_lbl" xml:lang="en-US" id="id_513966_590961_1_1">Machadinho [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_MachadinhoMember_lbl" xml:lang="en-US" id="id_513966_590961_2_1">Machadinho [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_MachadinhoMember" xlink:to="aa_MachadinhoMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_MarginDepositAssets" xlink:label="us-gaap_MarginDepositAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MarginDepositAssets_lbl" xml:lang="en-US" id="id_513966_574642_1_1">Margin Deposit Assets</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_MarginDepositAssets_lbl" xml:lang="en-US" id="id_513966_574642_8_1">Margin held</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MarginDepositAssets" xlink:to="us-gaap_MarginDepositAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_MarginHeldMember" xlink:label="aa_MarginHeldMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_MarginHeldMember_lbl" xml:lang="en-US" id="id_513966_590966_3_1">Margin held [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_MarginHeldMember_lbl" xml:lang="en-US" id="id_513966_590966_1_1">Margin Held [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_MarginHeldMember_lbl" xml:lang="en-US" id="id_513966_590966_2_1">Margin Held [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_MarginHeldMember" xlink:to="aa_MarginHeldMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_MarginPostedMember" xlink:label="aa_MarginPostedMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_MarginPostedMember_lbl" xml:lang="en-US" id="id_513966_590967_3_1">Margin Posted [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_MarginPostedMember_lbl" xml:lang="en-US" id="id_513966_590967_1_1">Margin Posted [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_MarginPostedMember_lbl" xml:lang="en-US" id="id_513966_590967_2_1">Less Margin Posted [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_MarginPostedMember" xlink:to="aa_MarginPostedMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_MassenaNyMember" xlink:label="aa_MassenaNyMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_MassenaNyMember_lbl" xml:lang="en-US" id="id_513966_590953_3_1">Massena, NY [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_MassenaNyMember_lbl" xml:lang="en-US" id="id_513966_590953_1_1">Massena Ny [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_MassenaNyMember_lbl" xml:lang="en-US" id="id_513966_590953_2_1">Massena Ny [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_MassenaNyMember" xlink:to="aa_MassenaNyMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_MaturityDataOfAluminumBeyondForwardCurve" xlink:label="aa_MaturityDataOfAluminumBeyondForwardCurve"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_MaturityDataOfAluminumBeyondForwardCurve_lbl" xml:lang="en-US" id="id_513966_591431_3_1">Maturity data of aluminum beyond forward curve.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_MaturityDataOfAluminumBeyondForwardCurve_lbl" xml:lang="en-US" id="id_513966_591431_1_1">Maturity Data Of Aluminum Beyond Forward Curve</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_MaturityDataOfAluminumBeyondForwardCurve_lbl" xml:lang="en-US" id="id_513966_591431_2_1">Maturity data of aluminum beyond forward curve</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_MaturityDataOfAluminumBeyondForwardCurve" xlink:to="aa_MaturityDataOfAluminumBeyondForwardCurve_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_MaturityDataOfFutureAluminumPrice" xlink:label="aa_MaturityDataOfFutureAluminumPrice"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_MaturityDataOfFutureAluminumPrice_lbl" xml:lang="en-US" id="id_513966_824451_3_1">Maturity Data Of Future Aluminum Price</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_MaturityDataOfFutureAluminumPrice_lbl" xml:lang="en-US" id="id_513966_824451_1_1">Maturity Data Of Future Aluminum Price</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_MaturityDataOfFutureAluminumPrice_lbl" xml:lang="en-US" id="id_513966_824451_2_1">Maturity year of future aluminum price</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_MaturityDataOfFutureAluminumPrice" xlink:to="aa_MaturityDataOfFutureAluminumPrice_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_MaturityDateOfElectricityBeyondForwardCurve" xlink:label="aa_MaturityDateOfElectricityBeyondForwardCurve"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_MaturityDateOfElectricityBeyondForwardCurve_lbl" xml:lang="en-US" id="id_513966_591432_3_1">Maturity date of electricity beyond forward curve.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_MaturityDateOfElectricityBeyondForwardCurve_lbl" xml:lang="en-US" id="id_513966_591432_1_1">Maturity Date Of Electricity Beyond Forward Curve</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_MaturityDateOfElectricityBeyondForwardCurve_lbl" xml:lang="en-US" id="id_513966_591432_2_1">Maturity date of electricity beyond forward curve</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_MaturityDateOfElectricityBeyondForwardCurve" xlink:to="aa_MaturityDateOfElectricityBeyondForwardCurve_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_MaximumAmountOfCashPaymentsExpectedToBePaidBeyondCurrentAnnualPeriod" xlink:label="aa_MaximumAmountOfCashPaymentsExpectedToBePaidBeyondCurrentAnnualPeriod"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_MaximumAmountOfCashPaymentsExpectedToBePaidBeyondCurrentAnnualPeriod_lbl" xml:lang="en-US" id="id_513966_592976_3_1">The maximum amount of cash payments expected to be paid beyond the end of the current annual period related to restructuring charges such as ongoing site remediation work, special termination benefit payments, least termination costs, among others.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_MaximumAmountOfCashPaymentsExpectedToBePaidBeyondCurrentAnnualPeriod_lbl" xml:lang="en-US" id="id_513966_592976_1_1">Maximum Amount Of Cash Payments Expected To Be Paid Beyond Current Annual Period</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_MaximumAmountOfCashPaymentsExpectedToBePaidBeyondCurrentAnnualPeriod_lbl" xml:lang="en-US" id="id_513966_592976_2_1">Maximum amount of cash payments expected to be paid beyond the end of the current annual period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_MaximumAmountOfCashPaymentsExpectedToBePaidBeyondCurrentAnnualPeriod" xlink:to="aa_MaximumAmountOfCashPaymentsExpectedToBePaidBeyondCurrentAnnualPeriod_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_MaximumMember" xlink:label="us-gaap_MaximumMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MaximumMember_lbl" xml:lang="en-US" id="id_513966_577223_1_1">Maximum [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_MaximumMember_lbl" xml:lang="en-US" id="id_513966_577223_2_1">Maximum [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MaximumMember" xlink:to="us-gaap_MaximumMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_MaximumNumberOfDaysPriorNoticeToHoldersForRedemptionOfBonds" xlink:label="aa_MaximumNumberOfDaysPriorNoticeToHoldersForRedemptionOfBonds"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_MaximumNumberOfDaysPriorNoticeToHoldersForRedemptionOfBonds_lbl" xml:lang="en-US" id="id_513966_824009_3_1">Maximum Number Of Days Prior Notice To Holders For Redemption Of Bonds</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_MaximumNumberOfDaysPriorNoticeToHoldersForRedemptionOfBonds_lbl" xml:lang="en-US" id="id_513966_824009_1_1">Maximum Number Of Days Prior Notice To Holders For Redemption Of Bonds</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_MaximumNumberOfDaysPriorNoticeToHoldersForRedemptionOfBonds_lbl" xml:lang="en-US" id="id_513966_824009_2_1">Maximum number of days prior notice to redeem bonds</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_MaximumNumberOfDaysPriorNoticeToHoldersForRedemptionOfBonds" xlink:to="aa_MaximumNumberOfDaysPriorNoticeToHoldersForRedemptionOfBonds_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock" xlink:label="us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_lbl" xml:lang="en-US" id="id_513966_578093_1_1">Mergers Acquisitions And Dispositions Disclosures [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_lbl" xml:lang="en-US" id="id_513966_578093_2_1">Acquisitions And Divestitures</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock" xlink:to="us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_MinimumAmountOfCashPaymentsExpectedToBePaidBeyondCurrentAnnualPeriod" xlink:label="aa_MinimumAmountOfCashPaymentsExpectedToBePaidBeyondCurrentAnnualPeriod"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_MinimumAmountOfCashPaymentsExpectedToBePaidBeyondCurrentAnnualPeriod_lbl" xml:lang="en-US" id="id_513966_593503_3_1">The minimum amount of cash payments expected to be paid beyond the end of the current annual period related to restructuring charges such as ongoing site remediation work, special termination benefit payments, least termination costs, among others.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_MinimumAmountOfCashPaymentsExpectedToBePaidBeyondCurrentAnnualPeriod_lbl" xml:lang="en-US" id="id_513966_593503_1_1">Minimum Amount Of Cash Payments Expected To Be Paid Beyond Current Annual Period</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_MinimumAmountOfCashPaymentsExpectedToBePaidBeyondCurrentAnnualPeriod_lbl" xml:lang="en-US" id="id_513966_593503_2_1">Minimum amount of cash payments expected to be paid beyond the end of the current annual period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_MinimumAmountOfCashPaymentsExpectedToBePaidBeyondCurrentAnnualPeriod" xlink:to="aa_MinimumAmountOfCashPaymentsExpectedToBePaidBeyondCurrentAnnualPeriod_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_MinimumMember" xlink:label="us-gaap_MinimumMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MinimumMember_lbl" xml:lang="en-US" id="id_513966_577073_1_1">Minimum [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_MinimumMember_lbl" xml:lang="en-US" id="id_513966_577073_2_1">Minimum [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MinimumMember" xlink:to="us-gaap_MinimumMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_MinimumNumberOfDaysPriorNoticeToHoldersForRedemptionOfBonds" xlink:label="aa_MinimumNumberOfDaysPriorNoticeToHoldersForRedemptionOfBonds"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_MinimumNumberOfDaysPriorNoticeToHoldersForRedemptionOfBonds_lbl" xml:lang="en-US" id="id_513966_824008_3_1">Minimum Number Of Days Prior Notice To Holders For Redemption Of Bonds</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_MinimumNumberOfDaysPriorNoticeToHoldersForRedemptionOfBonds_lbl" xml:lang="en-US" id="id_513966_824008_1_1">Minimum Number Of Days Prior Notice To Holders For Redemption Of Bonds</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_MinimumNumberOfDaysPriorNoticeToHoldersForRedemptionOfBonds_lbl" xml:lang="en-US" id="id_513966_824008_2_1">Minimum number of days prior notice to redeem bonds</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_MinimumNumberOfDaysPriorNoticeToHoldersForRedemptionOfBonds" xlink:to="aa_MinimumNumberOfDaysPriorNoticeToHoldersForRedemptionOfBonds_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_MinorityInterest" xlink:label="us-gaap_MinorityInterest"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MinorityInterest_lbl" xml:lang="en-US" id="id_513966_571441_1_1">Minority Interest</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_MinorityInterest_lbl" xml:lang="en-US" id="id_513966_571441_2_1">Noncontrolling interests</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MinorityInterest" xlink:to="us-gaap_MinorityInterest_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders" xlink:label="us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_lbl" xml:lang="en-US" id="id_513966_569878_1_1">Minority Interest Decrease From Distributions To Noncontrolling Interest Holders</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_lbl" xml:lang="en-US" id="id_513966_569878_8_1">Distributions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders" xlink:to="us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_MinorityInterestRemainingOwnershipPercentageByNoncontrollingOwners" xlink:label="aa_MinorityInterestRemainingOwnershipPercentageByNoncontrollingOwners"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_MinorityInterestRemainingOwnershipPercentageByNoncontrollingOwners_lbl" xml:lang="en-US" id="id_513966_756880_3_1">Minority Interest Remaining Ownership Percentage By Noncontrolling Owners</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_MinorityInterestRemainingOwnershipPercentageByNoncontrollingOwners_lbl" xml:lang="en-US" id="id_513966_756880_1_1">Minority Interest Remaining Ownership Percentage By Noncontrolling Owners</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_MinorityInterestRemainingOwnershipPercentageByNoncontrollingOwners_lbl" xml:lang="en-US" id="id_513966_756880_2_1">Percentage of equity interest</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_MinorityInterestRemainingOwnershipPercentageByNoncontrollingOwners" xlink:to="aa_MinorityInterestRemainingOwnershipPercentageByNoncontrollingOwners_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_MosjoenMember" xlink:label="aa_MosjoenMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_MosjoenMember_lbl" xml:lang="en-US" id="id_513966_591302_3_1">Mosjoen [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_MosjoenMember_lbl" xml:lang="en-US" id="id_513966_591302_1_1">Mosjoen [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_MosjoenMember_lbl" xml:lang="en-US" id="id_513966_591302_2_1">Mosjoen, Norway [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_MosjoenMember" xlink:to="aa_MosjoenMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_NegligenceAwardMember" xlink:label="aa_NegligenceAwardMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_NegligenceAwardMember_lbl" xml:lang="en-US" id="id_513966_591321_3_1">Negligence Award [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_NegligenceAwardMember_lbl" xml:lang="en-US" id="id_513966_591321_1_1">Negligence Award [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_NegligenceAwardMember_lbl" xml:lang="en-US" id="id_513966_591321_2_1">Negligence Award [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_NegligenceAwardMember" xlink:to="aa_NegligenceAwardMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_NetCarryingValueOfAssets" xlink:label="aa_NetCarryingValueOfAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_NetCarryingValueOfAssets_lbl" xml:lang="en-US" id="id_513966_593547_3_1">Net Carrying Value Of Assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_NetCarryingValueOfAssets_lbl" xml:lang="en-US" id="id_513966_593547_1_1">Net Carrying Value Of Assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_NetCarryingValueOfAssets_lbl" xml:lang="en-US" id="id_513966_593547_2_1">Net carrying value of the assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_NetCarryingValueOfAssets" xlink:to="aa_NetCarryingValueOfAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xml:lang="en-US" id="id_513966_574995_1_1">Net Cash Provided By Used In Financing Activities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xml:lang="en-US" id="id_513966_574995_6_1">CASH (USED FOR) PROVIDED FROM FINANCING ACTIVITIES</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xml:lang="en-US" id="id_513966_574513_1_1">Net Cash Provided By Used In Financing Activities [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xml:lang="en-US" id="id_513966_574513_2_1">FINANCING ACTIVITIES</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xml:lang="en-US" id="id_513966_567056_1_1">Net Cash Provided By Used In Investing Activities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xml:lang="en-US" id="id_513966_567056_6_1">CASH USED FOR INVESTING ACTIVITIES</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xml:lang="en-US" id="id_513966_574244_1_1">Net Cash Provided By Used In Investing Activities [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xml:lang="en-US" id="id_513966_574244_2_1">INVESTING ACTIVITIES</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xml:lang="en-US" id="id_513966_581703_1_1">Net Cash Provided By Used In Operating Activities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xml:lang="en-US" id="id_513966_581703_6_1">CASH PROVIDED FROM OPERATIONS</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US" id="id_513966_582228_1_1">Net Cash Provided By Used In Operating Activities [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US" id="id_513966_582228_2_1">CASH FROM OPERATIONS</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_lbl" xml:lang="en-US" id="id_513966_570414_1_1">Net Cash Provided By Used In Operating Activities Continuing Operations</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_lbl" xml:lang="en-US" id="id_513966_570414_6_1">CASH PROVIDED FROM CONTINUING OPERATIONS</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="us-gaap_NetIncomeLoss"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetIncomeLoss_lbl" xml:lang="en-US" id="id_513966_573591_1_1">Net Income Loss</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NetIncomeLoss_lbl" xml:lang="en-US" id="id_513966_573591_2_1">Consolidated net (loss) income attributable to Alcoa</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetIncomeLoss_lbl" xml:lang="en-US" id="id_513966_573591_6_1">Net (loss) income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_lbl" xml:lang="en-US" id="id_513966_577572_1_1">Net Income Loss Attributable To Noncontrolling Interest</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_lbl" xml:lang="en-US" id="id_513966_577572_2_1">Less: Net (loss) income attributable to noncontrolling interests</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_lbl" xml:lang="en-US" id="id_513966_577572_8_1">Noncontrolling interests</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:to="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_NetProceedsFromDebtOffering" xlink:label="aa_NetProceedsFromDebtOffering"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_NetProceedsFromDebtOffering_lbl" xml:lang="en-US" id="id_513966_819118_3_1">Net Proceeds From Debt Offering</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_NetProceedsFromDebtOffering_lbl" xml:lang="en-US" id="id_513966_819118_1_1">Net Proceeds From Debt Offering</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_NetProceedsFromDebtOffering_lbl" xml:lang="en-US" id="id_513966_819118_2_1">Net proceeds</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_NetProceedsFromDebtOffering" xlink:to="aa_NetProceedsFromDebtOffering_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock" xlink:label="us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_lbl" xml:lang="en-US" id="id_513966_580801_1_1">New Accounting Pronouncements And Changes In Accounting Principles [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_lbl" xml:lang="en-US" id="id_513966_580801_2_1">Recently Adopted And Recently Issued Accounting Guidance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock" xlink:to="us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NoncontrollingInterestMember" xlink:label="us-gaap_NoncontrollingInterestMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NoncontrollingInterestMember_lbl" xml:lang="en-US" id="id_513966_573809_1_1">Noncontrolling Interest [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NoncontrollingInterestMember_lbl" xml:lang="en-US" id="id_513966_573809_2_1">Noncontrolling interests</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NoncontrollingInterestMember" xlink:to="us-gaap_NoncontrollingInterestMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_NonCurrentLiabilitiesAndDeferredCreditsMember" xlink:label="aa_NonCurrentLiabilitiesAndDeferredCreditsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_NonCurrentLiabilitiesAndDeferredCreditsMember_lbl" xml:lang="en-US" id="id_513966_591188_3_1">Non Current Liabilities and Deferred Credits [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_NonCurrentLiabilitiesAndDeferredCreditsMember_lbl" xml:lang="en-US" id="id_513966_591188_1_1">Non Current Liabilities And Deferred Credits [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_NonCurrentLiabilitiesAndDeferredCreditsMember_lbl" xml:lang="en-US" id="id_513966_591188_2_1">Non Current Liabilities And Deferred Credits [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_NonCurrentLiabilitiesAndDeferredCreditsMember" xlink:to="aa_NonCurrentLiabilitiesAndDeferredCreditsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_NoncurrentReceivablesMember" xlink:label="aa_NoncurrentReceivablesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_NoncurrentReceivablesMember_lbl" xml:lang="en-US" id="id_513966_591189_3_1">Noncurrent Receivables [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_NoncurrentReceivablesMember_lbl" xml:lang="en-US" id="id_513966_591189_1_1">Noncurrent Receivables [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_NoncurrentReceivablesMember_lbl" xml:lang="en-US" id="id_513966_591189_2_1">Noncurrent Receivables [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_NoncurrentReceivablesMember" xlink:to="aa_NoncurrentReceivablesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NondesignatedMember" xlink:label="us-gaap_NondesignatedMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NondesignatedMember_lbl" xml:lang="en-US" id="id_513966_579802_1_1">Nondesignated [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NondesignatedMember_lbl" xml:lang="en-US" id="id_513966_579802_2_1">Derivatives Not Designated as Hedging Instrument [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NondesignatedMember" xlink:to="us-gaap_NondesignatedMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NonoperatingIncomeExpense" xlink:label="us-gaap_NonoperatingIncomeExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NonoperatingIncomeExpense_lbl" xml:lang="en-US" id="id_513966_573615_1_1">Nonoperating Income Expense</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_NonoperatingIncomeExpense_lbl" xml:lang="en-US" id="id_513966_573615_8_1">Other (income) expenses, net (H)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NonoperatingIncomeExpense" xlink:to="us-gaap_NonoperatingIncomeExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_NonvestedSharesWithForfeitableDividends" xlink:label="aa_NonvestedSharesWithForfeitableDividends"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_NonvestedSharesWithForfeitableDividends_lbl" xml:lang="en-US" id="id_513966_594323_3_1">This element represents the number of outstanding nonvested stock awards that contain forfeitable rights to dividends or dividend equivalents (whether paid or unpaid).</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_NonvestedSharesWithForfeitableDividends_lbl" xml:lang="en-US" id="id_513966_594323_1_1">Nonvested Shares With Forfeitable Dividends</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_NonvestedSharesWithForfeitableDividends_lbl" xml:lang="en-US" id="id_513966_594323_2_1">Participating securities outstanding, nonforfeitable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_NonvestedSharesWithForfeitableDividends" xlink:to="aa_NonvestedSharesWithForfeitableDividends_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_NumberOfCleanupLocations" xlink:label="aa_NumberOfCleanupLocations"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_NumberOfCleanupLocations_lbl" xml:lang="en-US" id="id_513966_594473_3_1">Number Of Cleanup Locations.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_NumberOfCleanupLocations_lbl" xml:lang="en-US" id="id_513966_594473_1_1">Number Of Cleanup Locations</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_NumberOfCleanupLocations_lbl" xml:lang="en-US" id="id_513966_594473_2_1">Number of cleanup locations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_NumberOfCleanupLocations" xlink:to="aa_NumberOfCleanupLocations_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_NumberOfContracts" xlink:label="aa_NumberOfContracts"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_NumberOfContracts_lbl" xml:lang="en-US" id="id_513966_605144_3_1">Number Of Contracts</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_NumberOfContracts_lbl" xml:lang="en-US" id="id_513966_605144_1_1">Number Of Contracts</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_NumberOfContracts_lbl" xml:lang="en-US" id="id_513966_605144_2_1">Number of contract</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_NumberOfContracts" xlink:to="aa_NumberOfContracts_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_NumberOfDaysRequiredToDismissLawsuit" xlink:label="aa_NumberOfDaysRequiredToDismissLawsuit"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_NumberOfDaysRequiredToDismissLawsuit_lbl" xml:lang="en-US" id="id_513966_591610_3_1">Number of days required to dismiss lawsuit.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_NumberOfDaysRequiredToDismissLawsuit_lbl" xml:lang="en-US" id="id_513966_591610_1_1">Number Of Days Required To Dismiss Lawsuit</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_NumberOfDaysRequiredToDismissLawsuit_lbl" xml:lang="en-US" id="id_513966_591610_2_1">Number of days required to dismiss lawsuit</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_NumberOfDaysRequiredToDismissLawsuit" xlink:to="aa_NumberOfDaysRequiredToDismissLawsuit_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_NumberOfEmployeesAssociatedWithLayoffCosts" xlink:label="aa_NumberOfEmployeesAssociatedWithLayoffCosts"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_NumberOfEmployeesAssociatedWithLayoffCosts_lbl" xml:lang="en-US" id="id_513966_594245_3_1">The number of employees an entity expects to layoff that correlates to the layoff charges recorded during the period.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_NumberOfEmployeesAssociatedWithLayoffCosts_lbl" xml:lang="en-US" id="id_513966_594245_1_1">Number Of Employees Associated With Layoff Costs</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_NumberOfEmployeesAssociatedWithLayoffCosts_lbl" xml:lang="en-US" id="id_513966_594245_2_1">Number of employees associated with layoff costs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_NumberOfEmployeesAssociatedWithLayoffCosts" xlink:to="aa_NumberOfEmployeesAssociatedWithLayoffCosts_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_NumberOfHydroelectricGeneratingStationsAndDams" xlink:label="aa_NumberOfHydroelectricGeneratingStationsAndDams"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_NumberOfHydroelectricGeneratingStationsAndDams_lbl" xml:lang="en-US" id="id_513966_683094_3_1">Number Of Hydroelectric Generating Stations And Dams</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_NumberOfHydroelectricGeneratingStationsAndDams_lbl" xml:lang="en-US" id="id_513966_683094_1_1">Number Of Hydroelectric Generating Stations And Dams</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_NumberOfHydroelectricGeneratingStationsAndDams_lbl" xml:lang="en-US" id="id_513966_683094_2_1">Number of hydroelectric generating stations and dams</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_NumberOfHydroelectricGeneratingStationsAndDams" xlink:to="aa_NumberOfHydroelectricGeneratingStationsAndDams_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_NumberOfInstallments" xlink:label="aa_NumberOfInstallments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_NumberOfInstallments_lbl" xml:lang="en-US" id="id_513966_618719_3_1">Number Of Installments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_NumberOfInstallments_lbl" xml:lang="en-US" id="id_513966_618719_1_1">Number Of Installments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_NumberOfInstallments_lbl" xml:lang="en-US" id="id_513966_618719_2_1">Number of installments, litigation payment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_NumberOfInstallments" xlink:to="aa_NumberOfInstallments_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_NumberOfPositions" xlink:label="aa_NumberOfPositions"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_NumberOfPositions_lbl" xml:lang="en-US" id="id_513966_591634_3_1">Number Of Positions</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_NumberOfPositions_lbl" xml:lang="en-US" id="id_513966_591634_1_1">Number Of Positions</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_NumberOfPositions_lbl" xml:lang="en-US" id="id_513966_591634_2_1">Number of positions terminated</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_NumberOfPositions" xlink:to="aa_NumberOfPositions_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_NumberOfYearsOperatingUnderPowerSupplyStructured" xlink:label="aa_NumberOfYearsOperatingUnderPowerSupplyStructured"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_NumberOfYearsOperatingUnderPowerSupplyStructured_lbl" xml:lang="en-US" id="id_513966_591600_3_1">Year Operating Under A Power Supply Structured.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_NumberOfYearsOperatingUnderPowerSupplyStructured_lbl" xml:lang="en-US" id="id_513966_591600_1_1">Number Of Years Operating Under Power Supply Structured</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_NumberOfYearsOperatingUnderPowerSupplyStructured_lbl" xml:lang="en-US" id="id_513966_591600_2_1">Number of years operating under a power supply structure</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_NumberOfYearsOperatingUnderPowerSupplyStructured" xlink:to="aa_NumberOfYearsOperatingUnderPowerSupplyStructured_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherAssetsCurrent" xlink:label="us-gaap_OtherAssetsCurrent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherAssetsCurrent_lbl" xml:lang="en-US" id="id_513966_566436_1_1">Other Assets Current</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OtherAssetsCurrent_lbl" xml:lang="en-US" id="id_513966_566436_2_1">Prepaid expenses and other current assets (N)</label>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherLiabilitiesCurrent" xlink:to="us-gaap_OtherLiabilitiesCurrent_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherLiabilitiesNoncurrent" xlink:label="us-gaap_OtherLiabilitiesNoncurrent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherLiabilitiesNoncurrent_lbl" xml:lang="en-US" id="id_513966_582001_1_1">Other Liabilities Noncurrent</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OtherLiabilitiesNoncurrent_lbl" xml:lang="en-US" id="id_513966_582001_2_1">Other noncurrent liabilities and deferred credits (N)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherLiabilitiesNoncurrent" xlink:to="us-gaap_OtherLiabilitiesNoncurrent_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_OtherMiscellaneousChargesMember" xlink:label="aa_OtherMiscellaneousChargesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_OtherMiscellaneousChargesMember_lbl" xml:lang="en-US" id="id_513966_591139_3_1">Other Miscellaneous Charges [Member].</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_OtherMiscellaneousChargesMember_lbl" xml:lang="en-US" id="id_513966_591139_1_1">Other Miscellaneous Charges [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_OtherMiscellaneousChargesMember_lbl" xml:lang="en-US" id="id_513966_591139_2_1">Other miscellaneous charges [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_OtherMiscellaneousChargesMember" xlink:to="aa_OtherMiscellaneousChargesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:label="us-gaap_OtherNoncashIncomeExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherNoncashIncomeExpense_lbl" xml:lang="en-US" id="id_513966_571930_1_1">Other Noncash Income Expense</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_OtherNoncashIncomeExpense_lbl" xml:lang="en-US" id="id_513966_571930_8_1">Other</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherNoncashIncomeExpense" xlink:to="us-gaap_OtherNoncashIncomeExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_OtherNoncurrentAssetsMember" xlink:label="aa_OtherNoncurrentAssetsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_OtherNoncurrentAssetsMember_lbl" xml:lang="en-US" id="id_513966_591140_3_1">Other Noncurrent Assets [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_OtherNoncurrentAssetsMember_lbl" xml:lang="en-US" id="id_513966_591140_1_1">Other Noncurrent Assets [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_OtherNoncurrentAssetsMember_lbl" xml:lang="en-US" id="id_513966_591140_2_1">Other Noncurrent Assets [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_OtherNoncurrentAssetsMember" xlink:to="aa_OtherNoncurrentAssetsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_OtherNoncurrentLiabilitiesAndDeferredCreditsMember" xlink:label="aa_OtherNoncurrentLiabilitiesAndDeferredCreditsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_OtherNoncurrentLiabilitiesAndDeferredCreditsMember_lbl" xml:lang="en-US" id="id_513966_591141_3_1">Other Noncurrent Liabilities And Deferred Credits [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_OtherNoncurrentLiabilitiesAndDeferredCreditsMember_lbl" xml:lang="en-US" id="id_513966_591141_1_1">Other Noncurrent Liabilities And Deferred Credits [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_OtherNoncurrentLiabilitiesAndDeferredCreditsMember_lbl" xml:lang="en-US" id="id_513966_591141_2_1">Other Noncurrent Liabilities and Deferred Credits [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_OtherNoncurrentLiabilitiesAndDeferredCreditsMember" xlink:to="aa_OtherNoncurrentLiabilitiesAndDeferredCreditsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherNonoperatingIncomeExpense" xlink:label="us-gaap_OtherNonoperatingIncomeExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherNonoperatingIncomeExpense_lbl" xml:lang="en-US" id="id_513966_565345_1_1">Other Nonoperating Income Expense</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_OtherNonoperatingIncomeExpense_lbl" xml:lang="en-US" id="id_513966_565345_8_1">Other, net</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherNonoperatingIncomeExpense" xlink:to="us-gaap_OtherNonoperatingIncomeExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember" xlink:label="us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_lbl" xml:lang="en-US" id="id_513966_567501_1_1">Other Postretirement Benefit Plans Defined Benefit [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_lbl" xml:lang="en-US" id="id_513966_567501_2_1">Other Postretirement Benefits [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember" xlink:to="us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent" xlink:label="us-gaap_OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent_lbl" xml:lang="en-US" id="id_513966_575483_1_1">Other Postretirement Defined Benefit Plan Liabilities Noncurrent</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent_lbl" xml:lang="en-US" id="id_513966_575483_2_1">Accrued other postretirement benefits</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent" xlink:to="us-gaap_OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherReceivables" xlink:label="us-gaap_OtherReceivables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherReceivables_lbl" xml:lang="en-US" id="id_513966_579123_1_1">Other Receivables</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OtherReceivables_lbl" xml:lang="en-US" id="id_513966_579123_2_1">Other receivables (L)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherReceivables" xlink:to="us-gaap_OtherReceivables_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherRestructuringCosts" xlink:label="us-gaap_OtherRestructuringCosts"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherRestructuringCosts_lbl" xml:lang="en-US" id="id_513966_577575_1_1">Other Restructuring Costs</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_OtherRestructuringCosts_lbl" xml:lang="en-US" id="id_513966_577575_8_1">Other</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherRestructuringCosts" xlink:to="us-gaap_OtherRestructuringCosts_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_OtherSitesMember" xlink:label="aa_OtherSitesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_OtherSitesMember_lbl" xml:lang="en-US" id="id_513966_591125_3_1">Other Sites [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_OtherSitesMember_lbl" xml:lang="en-US" id="id_513966_591125_1_1">Other Sites [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_OtherSitesMember_lbl" xml:lang="en-US" id="id_513966_591125_2_1">Other Sites [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_OtherSitesMember" xlink:to="aa_OtherSitesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_OutstandingForwardContractsEnteredIntoAsHedgeForecastedTransactionsForeignExchangeContracts" xlink:label="aa_OutstandingForwardContractsEnteredIntoAsHedgeForecastedTransactionsForeignExchangeContracts"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_OutstandingForwardContractsEnteredIntoAsHedgeForecastedTransactionsForeignExchangeContracts_lbl" xml:lang="en-US" id="id_513966_593350_3_1">Outstanding Forward Contracts Entered Into As Hedge Forecasted Transactions, Foreign Exchange Contracts</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_OutstandingForwardContractsEnteredIntoAsHedgeForecastedTransactionsForeignExchangeContracts_lbl" xml:lang="en-US" id="id_513966_593350_1_1">Outstanding Forward Contracts Entered Into As Hedge Forecasted Transactions Foreign Exchange Contracts</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_OutstandingForwardContractsEnteredIntoAsHedgeForecastedTransactionsForeignExchangeContracts_lbl" xml:lang="en-US" id="id_513966_593350_2_1">Foreign exchange contracts</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_OutstandingForwardContractsEnteredIntoAsHedgeForecastedTransactionsForeignExchangeContracts" xlink:to="aa_OutstandingForwardContractsEnteredIntoAsHedgeForecastedTransactionsForeignExchangeContracts_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_Outstandingforwardcontractsenteredintoashedgeforecastedtransactionsmeasuredinbritishthermalunits" xlink:label="aa_Outstandingforwardcontractsenteredintoashedgeforecastedtransactionsmeasuredinbritishthermalunits"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_Outstandingforwardcontractsenteredintoashedgeforecastedtransactionsmeasuredinbritishthermalunits_lbl" xml:lang="en-US" id="id_513966_591656_3_1">Outstanding Forward Contracts Entered Into As Hedge Forecasted Transactions Measured In British Thermal Units</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_Outstandingforwardcontractsenteredintoashedgeforecastedtransactionsmeasuredinbritishthermalunits_lbl" xml:lang="en-US" id="id_513966_591656_1_1">Outstandingforwardcontractsenteredintoashedgeforecastedtransactionsmeasuredinbritishthermalunits</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_Outstandingforwardcontractsenteredintoashedgeforecastedtransactionsmeasuredinbritishthermalunits_lbl" xml:lang="en-US" id="id_513966_591656_2_1">Natural gas (million British thermal units)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_Outstandingforwardcontractsenteredintoashedgeforecastedtransactionsmeasuredinbritishthermalunits" xlink:to="aa_Outstandingforwardcontractsenteredintoashedgeforecastedtransactionsmeasuredinbritishthermalunits_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_OutstandingForwardContractsEnteredIntoAsHedgeForecastedTransactionsMeasuredInMegaWattHours" xlink:label="aa_OutstandingForwardContractsEnteredIntoAsHedgeForecastedTransactionsMeasuredInMegaWattHours"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_OutstandingForwardContractsEnteredIntoAsHedgeForecastedTransactionsMeasuredInMegaWattHours_lbl" xml:lang="en-US" id="id_513966_591657_3_1">Outstanding forward contracts entered into as hedge forecasted transactions measured in mega watt hours.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_OutstandingForwardContractsEnteredIntoAsHedgeForecastedTransactionsMeasuredInMegaWattHours_lbl" xml:lang="en-US" id="id_513966_591657_1_1">Outstanding Forward Contracts Entered Into As Hedge Forecasted Transactions Measured In Mega Watt Hours</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_OutstandingForwardContractsEnteredIntoAsHedgeForecastedTransactionsMeasuredInMegaWattHours_lbl" xml:lang="en-US" id="id_513966_591657_2_1">Energy contracts (electricity-megawatt hours)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_OutstandingForwardContractsEnteredIntoAsHedgeForecastedTransactionsMeasuredInMegaWattHours" xlink:to="aa_OutstandingForwardContractsEnteredIntoAsHedgeForecastedTransactionsMeasuredInMegaWattHours_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_OutstandingForwardContractsEnteredIntoAsHedgingForecastedTransactionsMeasuredInKiloMetricTon" xlink:label="aa_OutstandingForwardContractsEnteredIntoAsHedgingForecastedTransactionsMeasuredInKiloMetricTon"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_OutstandingForwardContractsEnteredIntoAsHedgingForecastedTransactionsMeasuredInKiloMetricTon_lbl" xml:lang="en-US" id="id_513966_589285_3_1">Outstanding forward contracts entered into as hedging forecasted transactions measured in kilo metric ton.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_OutstandingForwardContractsEnteredIntoAsHedgingForecastedTransactionsMeasuredInKiloMetricTon_lbl" xml:lang="en-US" id="id_513966_589285_1_1">Outstanding Forward Contracts Entered Into As Hedging Forecasted Transactions Measured In Kilo Metric Ton</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_OutstandingForwardContractsEnteredIntoAsHedgingForecastedTransactionsMeasuredInKiloMetricTon_lbl" xml:lang="en-US" id="id_513966_589285_2_1">Aluminum contracts (kmt)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_OutstandingForwardContractsEnteredIntoAsHedgingForecastedTransactionsMeasuredInKiloMetricTon" xlink:to="aa_OutstandingForwardContractsEnteredIntoAsHedgingForecastedTransactionsMeasuredInKiloMetricTon_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_OwnershipInterestInJointVentureAtFairMarketValue" xlink:label="aa_OwnershipInterestInJointVentureAtFairMarketValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_OwnershipInterestInJointVentureAtFairMarketValue_lbl" xml:lang="en-US" id="id_513966_593972_3_1">Ownership Interest in Joint Venture at Fair Market Value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_OwnershipInterestInJointVentureAtFairMarketValue_lbl" xml:lang="en-US" id="id_513966_593972_1_1">Ownership Interest In Joint Venture At Fair Market Value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_OwnershipInterestInJointVentureAtFairMarketValue_lbl" xml:lang="en-US" id="id_513966_593972_2_1">Ownership interest in joint venture at fair market value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_OwnershipInterestInJointVentureAtFairMarketValue" xlink:to="aa_OwnershipInterestInJointVentureAtFairMarketValue_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_OwnershipInterestIssuedAsGuaranteeForSmeltingAndRollingCompanies" xlink:label="aa_OwnershipInterestIssuedAsGuaranteeForSmeltingAndRollingCompanies"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_OwnershipInterestIssuedAsGuaranteeForSmeltingAndRollingCompanies_lbl" xml:lang="en-US" id="id_513966_593973_3_1">Ownership interest issued as guarantee for smelting and rolling companies</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_OwnershipInterestIssuedAsGuaranteeForSmeltingAndRollingCompanies_lbl" xml:lang="en-US" id="id_513966_593973_1_1">Ownership Interest Issued As Guarantee For Smelting And Rolling Companies</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_OwnershipInterestIssuedAsGuaranteeForSmeltingAndRollingCompanies_lbl" xml:lang="en-US" id="id_513966_593973_2_1">Ownership interest issued as guarantee for smelting and rolling mill companies</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_OwnershipInterestIssuedAsGuaranteeForSmeltingAndRollingCompanies" xlink:to="aa_OwnershipInterestIssuedAsGuaranteeForSmeltingAndRollingCompanies_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ParentCompanyMember" xlink:label="us-gaap_ParentCompanyMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ParentCompanyMember_lbl" xml:lang="en-US" id="id_513966_577509_1_1">Parent Company [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ParentCompanyMember_lbl" xml:lang="en-US" id="id_513966_577509_2_1">Parent Company [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ParentCompanyMember" xlink:to="us-gaap_ParentCompanyMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ParentMember" xlink:label="us-gaap_ParentMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ParentMember_lbl" xml:lang="en-US" id="id_513966_565384_1_1">Parent [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ParentMember_lbl" xml:lang="en-US" id="id_513966_565384_2_1">Alcoa</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ParentMember" xlink:to="us-gaap_ParentMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_ParticipatingNonvestedSharesWithNonForfeitableDividendRights" xlink:label="aa_ParticipatingNonvestedSharesWithNonForfeitableDividendRights"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_ParticipatingNonvestedSharesWithNonForfeitableDividendRights_lbl" xml:lang="en-US" id="id_513966_594290_3_1">This element represents the number of outstanding nonvested stock awards that contain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid).</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_ParticipatingNonvestedSharesWithNonForfeitableDividendRights_lbl" xml:lang="en-US" id="id_513966_594290_1_1">Participating Nonvested Shares With Non Forfeitable Dividend Rights</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_ParticipatingNonvestedSharesWithNonForfeitableDividendRights_lbl" xml:lang="en-US" id="id_513966_594290_2_1">Participating securities outstanding, maximum</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_ParticipatingNonvestedSharesWithNonForfeitableDividendRights" xlink:to="aa_ParticipatingNonvestedSharesWithNonForfeitableDividendRights_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_PaymentForLitigationSettlementInstallmentAmount" xlink:label="aa_PaymentForLitigationSettlementInstallmentAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_PaymentForLitigationSettlementInstallmentAmount_lbl" xml:lang="en-US" id="id_513966_684497_3_1">Payment For Litigation Settlement Installment Amount</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_PaymentForLitigationSettlementInstallmentAmount_lbl" xml:lang="en-US" id="id_513966_684497_1_1">Payment For Litigation Settlement Installment Amount</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_PaymentForLitigationSettlementInstallmentAmount_lbl" xml:lang="en-US" id="id_513966_684497_2_1">Payments to Italian government, installment amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_PaymentForLitigationSettlementInstallmentAmount" xlink:to="aa_PaymentForLitigationSettlementInstallmentAmount_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsForLegalSettlements" xlink:label="us-gaap_PaymentsForLegalSettlements"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsForLegalSettlements_lbl" xml:lang="en-US" id="id_513966_575957_1_1">Payments For Legal Settlements</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PaymentsForLegalSettlements_lbl" xml:lang="en-US" id="id_513966_575957_2_1">Payments to Italian government</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForLegalSettlements" xlink:to="us-gaap_PaymentsForLegalSettlements_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:label="us-gaap_PaymentsForProceedsFromOtherInvestingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsForProceedsFromOtherInvestingActivities_lbl" xml:lang="en-US" id="id_513966_579999_1_1">Payments For Proceeds From Other Investing Activities</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_PaymentsForProceedsFromOtherInvestingActivities_lbl" xml:lang="en-US" id="id_513966_579999_8_1">Other</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:to="us-gaap_PaymentsForProceedsFromOtherInvestingActivities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsOfDebtIssuanceCosts" xlink:label="us-gaap_PaymentsOfDebtIssuanceCosts"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsOfDebtIssuanceCosts_lbl" xml:lang="en-US" id="id_513966_567083_1_1">Payments Of Debt Issuance Costs</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_PaymentsOfDebtIssuanceCosts_lbl" xml:lang="en-US" id="id_513966_567083_8_1">Debt issuance costs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsOfDebtIssuanceCosts" xlink:to="us-gaap_PaymentsOfDebtIssuanceCosts_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsOfDistributionsToAffiliates" xlink:label="us-gaap_PaymentsOfDistributionsToAffiliates"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsOfDistributionsToAffiliates_lbl" xml:lang="en-US" id="id_513966_566582_1_1">Payments Of Distributions To Affiliates</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_PaymentsOfDistributionsToAffiliates_lbl" xml:lang="en-US" id="id_513966_566582_8_1">Distributions to noncontrolling interests</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsOfDistributionsToAffiliates" xlink:to="us-gaap_PaymentsOfDistributionsToAffiliates_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsOfDividendsCommonStock" xlink:label="us-gaap_PaymentsOfDividendsCommonStock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsOfDividendsCommonStock_lbl" xml:lang="en-US" id="id_513966_579753_1_1">Payments Of Dividends Common Stock</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_PaymentsOfDividendsCommonStock_lbl" xml:lang="en-US" id="id_513966_579753_8_1">Dividends paid to shareholders</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsOfDividendsCommonStock" xlink:to="us-gaap_PaymentsOfDividendsCommonStock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired" xlink:label="us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_lbl" xml:lang="en-US" id="id_513966_566570_1_1">Payments To Acquire Businesses Net Of Cash Acquired</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_lbl" xml:lang="en-US" id="id_513966_566570_8_1">Acquisitions, net of cash acquired</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired" xlink:to="us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsToAcquireInvestments" xlink:label="us-gaap_PaymentsToAcquireInvestments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsToAcquireInvestments_lbl" xml:lang="en-US" id="id_513966_570192_1_1">Payments To Acquire Investments</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_PaymentsToAcquireInvestments_lbl" xml:lang="en-US" id="id_513966_570192_8_1">Additions to investments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquireInvestments" xlink:to="us-gaap_PaymentsToAcquireInvestments_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_lbl" xml:lang="en-US" id="id_513966_578215_1_1">Payments To Acquire Property Plant And Equipment</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_lbl" xml:lang="en-US" id="id_513966_578215_8_1">Capital expenditures</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:to="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock" xlink:label="us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_lbl" xml:lang="en-US" id="id_513966_565665_1_1">Pension And Other Postretirement Benefits Disclosure [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_lbl" xml:lang="en-US" id="id_513966_565665_2_1">Pension and Other Postretirement Benefits</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock" xlink:to="us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PensionContributions" xlink:label="us-gaap_PensionContributions"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PensionContributions_lbl" xml:lang="en-US" id="id_513966_576978_1_1">Pension Contributions</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PensionContributions_lbl" xml:lang="en-US" id="id_513966_576978_2_1">Pension Contributions</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_PensionContributions_lbl" xml:lang="en-US" id="id_513966_576978_8_1">Pension contributions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PensionContributions" xlink:to="us-gaap_PensionContributions_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PensionPlansDefinedBenefitMember" xlink:label="us-gaap_PensionPlansDefinedBenefitMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PensionPlansDefinedBenefitMember_lbl" xml:lang="en-US" id="id_513966_570505_1_1">Pension Plans Defined Benefit [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PensionPlansDefinedBenefitMember_lbl" xml:lang="en-US" id="id_513966_570505_2_1">Pension Benefits [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PensionPlansDefinedBenefitMember" xlink:to="us-gaap_PensionPlansDefinedBenefitMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_PercentageOfAssetsFairValueDisclosure" xlink:label="aa_PercentageOfAssetsFairValueDisclosure"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_PercentageOfAssetsFairValueDisclosure_lbl" xml:lang="en-US" id="id_513966_720147_3_1">Percentage Of Assets Fair Value Disclosure</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_PercentageOfAssetsFairValueDisclosure_lbl" xml:lang="en-US" id="id_513966_720147_1_1">Percentage Of Assets Fair Value Disclosure</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_PercentageOfAssetsFairValueDisclosure_lbl" xml:lang="en-US" id="id_513966_720147_2_1">Fair value of an indefinite-lived intangible asset</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_PercentageOfAssetsFairValueDisclosure" xlink:to="aa_PercentageOfAssetsFairValueDisclosure_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_PercentageOfCostOfGoodsSold" xlink:label="aa_PercentageOfCostOfGoodsSold"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_PercentageOfCostOfGoodsSold_lbl" xml:lang="en-US" id="id_513966_593942_3_1">Percentage of cost of goods sold</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_PercentageOfCostOfGoodsSold_lbl" xml:lang="en-US" id="id_513966_593942_1_1">Percentage Of Cost Of Goods Sold</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_PercentageOfCostOfGoodsSold_lbl" xml:lang="en-US" id="id_513966_593942_2_1">Percentage of cost of goods sold</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_PercentageOfCostOfGoodsSold" xlink:to="aa_PercentageOfCostOfGoodsSold_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PercentageOfLIFOInventory" xlink:label="us-gaap_PercentageOfLIFOInventory"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PercentageOfLIFOInventory_lbl" xml:lang="en-US" id="id_513966_581046_1_1">Percentage Of L I F O Inventory</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PercentageOfLIFOInventory_lbl" xml:lang="en-US" id="id_513966_581046_2_1">Percentage inventories valued on a last in, first out (LIFO) basis</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PercentageOfLIFOInventory" xlink:to="us-gaap_PercentageOfLIFOInventory_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_PercentageOfPowerSelfSufficiencyUponCompletionOfProjectWithFullOperatingCapacity" xlink:label="aa_PercentageOfPowerSelfSufficiencyUponCompletionOfProjectWithFullOperatingCapacity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_PercentageOfPowerSelfSufficiencyUponCompletionOfProjectWithFullOperatingCapacity_lbl" xml:lang="en-US" id="id_513966_593867_3_1">Percentage of power self-sufficiency upon completion of project with full operating capacity.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_PercentageOfPowerSelfSufficiencyUponCompletionOfProjectWithFullOperatingCapacity_lbl" xml:lang="en-US" id="id_513966_593867_1_1">Percentage Of Power Self Sufficiency Upon Completion Of Project With Full Operating Capacity</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_PercentageOfPowerSelfSufficiencyUponCompletionOfProjectWithFullOperatingCapacity_lbl" xml:lang="en-US" id="id_513966_593867_2_1">Percentage of power self-sufficiency upon completion of project with full operating capacity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_PercentageOfPowerSelfSufficiencyUponCompletionOfProjectWithFullOperatingCapacity" xlink:to="aa_PercentageOfPowerSelfSufficiencyUponCompletionOfProjectWithFullOperatingCapacity_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_PeriodOfAllegedConspiracyYears" xlink:label="aa_PeriodOfAllegedConspiracyYears"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_PeriodOfAllegedConspiracyYears_lbl" xml:lang="en-US" id="id_513966_591651_3_1">Period Of Alleged Conspiracy, Years.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_PeriodOfAllegedConspiracyYears_lbl" xml:lang="en-US" id="id_513966_591651_1_1">Period Of Alleged Conspiracy Years</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_PeriodOfAllegedConspiracyYears_lbl" xml:lang="en-US" id="id_513966_591651_2_1">Period of alleged conspiracy, years</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_PeriodOfAllegedConspiracyYears" xlink:to="aa_PeriodOfAllegedConspiracyYears_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_PeriodOfTimeBetweenPotentialPhenomenonOccurrences" xlink:label="aa_PeriodOfTimeBetweenPotentialPhenomenonOccurrences"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_PeriodOfTimeBetweenPotentialPhenomenonOccurrences_lbl" xml:lang="en-US" id="id_513966_591649_3_1">Period of time between potential phenomenon occurrences.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_PeriodOfTimeBetweenPotentialPhenomenonOccurrences_lbl" xml:lang="en-US" id="id_513966_591649_1_1">Period Of Time Between Potential Phenomenon Occurrences</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_PeriodOfTimeBetweenPotentialPhenomenonOccurrences_lbl" xml:lang="en-US" id="id_513966_591649_2_1">Period of time between potential phenomenon occurrences, years</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_PeriodOfTimeBetweenPotentialPhenomenonOccurrences" xlink:to="aa_PeriodOfTimeBetweenPotentialPhenomenonOccurrences_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_PortovesmeSiteMember" xlink:label="aa_PortovesmeSiteMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_PortovesmeSiteMember_lbl" xml:lang="en-US" id="id_513966_591082_3_1">Portovesme Site [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_PortovesmeSiteMember_lbl" xml:lang="en-US" id="id_513966_591082_1_1">Portovesme Site [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_PortovesmeSiteMember_lbl" xml:lang="en-US" id="id_513966_591082_2_1">Portovesme Site [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_PortovesmeSiteMember" xlink:to="aa_PortovesmeSiteMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_PowerContractOneMember" xlink:label="aa_PowerContractOneMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_PowerContractOneMember_lbl" xml:lang="en-US" id="id_513966_824416_3_1">Power Contract One [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_PowerContractOneMember_lbl" xml:lang="en-US" id="id_513966_824416_1_1">Power Contract One [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_PowerContractOneMember_lbl" xml:lang="en-US" id="id_513966_824416_2_1">Power Contract One [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_PowerContractOneMember" xlink:to="aa_PowerContractOneMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_PowerContractTwoMember" xlink:label="aa_PowerContractTwoMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_PowerContractTwoMember_lbl" xml:lang="en-US" id="id_513966_824417_3_1">Power Contract Two [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_PowerContractTwoMember_lbl" xml:lang="en-US" id="id_513966_824417_1_1">Power Contract Two [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_PowerContractTwoMember_lbl" xml:lang="en-US" id="id_513966_824417_2_1">Power Contract Two [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockMember_lbl" xml:lang="en-US" id="id_513966_575857_1_1">Preferred Stock [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PreferredStockMember_lbl" xml:lang="en-US" id="id_513966_575857_2_1">Preferred stock [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockMember" xlink:to="us-gaap_PreferredStockMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="us-gaap_PreferredStockValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockValue_lbl" xml:lang="en-US" id="id_513966_577054_1_1">Preferred Stock Value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PreferredStockValue_lbl" xml:lang="en-US" id="id_513966_577054_2_1">Preferred stock</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockValue" xlink:to="us-gaap_PreferredStockValue_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_PrepaidExpenseAndOtherCurrentAssetsMember" xlink:label="aa_PrepaidExpenseAndOtherCurrentAssetsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_PrepaidExpenseAndOtherCurrentAssetsMember_lbl" xml:lang="en-US" id="id_513966_591103_3_1">Prepaid Expense And Other Current Assets [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_PrepaidExpenseAndOtherCurrentAssetsMember_lbl" xml:lang="en-US" id="id_513966_591103_1_1">Prepaid Expense And Other Current Assets [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_PrepaidExpenseAndOtherCurrentAssetsMember_lbl" xml:lang="en-US" id="id_513966_591103_2_1">Prepaid Expense And Other Current Assets [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_PrepaidExpenseAndOtherCurrentAssetsMember" xlink:to="aa_PrepaidExpenseAndOtherCurrentAssetsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_PriceOfAluminumBeyondForwardCurveMember" xlink:label="aa_PriceOfAluminumBeyondForwardCurveMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_PriceOfAluminumBeyondForwardCurveMember_lbl" xml:lang="en-US" id="id_513966_591091_3_1">Price Of Aluminum Beyond Forward Curve [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_PriceOfAluminumBeyondForwardCurveMember_lbl" xml:lang="en-US" id="id_513966_591091_1_1">Price Of Aluminum Beyond Forward Curve [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_PriceOfAluminumBeyondForwardCurveMember_lbl" xml:lang="en-US" id="id_513966_591091_2_1">Price Of Aluminum Beyond Forward Curve [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_PriceOfAluminumBeyondForwardCurveMember" xlink:to="aa_PriceOfAluminumBeyondForwardCurveMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_PriceOfElectricityBeyondForwardCurveMember" xlink:label="aa_PriceOfElectricityBeyondForwardCurveMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_PriceOfElectricityBeyondForwardCurveMember_lbl" xml:lang="en-US" id="id_513966_591092_3_1">Price Of Electricity Beyond Forward Curve [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_PriceOfElectricityBeyondForwardCurveMember_lbl" xml:lang="en-US" id="id_513966_591092_1_1">Price Of Electricity Beyond Forward Curve [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_PriceOfElectricityBeyondForwardCurveMember_lbl" xml:lang="en-US" id="id_513966_591092_2_1">Price Of Electricity Beyond Forward Curve [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_PriceOfElectricityBeyondForwardCurveMember" xlink:to="aa_PriceOfElectricityBeyondForwardCurveMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_PriceOfElectricityThroughForwardCurve" xlink:label="aa_PriceOfElectricityThroughForwardCurve"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_PriceOfElectricityThroughForwardCurve_lbl" xml:lang="en-US" id="id_513966_593243_3_1">Price of electricity through forward curve.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_PriceOfElectricityThroughForwardCurve_lbl" xml:lang="en-US" id="id_513966_593243_1_1">Price Of Electricity Through Forward Curve</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_PriceOfElectricityThroughForwardCurve_lbl" xml:lang="en-US" id="id_513966_593243_2_1">Price of electricity beyond forward curve</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_PriceOfElectricityThroughForwardCurve" xlink:to="aa_PriceOfElectricityThroughForwardCurve_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_PrimaryMetalsMember" xlink:label="aa_PrimaryMetalsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_PrimaryMetalsMember_lbl" xml:lang="en-US" id="id_513966_591098_3_1">Primary Metals [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_PrimaryMetalsMember_lbl" xml:lang="en-US" id="id_513966_591098_1_1">Primary Metals [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_PrimaryMetalsMember_lbl" xml:lang="en-US" id="id_513966_591098_2_1">Primary Metals [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_PrimaryMetalsMember" xlink:to="aa_PrimaryMetalsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromCollectionOfOtherReceivables" xlink:label="us-gaap_ProceedsFromCollectionOfOtherReceivables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromCollectionOfOtherReceivables_lbl" xml:lang="en-US" id="id_513966_571466_1_1">Proceeds From Collection Of Other Receivables</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ProceedsFromCollectionOfOtherReceivables_lbl" xml:lang="en-US" id="id_513966_571466_2_1">Cash collections</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromCollectionOfOtherReceivables" xlink:to="us-gaap_ProceedsFromCollectionOfOtherReceivables_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromContributionsFromAffiliates" xlink:label="us-gaap_ProceedsFromContributionsFromAffiliates"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromContributionsFromAffiliates_lbl" xml:lang="en-US" id="id_513966_570107_1_1">Proceeds From Contributions From Affiliates</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ProceedsFromContributionsFromAffiliates_lbl" xml:lang="en-US" id="id_513966_570107_2_1">Contributions from noncontrolling interests</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromContributionsFromAffiliates" xlink:to="us-gaap_ProceedsFromContributionsFromAffiliates_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromDivestitureOfBusinesses" xlink:label="us-gaap_ProceedsFromDivestitureOfBusinesses"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromDivestitureOfBusinesses_lbl" xml:lang="en-US" id="id_513966_577136_1_1">Proceeds From Divestiture Of Businesses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ProceedsFromDivestitureOfBusinesses_lbl" xml:lang="en-US" id="id_513966_577136_2_1">Sale of energy</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromDivestitureOfBusinesses" xlink:to="us-gaap_ProceedsFromDivestitureOfBusinesses_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromIssuanceOfLongTermDebt" xlink:label="us-gaap_ProceedsFromIssuanceOfLongTermDebt"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromIssuanceOfLongTermDebt_lbl" xml:lang="en-US" id="id_513966_582397_1_1">Proceeds From Issuance Of Long Term Debt</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ProceedsFromIssuanceOfLongTermDebt_lbl" xml:lang="en-US" id="id_513966_582397_2_1">Additions to debt (original maturities greater than three months) (F)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ProceedsFromIssuanceOfLongTermDebt_lbl" xml:lang="en-US" id="id_513966_582397_12_1">Proceeds from issuance of bond</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromIssuanceOfLongTermDebt" xlink:to="us-gaap_ProceedsFromIssuanceOfLongTermDebt_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromRepaymentsOfCommercialPaper" xlink:label="us-gaap_ProceedsFromRepaymentsOfCommercialPaper"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromRepaymentsOfCommercialPaper_lbl" xml:lang="en-US" id="id_513966_578612_1_1">Proceeds From Repayments Of Commercial Paper</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ProceedsFromRepaymentsOfCommercialPaper_lbl" xml:lang="en-US" id="id_513966_578612_2_1">Net change in commercial paper</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromRepaymentsOfCommercialPaper" xlink:to="us-gaap_ProceedsFromRepaymentsOfCommercialPaper_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromRepaymentsOfShortTermDebt" xlink:label="us-gaap_ProceedsFromRepaymentsOfShortTermDebt"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromRepaymentsOfShortTermDebt_lbl" xml:lang="en-US" id="id_513966_570863_1_1">Proceeds From Repayments Of Short Term Debt</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ProceedsFromRepaymentsOfShortTermDebt_lbl" xml:lang="en-US" id="id_513966_570863_2_1">Net change in short-term borrowings (original maturities of three months or less)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromRepaymentsOfShortTermDebt" xlink:to="us-gaap_ProceedsFromRepaymentsOfShortTermDebt_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments" xlink:label="us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments_lbl" xml:lang="en-US" id="id_513966_573160_1_1">Proceeds From Sale Maturity And Collections Of Investments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments_lbl" xml:lang="en-US" id="id_513966_573160_2_1">Sales of investments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments" xlink:to="us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromSaleOfFinanceReceivables" xlink:label="us-gaap_ProceedsFromSaleOfFinanceReceivables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromSaleOfFinanceReceivables_lbl" xml:lang="en-US" id="id_513966_565467_1_1">Proceeds From Sale Of Finance Receivables</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ProceedsFromSaleOfFinanceReceivables_lbl" xml:lang="en-US" id="id_513966_565467_2_1">Cash received for receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromSaleOfFinanceReceivables" xlink:to="us-gaap_ProceedsFromSaleOfFinanceReceivables_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromSaleOfProductiveAssets" xlink:label="us-gaap_ProceedsFromSaleOfProductiveAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromSaleOfProductiveAssets_lbl" xml:lang="en-US" id="id_513966_568851_1_1">Proceeds From Sale Of Productive Assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ProceedsFromSaleOfProductiveAssets_lbl" xml:lang="en-US" id="id_513966_568851_2_1">Proceeds from the sale of assets and businesses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromSaleOfProductiveAssets" xlink:to="us-gaap_ProceedsFromSaleOfProductiveAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromSaleOfRestrictedInvestments" xlink:label="us-gaap_ProceedsFromSaleOfRestrictedInvestments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromSaleOfRestrictedInvestments_lbl" xml:lang="en-US" id="id_513966_566692_1_1">Proceeds From Sale Of Restricted Investments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ProceedsFromSaleOfRestrictedInvestments_lbl" xml:lang="en-US" id="id_513966_566692_2_1">Net change in restricted cash</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromSaleOfRestrictedInvestments" xlink:to="us-gaap_ProceedsFromSaleOfRestrictedInvestments_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromStockOptionsExercised" xlink:label="us-gaap_ProceedsFromStockOptionsExercised"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromStockOptionsExercised_lbl" xml:lang="en-US" id="id_513966_566294_1_1">Proceeds From Stock Options Exercised</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ProceedsFromStockOptionsExercised_lbl" xml:lang="en-US" id="id_513966_566294_2_1">Proceeds from exercise of employee stock options</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromStockOptionsExercised" xlink:to="us-gaap_ProceedsFromStockOptionsExercised_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProfitLoss" xlink:label="us-gaap_ProfitLoss"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProfitLoss_lbl" xml:lang="en-US" id="id_513966_566773_1_1">Profit Loss</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ProfitLoss_lbl" xml:lang="en-US" id="id_513966_566773_2_1">Net (loss) income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_ProfitLoss_lbl" xml:lang="en-US" id="id_513966_566773_6_1">Net (loss) income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ProfitLoss_lbl" xml:lang="en-US" id="id_513966_566773_12_1">Net income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProfitLoss" xlink:to="us-gaap_ProfitLoss_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_PropertyDamagesMember" xlink:label="aa_PropertyDamagesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_PropertyDamagesMember_lbl" xml:lang="en-US" id="id_513966_591011_3_1">Property Damages [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_PropertyDamagesMember_lbl" xml:lang="en-US" id="id_513966_591011_1_1">Property Damages [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_PropertyDamagesMember_lbl" xml:lang="en-US" id="id_513966_591011_2_1">Property Damages [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_PropertyDamagesMember" xlink:to="aa_PropertyDamagesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PropertyPlantAndEquipmentGross" xlink:label="us-gaap_PropertyPlantAndEquipmentGross"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentGross_lbl" xml:lang="en-US" id="id_513966_571941_1_1">Property Plant And Equipment Gross</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentGross_lbl" xml:lang="en-US" id="id_513966_571941_2_1">Properties, plants, and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentGross" xlink:to="us-gaap_PropertyPlantAndEquipmentGross_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="us-gaap_PropertyPlantAndEquipmentNet"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentNet_lbl" xml:lang="en-US" id="id_513966_577181_1_1">Property Plant And Equipment Net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentNet_lbl" xml:lang="en-US" id="id_513966_577181_6_1">Properties, plants, and equipment, net</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentNet" xlink:to="us-gaap_PropertyPlantAndEquipmentNet_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProvisionForLossOnContracts" xlink:label="us-gaap_ProvisionForLossOnContracts"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProvisionForLossOnContracts_lbl" xml:lang="en-US" id="id_513966_569160_1_1">Provision For Loss On Contracts</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ProvisionForLossOnContracts_lbl" xml:lang="en-US" id="id_513966_569160_2_1">Provision for contract losses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProvisionForLossOnContracts" xlink:to="us-gaap_ProvisionForLossOnContracts_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_PunitiveDamagesMember" xlink:label="aa_PunitiveDamagesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_PunitiveDamagesMember_lbl" xml:lang="en-US" id="id_513966_591014_3_1">Punitive Damages [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_PunitiveDamagesMember_lbl" xml:lang="en-US" id="id_513966_591014_1_1">Punitive Damages [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_PunitiveDamagesMember_lbl" xml:lang="en-US" id="id_513966_591014_2_1">Punitive Damages [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_PunitiveDamagesMember" xlink:to="aa_PunitiveDamagesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RangeAxis" xlink:label="us-gaap_RangeAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RangeAxis_lbl" xml:lang="en-US" id="id_513966_568913_1_1">Range [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RangeAxis_lbl" xml:lang="en-US" id="id_513966_568913_2_1">Range [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RangeAxis" xlink:to="us-gaap_RangeAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RangeMember" xlink:label="us-gaap_RangeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RangeMember_lbl" xml:lang="en-US" id="id_513966_566530_1_1">Range [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RangeMember_lbl" xml:lang="en-US" id="id_513966_566530_2_1">Range [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RangeMember" xlink:to="us-gaap_RangeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ReceivablesFromCustomers" xlink:label="us-gaap_ReceivablesFromCustomers"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ReceivablesFromCustomers_lbl" xml:lang="en-US" id="id_513966_567317_1_1">Receivables From Customers</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ReceivablesFromCustomers_lbl" xml:lang="en-US" id="id_513966_567317_2_1">Purchase price receivable</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReceivablesFromCustomers" xlink:to="us-gaap_ReceivablesFromCustomers_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_ReconciliationOfActivityForDerivativeContractsOnNetBasisTextBlock" xlink:label="aa_ReconciliationOfActivityForDerivativeContractsOnNetBasisTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_ReconciliationOfActivityForDerivativeContractsOnNetBasisTextBlock_lbl" xml:lang="en-US" id="id_513966_594938_3_1">Reconciliation of activity for derivative contracts on a net basis [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_ReconciliationOfActivityForDerivativeContractsOnNetBasisTextBlock_lbl" xml:lang="en-US" id="id_513966_594938_1_1">Reconciliation Of Activity For Derivative Contracts On Net Basis [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_ReconciliationOfActivityForDerivativeContractsOnNetBasisTextBlock_lbl" xml:lang="en-US" id="id_513966_594938_2_1">Schedule of Reconciliation of Activity for Derivative Contracts</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_ReconciliationOfActivityForDerivativeContractsOnNetBasisTextBlock" xlink:to="aa_ReconciliationOfActivityForDerivativeContractsOnNetBasisTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_RecurringCostsOfManagingHazardousSubstancesAndEnvironmentalProgramsMember" xlink:label="aa_RecurringCostsOfManagingHazardousSubstancesAndEnvironmentalProgramsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_RecurringCostsOfManagingHazardousSubstancesAndEnvironmentalProgramsMember_lbl" xml:lang="en-US" id="id_513966_589593_3_1">Recurring costs of managing hazardous substances and environmental programs</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_RecurringCostsOfManagingHazardousSubstancesAndEnvironmentalProgramsMember_lbl" xml:lang="en-US" id="id_513966_589593_1_1">Recurring Costs Of Managing Hazardous Substances And Environmental Programs [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_RecurringCostsOfManagingHazardousSubstancesAndEnvironmentalProgramsMember_lbl" xml:lang="en-US" id="id_513966_589593_2_1">Recurring Costs Of Managing Hazardous Substances And Environmental Programs [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_RecurringCostsOfManagingHazardousSubstancesAndEnvironmentalProgramsMember" xlink:to="aa_RecurringCostsOfManagingHazardousSubstancesAndEnvironmentalProgramsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_RefiningAndMiningCompanyMember" xlink:label="aa_RefiningAndMiningCompanyMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_RefiningAndMiningCompanyMember_lbl" xml:lang="en-US" id="id_513966_589604_3_1">Refining and Mining Company [Member].</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_RefiningAndMiningCompanyMember_lbl" xml:lang="en-US" id="id_513966_589604_1_1">Refining And Mining Company [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_RefiningAndMiningCompanyMember_lbl" xml:lang="en-US" id="id_513966_589604_2_1">Refining And Mining Company [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_RefiningAndMiningCompanyMember" xlink:to="aa_RefiningAndMiningCompanyMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_RepaymentsMadeUnderAgreementsAssets" xlink:label="aa_RepaymentsMadeUnderAgreementsAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_RepaymentsMadeUnderAgreementsAssets_lbl" xml:lang="en-US" id="id_513966_591808_3_1">Repayments made under agreements, assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_RepaymentsMadeUnderAgreementsAssets_lbl" xml:lang="en-US" id="id_513966_591808_1_1">Repayments Made Under Agreements Assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_RepaymentsMadeUnderAgreementsAssets_lbl" xml:lang="en-US" id="id_513966_591808_2_1">Repayments made under the agreement for future gas transmission services</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_RepaymentsMadeUnderAgreementsAssets" xlink:to="aa_RepaymentsMadeUnderAgreementsAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="us-gaap_RepaymentsOfLongTermDebt"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RepaymentsOfLongTermDebt_lbl" xml:lang="en-US" id="id_513966_566349_1_1">Repayments Of Long Term Debt</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RepaymentsOfLongTermDebt_lbl" xml:lang="en-US" id="id_513966_566349_2_1">Repayment of outstanding debt</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_RepaymentsOfLongTermDebt_lbl" xml:lang="en-US" id="id_513966_566349_8_1">Payments on debt (original maturities greater than three months) (F)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RepaymentsOfLongTermDebt" xlink:to="us-gaap_RepaymentsOfLongTermDebt_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_RequiredEquityContributions" xlink:label="aa_RequiredEquityContributions"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_RequiredEquityContributions_lbl" xml:lang="en-US" id="id_513966_591832_3_1">Required Equity Contributions</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_RequiredEquityContributions_lbl" xml:lang="en-US" id="id_513966_591832_1_1">Required Equity Contributions</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_RequiredEquityContributions_lbl" xml:lang="en-US" id="id_513966_591832_2_1">Required plan contributions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_RequiredEquityContributions" xlink:to="aa_RequiredEquityContributions_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ResearchAndDevelopmentExpense" xlink:label="us-gaap_ResearchAndDevelopmentExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ResearchAndDevelopmentExpense_lbl" xml:lang="en-US" id="id_513966_567518_1_1">Research And Development Expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ResearchAndDevelopmentExpense_lbl" xml:lang="en-US" id="id_513966_567518_2_1">Research and development expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ResearchAndDevelopmentExpense" xlink:to="us-gaap_ResearchAndDevelopmentExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RestrictedCashAndCashEquivalents" xlink:label="us-gaap_RestrictedCashAndCashEquivalents"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RestrictedCashAndCashEquivalents_lbl" xml:lang="en-US" id="id_513966_568779_1_1">Restricted Cash And Cash Equivalents</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RestrictedCashAndCashEquivalents_lbl" xml:lang="en-US" id="id_513966_568779_2_1">Restricted cash</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RestrictedCashAndCashEquivalents" xlink:to="us-gaap_RestrictedCashAndCashEquivalents_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_RestrictedCashMember" xlink:label="aa_RestrictedCashMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_RestrictedCashMember_lbl" xml:lang="en-US" id="id_513966_589659_3_1">Restricted Cash [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_RestrictedCashMember_lbl" xml:lang="en-US" id="id_513966_589659_1_1">Restricted Cash [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_RestrictedCashMember_lbl" xml:lang="en-US" id="id_513966_589659_2_1">Restricted Cash [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_RestrictedCashMember" xlink:to="aa_RestrictedCashMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_RestructuringAndOtherChargesAfterTaxAndNoncontrollingInterests" xlink:label="aa_RestructuringAndOtherChargesAfterTaxAndNoncontrollingInterests"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_RestructuringAndOtherChargesAfterTaxAndNoncontrollingInterests_lbl" xml:lang="en-US" id="id_513966_591894_3_1">Amount charged against earnings in the period after-tax and noncontrolling interests for incurred and estimated costs associated with exit from or disposal of business activities or restructurings pursuant to a program that is planned and controlled by management, and materially changes either the scope of a business undertaken by an entity, or the manner in which that business is conducted.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_RestructuringAndOtherChargesAfterTaxAndNoncontrollingInterests_lbl" xml:lang="en-US" id="id_513966_591894_1_1">Restructuring And Other Charges After Tax And Noncontrolling Interests</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_RestructuringAndOtherChargesAfterTaxAndNoncontrollingInterests_lbl" xml:lang="en-US" id="id_513966_591894_2_1">Restructuring and other charges</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="aa_RestructuringAndOtherChargesAfterTaxAndNoncontrollingInterests_lbl" xml:lang="en-US" id="id_513966_591894_12_1">Restructuring and other charges, after-tax and noncontrolling interests</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_RestructuringAndOtherChargesAfterTaxAndNoncontrollingInterests" xlink:to="aa_RestructuringAndOtherChargesAfterTaxAndNoncontrollingInterests_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock" xlink:label="us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock_lbl" xml:lang="en-US" id="id_513966_581162_1_1">Restructuring And Related Activities Disclosure [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock_lbl" xml:lang="en-US" id="id_513966_581162_2_1">Restructuring And Other Charges</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock" xlink:to="us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RestructuringAndRelatedCostNumberOfPositionsEliminatedInceptionToDate" xlink:label="us-gaap_RestructuringAndRelatedCostNumberOfPositionsEliminatedInceptionToDate"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RestructuringAndRelatedCostNumberOfPositionsEliminatedInceptionToDate_lbl" xml:lang="en-US" id="id_513966_573996_1_1">Restructuring And Related Cost Number Of Positions Eliminated Inception To Date</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RestructuringAndRelatedCostNumberOfPositionsEliminatedInceptionToDate_lbl" xml:lang="en-US" id="id_513966_573996_2_1">Total number of employees already laid off</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RestructuringAndRelatedCostNumberOfPositionsEliminatedInceptionToDate" xlink:to="us-gaap_RestructuringAndRelatedCostNumberOfPositionsEliminatedInceptionToDate_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_RestructuringChargeForLayoffs" xlink:label="aa_RestructuringChargeForLayoffs"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_RestructuringChargeForLayoffs_lbl" xml:lang="en-US" id="id_513966_591888_3_1">Restructuring charge for layoffs.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_RestructuringChargeForLayoffs_lbl" xml:lang="en-US" id="id_513966_591888_1_1">Restructuring Charge For Layoffs</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_RestructuringChargeForLayoffs_lbl" xml:lang="en-US" id="id_513966_591888_2_1">Cash payments made against the layoff reserves</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_RestructuringChargeForLayoffs" xlink:to="aa_RestructuringChargeForLayoffs_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RestructuringCharges" xlink:label="us-gaap_RestructuringCharges"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RestructuringCharges_lbl" xml:lang="en-US" id="id_513966_579679_1_1">Restructuring Charges</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:label="us-gaap_RestructuringCharges_lbl" xml:lang="en-US" id="id_513966_579679_32_1">Restructuring charges</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/positiveTerseLabel" xlink:label="us-gaap_RestructuringCharges_lbl" xml:lang="en-US" id="id_513966_579679_33_1">Total restructuring and other charges</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_RestructuringCharges_lbl" xml:lang="en-US" id="id_513966_579679_12_1">Restructuring and other charges (C)</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RestructuringCostAndReserveAxis_lbl" xml:lang="en-US" id="id_513966_569727_1_1">Restructuring Cost And Reserve [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RestructuringCostAndReserveAxis_lbl" xml:lang="en-US" id="id_513966_569727_2_1">Restructuring Type [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RestructuringCostAndReserveAxis" xlink:to="us-gaap_RestructuringCostAndReserveAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RestructuringCostAndReserveLineItems" xlink:label="us-gaap_RestructuringCostAndReserveLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RestructuringCostAndReserveLineItems_lbl" xml:lang="en-US" id="id_513966_573560_1_1">Restructuring Cost And Reserve [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RestructuringCostAndReserveLineItems_lbl" xml:lang="en-US" id="id_513966_573560_2_1">Restructuring Cost and Reserve [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RestructuringCostAndReserveLineItems" xlink:to="us-gaap_RestructuringCostAndReserveLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_RestructuringProgramsLayoffs2009Member" xlink:label="aa_RestructuringProgramsLayoffs2009Member"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_RestructuringProgramsLayoffs2009Member_lbl" xml:lang="en-US" id="id_513966_589640_3_1">Restructuring programs (layoffs), 2009</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_RestructuringProgramsLayoffs2009Member_lbl" xml:lang="en-US" id="id_513966_589640_1_1">Restructuring Programs Layoffs 2009 [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_RestructuringProgramsLayoffs2009Member_lbl" xml:lang="en-US" id="id_513966_589640_2_1">Restructuring Programs Layoffs 2009 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_RestructuringProgramsLayoffs2009Member" xlink:to="aa_RestructuringProgramsLayoffs2009Member_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_RestructuringProgramsLayoffs2010Member" xlink:label="aa_RestructuringProgramsLayoffs2010Member"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_RestructuringProgramsLayoffs2010Member_lbl" xml:lang="en-US" id="id_513966_589641_3_1">Restructuring programs (layoffs), 2010 [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_RestructuringProgramsLayoffs2010Member_lbl" xml:lang="en-US" id="id_513966_589641_1_1">Restructuring Programs Layoffs 2010 [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_RestructuringProgramsLayoffs2010Member_lbl" xml:lang="en-US" id="id_513966_589641_2_1">Restructuring Programs Layoffs 2010 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_RestructuringProgramsLayoffs2010Member" xlink:to="aa_RestructuringProgramsLayoffs2010Member_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_RestructuringProgramsLayoffs2011Member" xlink:label="aa_RestructuringProgramsLayoffs2011Member"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_RestructuringProgramsLayoffs2011Member_lbl" xml:lang="en-US" id="id_513966_589642_3_1">Restructuring Programs Layoffs 2011 Member</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_RestructuringProgramsLayoffs2011Member_lbl" xml:lang="en-US" id="id_513966_589642_1_1">Restructuring Programs Layoffs 2011 [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_RestructuringProgramsLayoffs2011Member_lbl" xml:lang="en-US" id="id_513966_589642_2_1">Restructuring Programs Layoffs 2011 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_RestructuringProgramsLayoffs2011Member" xlink:to="aa_RestructuringProgramsLayoffs2011Member_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_RestructuringProgramsLayoffs2012Member" xlink:label="aa_RestructuringProgramsLayoffs2012Member"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_RestructuringProgramsLayoffs2012Member_lbl" xml:lang="en-US" id="id_513966_589643_3_1">Restructuring Programs (Layoffs), 2012 [Member].</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_RestructuringProgramsLayoffs2012Member_lbl" xml:lang="en-US" id="id_513966_589643_1_1">Restructuring Programs Layoffs 2012 [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_RestructuringProgramsLayoffs2012Member_lbl" xml:lang="en-US" id="id_513966_589643_2_1">Restructuring Programs Layoffs 2012 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_RestructuringProgramsLayoffs2012Member" xlink:to="aa_RestructuringProgramsLayoffs2012Member_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RestructuringReserve" xlink:label="us-gaap_RestructuringReserve"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RestructuringReserve_lbl" xml:lang="en-US" id="id_513966_566103_1_1">Restructuring Reserve</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_RestructuringReserve_lbl" xml:lang="en-US" id="id_513966_566103_4_1">Restructuring reserve ending balance</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_RestructuringReserve_lbl" xml:lang="en-US" id="id_513966_566103_5_1">Restructuring reserve beginning balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RestructuringReserve" xlink:to="us-gaap_RestructuringReserve_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_RestructuringReserveOtherAdjustment" xlink:label="aa_RestructuringReserveOtherAdjustment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_RestructuringReserveOtherAdjustment_lbl" xml:lang="en-US" id="id_513966_591901_3_1">Amount of any reversal and other adjustment, including foreign currency translation adjustments, made during the period to the amount of a previously accrued liability for a specified type of restructuring cost, excluding adjustments for costs incurred during the period and costs settled during the period.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_RestructuringReserveOtherAdjustment_lbl" xml:lang="en-US" id="id_513966_591901_1_1">Restructuring Reserve Other Adjustment</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_RestructuringReserveOtherAdjustment_lbl" xml:lang="en-US" id="id_513966_591901_2_1">Restructuring reserve, other adjustment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_RestructuringReserveOtherAdjustment" xlink:to="aa_RestructuringReserveOtherAdjustment_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_RestructuringReserveOtherAdjustmentAfterTaxExpense" xlink:label="aa_RestructuringReserveOtherAdjustmentAfterTaxExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_RestructuringReserveOtherAdjustmentAfterTaxExpense_lbl" xml:lang="en-US" id="id_513966_591902_3_1">Restructuring Reserve Other Adjustment After Tax Expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_RestructuringReserveOtherAdjustmentAfterTaxExpense_lbl" xml:lang="en-US" id="id_513966_591902_1_1">Restructuring Reserve Other Adjustment After Tax Expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_RestructuringReserveOtherAdjustmentAfterTaxExpense_lbl" xml:lang="en-US" id="id_513966_591902_2_1">Restructuring reserve, other adjustment, after-tax</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_RestructuringReserveOtherAdjustmentAfterTaxExpense" xlink:to="aa_RestructuringReserveOtherAdjustmentAfterTaxExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RestructuringReserveSettledWithCash" xlink:label="us-gaap_RestructuringReserveSettledWithCash"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RestructuringReserveSettledWithCash_lbl" xml:lang="en-US" id="id_513966_575262_1_1">Restructuring Reserve Settled With Cash</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_RestructuringReserveSettledWithCash_lbl" xml:lang="en-US" id="id_513966_575262_8_1">Cash payments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RestructuringReserveSettledWithCash" xlink:to="us-gaap_RestructuringReserveSettledWithCash_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xml:lang="en-US" id="id_513966_569172_1_1">Retained Earnings Accumulated Deficit</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xml:lang="en-US" id="id_513966_569172_2_1">Retained earnings</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RetainedEarningsAccumulatedDeficit" xlink:to="us-gaap_RetainedEarningsAccumulatedDeficit_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="us-gaap_RetainedEarningsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RetainedEarningsMember_lbl" xml:lang="en-US" id="id_513966_566988_1_1">Retained Earnings [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RetainedEarningsMember_lbl" xml:lang="en-US" id="id_513966_566988_2_1">Retained earnings [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RetainedEarningsMember" xlink:to="us-gaap_RetainedEarningsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_RetiredFormerEmployeesInvolvedInClassAction" xlink:label="aa_RetiredFormerEmployeesInvolvedInClassAction"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_RetiredFormerEmployeesInvolvedInClassAction_lbl" xml:lang="en-US" id="id_513966_591548_3_1">Retired former employees involved in class action</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_RetiredFormerEmployeesInvolvedInClassAction_lbl" xml:lang="en-US" id="id_513966_591548_1_1">Retired Former Employees Involved In Class Action</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_RetiredFormerEmployeesInvolvedInClassAction_lbl" xml:lang="en-US" id="id_513966_591548_2_1">Retired former employees involved in class action</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_RetiredFormerEmployeesInvolvedInClassAction" xlink:to="aa_RetiredFormerEmployeesInvolvedInClassAction_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_RevolvingCreditAgreementMember" xlink:label="aa_RevolvingCreditAgreementMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_RevolvingCreditAgreementMember_lbl" xml:lang="en-US" id="id_513966_589678_3_1">Revolving Credit Agreement [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_RevolvingCreditAgreementMember_lbl" xml:lang="en-US" id="id_513966_589678_1_1">Revolving Credit Agreement [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_RevolvingCreditAgreementMember_lbl" xml:lang="en-US" id="id_513966_589678_2_1">Revolving Credit Agreement [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_RevolvingCreditAgreementMember" xlink:to="aa_RevolvingCreditAgreementMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SaleOfCustomerReceivables" xlink:label="aa_SaleOfCustomerReceivables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SaleOfCustomerReceivables_lbl" xml:lang="en-US" id="id_513966_591865_3_1">Sale of customer receivables</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SaleOfCustomerReceivables_lbl" xml:lang="en-US" id="id_513966_591865_1_1">Sale Of Customer Receivables</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_SaleOfCustomerReceivables_lbl" xml:lang="en-US" id="id_513966_591865_2_1">Sale of customer receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SaleOfCustomerReceivables" xlink:to="aa_SaleOfCustomerReceivables_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SalesMember" xlink:label="us-gaap_SalesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SalesMember_lbl" xml:lang="en-US" id="id_513966_569206_1_1">Sales [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_SalesMember_lbl" xml:lang="en-US" id="id_513966_569206_2_1">Sales [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SalesMember" xlink:to="us-gaap_SalesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SalesRevenueGoodsNet" xlink:label="us-gaap_SalesRevenueGoodsNet"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SalesRevenueGoodsNet_lbl" xml:lang="en-US" id="id_513966_579276_1_1">Sales Revenue Goods Net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_SalesRevenueGoodsNet_lbl" xml:lang="en-US" id="id_513966_579276_2_1">Sales (I)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SalesRevenueGoodsNet" xlink:to="us-gaap_SalesRevenueGoodsNet_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable" xlink:label="us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable_lbl" xml:lang="en-US" id="id_513966_580733_1_1">Schedule Of Antidilutive Securities Excluded From Computation Of Earnings Per Share [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable_lbl" xml:lang="en-US" id="id_513966_580733_2_1">Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable" xlink:to="us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_ScheduleOfCarryingValuesAndFairValuesOfOtherFinancialInstrumentsTableTextBlock" xlink:label="aa_ScheduleOfCarryingValuesAndFairValuesOfOtherFinancialInstrumentsTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_ScheduleOfCarryingValuesAndFairValuesOfOtherFinancialInstrumentsTableTextBlock_lbl" xml:lang="en-US" id="id_513966_594915_3_1">Schedule Of Carrying Values And Fair Values Of Other Financial Instruments [Table Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_ScheduleOfCarryingValuesAndFairValuesOfOtherFinancialInstrumentsTableTextBlock_lbl" xml:lang="en-US" id="id_513966_594915_1_1">Schedule Of Carrying Values And Fair Values Of Other Financial Instruments Table [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_ScheduleOfCarryingValuesAndFairValuesOfOtherFinancialInstrumentsTableTextBlock_lbl" xml:lang="en-US" id="id_513966_594915_2_1">Schedule of Carrying Values and Fair Values of Other Financial Instruments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_ScheduleOfCarryingValuesAndFairValuesOfOtherFinancialInstrumentsTableTextBlock" xlink:to="aa_ScheduleOfCarryingValuesAndFairValuesOfOtherFinancialInstrumentsTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_ScheduleOfComponentsOfNetPeriodicBenefitCostTextBlock" xlink:label="aa_ScheduleOfComponentsOfNetPeriodicBenefitCostTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_ScheduleOfComponentsOfNetPeriodicBenefitCostTextBlock_lbl" xml:lang="en-US" id="id_513966_594886_3_1">Schedule Of Components of Net Periodic Benefit Cost [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_ScheduleOfComponentsOfNetPeriodicBenefitCostTextBlock_lbl" xml:lang="en-US" id="id_513966_594886_1_1">Schedule Of Components Of Net Periodic Benefit Cost [Text Block]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_ScheduleOfSegmentReportingInformationToConsolidateNetIncomeLossAttributableToParentTextBlock_lbl" xml:lang="en-US" id="id_513966_594804_3_1">Schedule Of Segment Reporting Information To Consolidate Net Income Loss Attributable To Parent [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_ScheduleOfSegmentReportingInformationToConsolidateNetIncomeLossAttributableToParentTextBlock_lbl" xml:lang="en-US" id="id_513966_594804_1_1">Schedule Of Segment Reporting Information To Consolidate Net Income Loss Attributable To Parent [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_ScheduleOfSegmentReportingInformationToConsolidateNetIncomeLossAttributableToParentTextBlock_lbl" xml:lang="en-US" id="id_513966_594804_2_1">Schedule of Segment Reporting Information to Consolidated Net Income Attributable to Alcoa</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_ScheduleOfSegmentReportingInformationToConsolidateNetIncomeLossAttributableToParentTextBlock" xlink:to="aa_ScheduleOfSegmentReportingInformationToConsolidateNetIncomeLossAttributableToParentTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfSubsequentEventsTextBlock" xlink:label="us-gaap_ScheduleOfSubsequentEventsTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfSubsequentEventsTextBlock_lbl" xml:lang="en-US" id="id_513966_580203_1_1">Schedule Of Subsequent Events [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ScheduleOfSubsequentEventsTextBlock_lbl" xml:lang="en-US" id="id_513966_580203_2_1">Subsequent Events</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfSubsequentEventsTextBlock" xlink:to="us-gaap_ScheduleOfSubsequentEventsTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_ScrgBrownfieldRecoveryCorpEnergyAnswersCorporationOfPuertoRicoMember" xlink:label="aa_ScrgBrownfieldRecoveryCorpEnergyAnswersCorporationOfPuertoRicoMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_ScrgBrownfieldRecoveryCorpEnergyAnswersCorporationOfPuertoRicoMember_lbl" xml:lang="en-US" id="id_513966_589718_3_1">SCRG, Brownfield Recovery Corp., Energy Answers Corporation Of Puerto Rico [Member].</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_ScrgBrownfieldRecoveryCorpEnergyAnswersCorporationOfPuertoRicoMember_lbl" xml:lang="en-US" id="id_513966_589718_1_1">Scrg Brownfield Recovery Corp Energy Answers Corporation Of Puerto Rico [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_ScrgBrownfieldRecoveryCorpEnergyAnswersCorporationOfPuertoRicoMember_lbl" xml:lang="en-US" id="id_513966_589718_2_1">Scrg Brownfield Recovery Corp Energy Answers Corporation Of Puerto Rico [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_ScrgBrownfieldRecoveryCorpEnergyAnswersCorporationOfPuertoRicoMember" xlink:to="aa_ScrgBrownfieldRecoveryCorpEnergyAnswersCorporationOfPuertoRicoMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SecondaryDerivativeInstrumentsGainLossByIncomeStatementLocationAxis" xlink:label="aa_SecondaryDerivativeInstrumentsGainLossByIncomeStatementLocationAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SecondaryDerivativeInstrumentsGainLossByIncomeStatementLocationAxis_lbl" xml:lang="en-US" id="id_513966_614554_3_1">Secondary Derivative Instruments Gain Loss By Income Statement Location [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SecondaryDerivativeInstrumentsGainLossByIncomeStatementLocationAxis_lbl" xml:lang="en-US" id="id_513966_614554_1_1">Secondary Derivative Instruments Gain Loss By Income Statement Location [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_SecondaryDerivativeInstrumentsGainLossByIncomeStatementLocationAxis_lbl" xml:lang="en-US" id="id_513966_614554_2_1">Secondary Derivative Instruments Gain Loss By Income Statement Location [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SecondaryDerivativeInstrumentsGainLossByIncomeStatementLocationAxis" xlink:to="aa_SecondaryDerivativeInstrumentsGainLossByIncomeStatementLocationAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SecondaryIncomeStatementAndOtherComprehensiveIncomeLocationDomain" xlink:label="aa_SecondaryIncomeStatementAndOtherComprehensiveIncomeLocationDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SecondaryIncomeStatementAndOtherComprehensiveIncomeLocationDomain_lbl" xml:lang="en-US" id="id_513966_616028_3_1">Secondary Income Statement And Other Comprehensive Income Location [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SecondaryIncomeStatementAndOtherComprehensiveIncomeLocationDomain_lbl" xml:lang="en-US" id="id_513966_616028_1_1">Secondary Income Statement And Other Comprehensive Income Location [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_SecondaryIncomeStatementAndOtherComprehensiveIncomeLocationDomain_lbl" xml:lang="en-US" id="id_513966_616028_2_1">Secondary Income Statement And Other Comprehensive Income Location [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SecondaryIncomeStatementAndOtherComprehensiveIncomeLocationDomain" xlink:to="aa_SecondaryIncomeStatementAndOtherComprehensiveIncomeLocationDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SecondLoanAgreementMember" xlink:label="aa_SecondLoanAgreementMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SecondLoanAgreementMember_lbl" xml:lang="en-US" id="id_513966_589723_3_1">Second Loan Agreement [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SecondLoanAgreementMember_lbl" xml:lang="en-US" id="id_513966_589723_1_1">Second Loan Agreement [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_SecondLoanAgreementMember_lbl" xml:lang="en-US" id="id_513966_589723_2_1">Second Loan Agreement [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SecondLoanAgreementMember" xlink:to="aa_SecondLoanAgreementMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SegmentDomain" xlink:label="us-gaap_SegmentDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SegmentDomain_lbl" xml:lang="en-US" id="id_513966_580616_1_1">Segment [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_SegmentDomain_lbl" xml:lang="en-US" id="id_513966_580616_2_1">Segment [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentDomain" xlink:to="us-gaap_SegmentDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="us-gaap_SegmentGeographicalDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SegmentGeographicalDomain_lbl" xml:lang="en-US" id="id_513966_572423_1_1">Segment Geographical [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_SegmentGeographicalDomain_lbl" xml:lang="en-US" id="id_513966_572423_2_1">Segment, Geographical [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentGeographicalDomain" xlink:to="us-gaap_SegmentGeographicalDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SegmentInformationMember" xlink:label="aa_SegmentInformationMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SegmentInformationMember_lbl" xml:lang="en-US" id="id_513966_589697_3_1">Segment Information [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SegmentInformationMember_lbl" xml:lang="en-US" id="id_513966_589697_1_1">Segment Information [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_SegmentInformationMember_lbl" xml:lang="en-US" id="id_513966_589697_2_1">Segment Information [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SegmentInformationMember" xlink:to="aa_SegmentInformationMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SegmentReportingDisclosureTextBlock" xlink:label="us-gaap_SegmentReportingDisclosureTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SegmentReportingDisclosureTextBlock_lbl" xml:lang="en-US" id="id_513966_578709_1_1">Segment Reporting Disclosure [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_SegmentReportingDisclosureTextBlock_lbl" xml:lang="en-US" id="id_513966_578709_2_1">Segment Information</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingDisclosureTextBlock" xlink:to="us-gaap_SegmentReportingDisclosureTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SegmentReportingInformationCorporateExpenses" xlink:label="aa_SegmentReportingInformationCorporateExpenses"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SegmentReportingInformationCorporateExpenses_lbl" xml:lang="en-US" id="id_513966_591950_3_1">Segment Reporting Information Corporate Expenses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SegmentReportingInformationCorporateExpenses_lbl" xml:lang="en-US" id="id_513966_591950_1_1">Segment Reporting Information Corporate Expenses</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="aa_SegmentReportingInformationCorporateExpenses_lbl" xml:lang="en-US" id="id_513966_591950_8_1">Corporate expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SegmentReportingInformationCorporateExpenses" xlink:to="aa_SegmentReportingInformationCorporateExpenses_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SegmentReportingInformationDepreciationDepletionAndAmortizationExpenseTotal" xlink:label="aa_SegmentReportingInformationDepreciationDepletionAndAmortizationExpenseTotal"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SegmentReportingInformationDepreciationDepletionAndAmortizationExpenseTotal_lbl" xml:lang="en-US" id="id_513966_591952_3_1">Segment Reporting Information Depreciation Depletion And Amortization Expense Total</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SegmentReportingInformationDepreciationDepletionAndAmortizationExpenseTotal_lbl" xml:lang="en-US" id="id_513966_591952_1_1">Segment Reporting Information Depreciation Depletion And Amortization Expense Total</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_SegmentReportingInformationDepreciationDepletionAndAmortizationExpenseTotal_lbl" xml:lang="en-US" id="id_513966_591952_2_1">Depreciation, depletion, and amortization</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SegmentReportingInformationDepreciationDepletionAndAmortizationExpenseTotal" xlink:to="aa_SegmentReportingInformationDepreciationDepletionAndAmortizationExpenseTotal_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SegmentReportingInformationEquityInNetIncomeOfEquityMethodInvesteesOfSegmentTotal" xlink:label="aa_SegmentReportingInformationEquityInNetIncomeOfEquityMethodInvesteesOfSegmentTotal"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SegmentReportingInformationEquityInNetIncomeOfEquityMethodInvesteesOfSegmentTotal_lbl" xml:lang="en-US" id="id_513966_591954_3_1">Equity in net income of equity method investees of segment total.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SegmentReportingInformationEquityInNetIncomeOfEquityMethodInvesteesOfSegmentTotal_lbl" xml:lang="en-US" id="id_513966_591954_1_1">Segment Reporting Information Equity In Net Income Of Equity Method Investees Of Segment Total</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_SegmentReportingInformationEquityInNetIncomeOfEquityMethodInvesteesOfSegmentTotal_lbl" xml:lang="en-US" id="id_513966_591954_2_1">Equity income (loss)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SegmentReportingInformationEquityInNetIncomeOfEquityMethodInvesteesOfSegmentTotal" xlink:to="aa_SegmentReportingInformationEquityInNetIncomeOfEquityMethodInvesteesOfSegmentTotal_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SegmentReportingInformationImpactOfLastInFirstOut" xlink:label="aa_SegmentReportingInformationImpactOfLastInFirstOut"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SegmentReportingInformationImpactOfLastInFirstOut_lbl" xml:lang="en-US" id="id_513966_591955_3_1">Segment reporting information impact of last in first out.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SegmentReportingInformationImpactOfLastInFirstOut_lbl" xml:lang="en-US" id="id_513966_591955_1_1">Segment Reporting Information Impact Of Last In First Out</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="aa_SegmentReportingInformationImpactOfLastInFirstOut_lbl" xml:lang="en-US" id="id_513966_591955_8_1">Impact of LIFO</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SegmentReportingInformationImpactOfLastInFirstOut" xlink:to="aa_SegmentReportingInformationImpactOfLastInFirstOut_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SegmentReportingInformationIncomeTaxExpenseBenefitTotal" xlink:label="aa_SegmentReportingInformationIncomeTaxExpenseBenefitTotal"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SegmentReportingInformationIncomeTaxExpenseBenefitTotal_lbl" xml:lang="en-US" id="id_513966_591957_3_1">Segment Reporting Information Income Tax Expense Benefit Total</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SegmentReportingInformationIncomeTaxExpenseBenefitTotal_lbl" xml:lang="en-US" id="id_513966_591957_1_1">Segment Reporting Information Income Tax Expense Benefit Total</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_SegmentReportingInformationIncomeTaxExpenseBenefitTotal_lbl" xml:lang="en-US" id="id_513966_591957_2_1">Income taxes</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SegmentReportingInformationIncomeTaxExpenseBenefitTotal" xlink:to="aa_SegmentReportingInformationIncomeTaxExpenseBenefitTotal_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SegmentReportingInformationIntersegmentRevenueTotal" xlink:label="aa_SegmentReportingInformationIntersegmentRevenueTotal"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SegmentReportingInformationIntersegmentRevenueTotal_lbl" xml:lang="en-US" id="id_513966_591958_3_1">Segment Reporting Information Intersegment Revenue Total</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SegmentReportingInformationIntersegmentRevenueTotal_lbl" xml:lang="en-US" id="id_513966_591958_1_1">Segment Reporting Information Intersegment Revenue Total</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_SegmentReportingInformationIntersegmentRevenueTotal_lbl" xml:lang="en-US" id="id_513966_591958_2_1">Intersegment sales</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SegmentReportingInformationIntersegmentRevenueTotal" xlink:to="aa_SegmentReportingInformationIntersegmentRevenueTotal_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="us-gaap_SegmentReportingInformationLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SegmentReportingInformationLineItems_lbl" xml:lang="en-US" id="id_513966_579790_1_1">Segment Reporting Information [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_SegmentReportingInformationLineItems_lbl" xml:lang="en-US" id="id_513966_579790_2_1">Segment Reporting Information [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SegmentReportingInformationLineItems" xlink:to="us-gaap_SegmentReportingInformationLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SegmentReportingInformationOtherIncomeExpenseNet" xlink:label="aa_SegmentReportingInformationOtherIncomeExpenseNet"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SegmentReportingInformationOtherIncomeExpenseNet_lbl" xml:lang="en-US" id="id_513966_591959_3_1">Segment Reporting Information Other Income Expense Net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SegmentReportingInformationOtherIncomeExpenseNet_lbl" xml:lang="en-US" id="id_513966_591959_1_1">Segment Reporting Information Other Income Expense Net</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="aa_SegmentReportingInformationOtherIncomeExpenseNet_lbl" xml:lang="en-US" id="id_513966_591959_8_1">Other*</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SegmentReportingInformationOtherIncomeExpenseNet" xlink:to="aa_SegmentReportingInformationOtherIncomeExpenseNet_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SegmentReportingInformationProfitLossTotal" xlink:label="aa_SegmentReportingInformationProfitLossTotal"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SegmentReportingInformationProfitLossTotal_lbl" xml:lang="en-US" id="id_513966_591960_3_1">Segment Reporting Information Profit Loss Total</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SegmentReportingInformationProfitLossTotal_lbl" xml:lang="en-US" id="id_513966_591960_1_1">Segment Reporting Information Profit Loss Total</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_SegmentReportingInformationProfitLossTotal_lbl" xml:lang="en-US" id="id_513966_591960_2_1">After-tax operating income (ATOI)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SegmentReportingInformationProfitLossTotal" xlink:to="aa_SegmentReportingInformationProfitLossTotal_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SegmentReportingInformationRestructuringAndOtherCharges" xlink:label="aa_SegmentReportingInformationRestructuringAndOtherCharges"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SegmentReportingInformationRestructuringAndOtherCharges_lbl" xml:lang="en-US" id="id_513966_591961_3_1">Segment Reporting Information Restructuring And Other Charges</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SegmentReportingInformationRestructuringAndOtherCharges_lbl" xml:lang="en-US" id="id_513966_591961_1_1">Segment Reporting Information Restructuring And Other Charges</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="aa_SegmentReportingInformationRestructuringAndOtherCharges_lbl" xml:lang="en-US" id="id_513966_591961_8_1">Restructuring and other charges</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SegmentReportingInformationRestructuringAndOtherCharges" xlink:to="aa_SegmentReportingInformationRestructuringAndOtherCharges_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SegmentReportingInformationRevenueFromExternalCustomersTotal" xlink:label="aa_SegmentReportingInformationRevenueFromExternalCustomersTotal"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SegmentReportingInformationRevenueFromExternalCustomersTotal_lbl" xml:lang="en-US" id="id_513966_591962_3_1">Segment Reporting Information Revenue From External Customers Total</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SegmentReportingInformationRevenueFromExternalCustomersTotal_lbl" xml:lang="en-US" id="id_513966_591962_1_1">Segment Reporting Information Revenue From External Customers Total</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_SegmentReportingInformationRevenueFromExternalCustomersTotal_lbl" xml:lang="en-US" id="id_513966_591962_2_1">Third-party sales</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SegmentReportingInformationRevenueTotal_lbl" xml:lang="en-US" id="id_513966_591948_3_1">Segment Reporting Information Revenue Total</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SegmentReportingInformationRevenueTotal_lbl" xml:lang="en-US" id="id_513966_591948_1_1">Segment Reporting Information Revenue Total</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="aa_SegmentReportingInformationRevenueTotal_lbl" xml:lang="en-US" id="id_513966_591948_6_1">Total sales</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SegmentReportingInformationRevenueTotal" xlink:to="aa_SegmentReportingInformationRevenueTotal_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SegmentTotalMember" xlink:label="aa_SegmentTotalMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SegmentTotalMember_lbl" xml:lang="en-US" id="id_513966_589928_3_1">Segment total [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SegmentTotalMember_lbl" xml:lang="en-US" id="id_513966_589928_1_1">Segment Total [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_SegmentTotalMember_lbl" xml:lang="en-US" id="id_513966_589928_2_1">Segment Total [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SegmentTotalMember" xlink:to="aa_SegmentTotalMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SellingGeneralAndAdministrativeExpense" xlink:label="us-gaap_SellingGeneralAndAdministrativeExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SellingGeneralAndAdministrativeExpense_lbl" xml:lang="en-US" id="id_513966_577027_1_1">Selling General And Administrative Expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_SellingGeneralAndAdministrativeExpense_lbl" xml:lang="en-US" id="id_513966_577027_2_1">Selling, general administrative, and other expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SellingGeneralAndAdministrativeExpense" xlink:to="us-gaap_SellingGeneralAndAdministrativeExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SerraDoFacaoProjectMember" xlink:label="aa_SerraDoFacaoProjectMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SerraDoFacaoProjectMember_lbl" xml:lang="en-US" id="id_513966_589937_3_1">Serra do Facao Project [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SerraDoFacaoProjectMember_lbl" xml:lang="en-US" id="id_513966_589937_1_1">Serra Do Facao Project [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_SerraDoFacaoProjectMember_lbl" xml:lang="en-US" id="id_513966_589937_2_1">Serra Do Facao Project [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SerraDoFacaoProjectMember" xlink:to="aa_SerraDoFacaoProjectMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="us-gaap_ShareBasedCompensation"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensation_lbl" xml:lang="en-US" id="id_513966_570386_1_1">Share Based Compensation</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShareBasedCompensation_lbl" xml:lang="en-US" id="id_513966_570386_2_1">Stock-based compensation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensation" xlink:to="us-gaap_ShareBasedCompensation_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SharesThatWouldHaveBeenIncludedInDilutedEarningsPerShareCalculation" xlink:label="aa_SharesThatWouldHaveBeenIncludedInDilutedEarningsPerShareCalculation"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SharesThatWouldHaveBeenIncludedInDilutedEarningsPerShareCalculation_lbl" xml:lang="en-US" id="id_513966_594424_3_1">Shares that would have been included in diluted earnings per share calculation</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SharesThatWouldHaveBeenIncludedInDilutedEarningsPerShareCalculation_lbl" xml:lang="en-US" id="id_513966_594424_1_1">Shares That Would Have Been Included In Diluted Earnings Per Share Calculation</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_SharesThatWouldHaveBeenIncludedInDilutedEarningsPerShareCalculation_lbl" xml:lang="en-US" id="id_513966_594424_2_1">Shares that would have been included in diluted earnings per share calculation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SharesThatWouldHaveBeenIncludedInDilutedEarningsPerShareCalculation" xlink:to="aa_SharesThatWouldHaveBeenIncludedInDilutedEarningsPerShareCalculation_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SherwinTXMember" xlink:label="aa_SherwinTXMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SherwinTXMember_lbl" xml:lang="en-US" id="id_513966_683364_3_1">Sherwin, TX [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SherwinTXMember_lbl" xml:lang="en-US" id="id_513966_683364_1_1">Sherwin T X [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_SherwinTXMember_lbl" xml:lang="en-US" id="id_513966_683364_2_1">Sherwin, TX [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SherwinTXMember" xlink:to="aa_SherwinTXMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShortTermBankLoansAndNotesPayable" xlink:label="us-gaap_ShortTermBankLoansAndNotesPayable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortTermBankLoansAndNotesPayable_lbl" xml:lang="en-US" id="id_513966_571290_1_1">Short Term Bank Loans And Notes Payable</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortTermBankLoansAndNotesPayable_lbl" xml:lang="en-US" id="id_513966_571290_2_1">Short-term borrowings (F)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortTermBankLoansAndNotesPayable" xlink:to="us-gaap_ShortTermBankLoansAndNotesPayable_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShortTermDebtMember" xlink:label="us-gaap_ShortTermDebtMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortTermDebtMember_lbl" xml:lang="en-US" id="id_513966_581725_1_1">Short Term Debt [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortTermDebtMember_lbl" xml:lang="en-US" id="id_513966_581725_2_1">Short-term Debt [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortTermDebtMember" xlink:to="us-gaap_ShortTermDebtMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SixYearNaturalGasSupplyContractMember" xlink:label="aa_SixYearNaturalGasSupplyContractMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SixYearNaturalGasSupplyContractMember_lbl" xml:lang="en-US" id="id_513966_589990_3_1">Six-Year Natural Gas Supply Contract</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SixYearNaturalGasSupplyContractMember_lbl" xml:lang="en-US" id="id_513966_589990_1_1">Six Year Natural Gas Supply Contract [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_SixYearNaturalGasSupplyContractMember_lbl" xml:lang="en-US" id="id_513966_589990_2_1">Six Year Natural Gas Supply Contract [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SixYearNaturalGasSupplyContractMember" xlink:to="aa_SixYearNaturalGasSupplyContractMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SmallLayoffReservesRelatedToPriorPeriodsMember" xlink:label="aa_SmallLayoffReservesRelatedToPriorPeriodsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SmallLayoffReservesRelatedToPriorPeriodsMember_lbl" xml:lang="en-US" id="id_513966_590007_3_1">Small Layoff Reserves Related To Prior Periods [Member].</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SmallLayoffReservesRelatedToPriorPeriodsMember_lbl" xml:lang="en-US" id="id_513966_590007_1_1">Small Layoff Reserves Related To Prior Periods [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_SmallLayoffReservesRelatedToPriorPeriodsMember_lbl" xml:lang="en-US" id="id_513966_590007_2_1">Small Layoff Reserves Related To Prior Periods [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SmallLayoffReservesRelatedToPriorPeriodsMember" xlink:to="aa_SmallLayoffReservesRelatedToPriorPeriodsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SmelterCurtailmentsMember" xlink:label="aa_SmelterCurtailmentsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SmelterCurtailmentsMember_lbl" xml:lang="en-US" id="id_513966_590008_3_1">Smelter Curtailments [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SmelterCurtailmentsMember_lbl" xml:lang="en-US" id="id_513966_590008_1_1">Smelter Curtailments [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_SmelterCurtailmentsMember_lbl" xml:lang="en-US" id="id_513966_590008_2_1">Smelter Curtailments [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SmelterCurtailmentsMember" xlink:to="aa_SmelterCurtailmentsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SmelterOperationMember" xlink:label="aa_SmelterOperationMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SmelterOperationMember_lbl" xml:lang="en-US" id="id_513966_590009_3_1">Smelter Operation [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SmelterOperationMember_lbl" xml:lang="en-US" id="id_513966_590009_1_1">Smelter Operation [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_SmelterOperationMember_lbl" xml:lang="en-US" id="id_513966_590009_2_1">Smelter Sites [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SmelterOperationMember" xlink:to="aa_SmelterOperationMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SmeltingAndRollingMillCompaniesMember" xlink:label="aa_SmeltingAndRollingMillCompaniesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SmeltingAndRollingMillCompaniesMember_lbl" xml:lang="en-US" id="id_513966_590010_3_1">Smelting and Rolling Mill Companies [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SmeltingAndRollingMillCompaniesMember_lbl" xml:lang="en-US" id="id_513966_590010_1_1">Smelting And Rolling Mill Companies [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_SmeltingAndRollingMillCompaniesMember_lbl" xml:lang="en-US" id="id_513966_590010_2_1">Smelting And Rolling Mill Companies [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SmeltingAndRollingMillCompaniesMember" xlink:to="aa_SmeltingAndRollingMillCompaniesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SpanishGovernmentMember" xlink:label="aa_SpanishGovernmentMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SpanishGovernmentMember_lbl" xml:lang="en-US" id="id_513966_589998_3_1">Spanish Government [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SpanishGovernmentMember_lbl" xml:lang="en-US" id="id_513966_589998_1_1">Spanish Government [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_SpanishGovernmentMember_lbl" xml:lang="en-US" id="id_513966_589998_2_1">Spanish Government [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SpanishGovernmentMember" xlink:to="aa_SpanishGovernmentMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="us-gaap_StatementBusinessSegmentsAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementBusinessSegmentsAxis_lbl" xml:lang="en-US" id="id_513966_572160_1_1">Statement Business Segments [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_StatementBusinessSegmentsAxis_lbl" xml:lang="en-US" id="id_513966_572160_2_1">Business Segments [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementBusinessSegmentsAxis" xlink:to="us-gaap_StatementBusinessSegmentsAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="us-gaap_StatementEquityComponentsAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementEquityComponentsAxis_lbl" xml:lang="en-US" id="id_513966_570904_1_1">Statement Equity Components [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_StatementEquityComponentsAxis_lbl" xml:lang="en-US" id="id_513966_570904_2_1">Equity Components [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementEquityComponentsAxis" xlink:to="us-gaap_StatementEquityComponentsAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="us-gaap_StatementGeographicalAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementGeographicalAxis_lbl" xml:lang="en-US" id="id_513966_577830_1_1">Statement Geographical [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_StatementGeographicalAxis_lbl" xml:lang="en-US" id="id_513966_577830_2_1">Geographical [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementGeographicalAxis" xlink:to="us-gaap_StatementGeographicalAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementLineItems" xlink:label="us-gaap_StatementLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementLineItems_lbl" xml:lang="en-US" id="id_513966_569151_1_1">Statement [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_StatementLineItems_lbl" xml:lang="en-US" id="id_513966_569151_2_1">Statement [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementLineItems" xlink:to="us-gaap_StatementLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="us-gaap_StatementOfCashFlowsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementOfCashFlowsAbstract_lbl" xml:lang="en-US" id="id_513966_576739_1_1">Statement Of Cash Flows [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_StatementOfCashFlowsAbstract_lbl" xml:lang="en-US" id="id_513966_576739_2_1">Statement of Cash Flows [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementOfCashFlowsAbstract" xlink:to="us-gaap_StatementOfCashFlowsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="us-gaap_StatementOfFinancialPositionAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementOfFinancialPositionAbstract_lbl" xml:lang="en-US" id="id_513966_574683_1_1">Statement Of Financial Position [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_StatementOfFinancialPositionAbstract_lbl" xml:lang="en-US" id="id_513966_574683_2_1">Statement of Financial Position [Abstract]</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xlink:label="us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_StatementOfStockholdersEquityAbstract_lbl" xml:lang="en-US" id="id_513966_568655_2_1">Statement of Stockholders' Equity [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementOfStockholdersEquityAbstract" xlink:to="us-gaap_StatementOfStockholdersEquityAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementTable" xlink:label="us-gaap_StatementTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementTable_lbl" xml:lang="en-US" id="id_513966_569494_1_1">Statement [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_StatementTable_lbl" xml:lang="en-US" id="id_513966_569494_2_1">Statement [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementTable" xlink:to="us-gaap_StatementTable_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_StockAndPerformanceAwardsMember" xlink:label="aa_StockAndPerformanceAwardsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_StockAndPerformanceAwardsMember_lbl" xml:lang="en-US" id="id_513966_590013_3_1">Stock And Performance Awards [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_StockAndPerformanceAwardsMember_lbl" xml:lang="en-US" id="id_513966_590013_1_1">Stock And Performance Awards [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_StockAndPerformanceAwardsMember_lbl" xml:lang="en-US" id="id_513966_590013_2_1">Stock And Performance Awards [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_StockAndPerformanceAwardsMember" xlink:to="aa_StockAndPerformanceAwardsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_StockAwardMember" xlink:label="aa_StockAwardMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_StockAwardMember_lbl" xml:lang="en-US" id="id_513966_660291_3_1">Stock Award [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_StockAwardMember_lbl" xml:lang="en-US" id="id_513966_660291_1_1">Stock Award [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_StockAwardMember_lbl" xml:lang="en-US" id="id_513966_660291_2_1">Stock awards [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_StockAwardMember" xlink:to="aa_StockAwardMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="us-gaap_StockholdersEquity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquity_lbl" xml:lang="en-US" id="id_513966_581392_1_1">Stockholders Equity</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_StockholdersEquity_lbl" xml:lang="en-US" id="id_513966_581392_6_1">Total Alcoa shareholders' equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockholdersEquityAbstract" xlink:label="us-gaap_StockholdersEquityAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquityAbstract_lbl" xml:lang="en-US" id="id_513966_572017_1_1">Stockholders Equity [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_StockholdersEquityAbstract_lbl" xml:lang="en-US" id="id_513966_572017_2_1">Alcoa shareholders' equity:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityAbstract" xlink:to="us-gaap_StockholdersEquityAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_lbl" xml:lang="en-US" id="id_513966_566748_1_1">Stockholders Equity Including Portion Attributable To Noncontrolling Interest</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_lbl" xml:lang="en-US" id="id_513966_566748_4_1">Balance</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_lbl" xml:lang="en-US" id="id_513966_566748_5_1">Balance</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_lbl" xml:lang="en-US" id="id_513966_566748_6_1">Total equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:to="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_lbl" xml:lang="en-US" id="id_513966_567756_1_1">Stockholders Equity Including Portion Attributable To Noncontrolling Interest [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_lbl" xml:lang="en-US" id="id_513966_567756_2_1">EQUITY</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:to="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockholdersEquityOther" xlink:label="us-gaap_StockholdersEquityOther"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquityOther_lbl" xml:lang="en-US" id="id_513966_569354_1_1">Stockholders Equity Other</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_StockholdersEquityOther_lbl" xml:lang="en-US" id="id_513966_569354_8_1">Other</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityOther" xlink:to="us-gaap_StockholdersEquityOther_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xml:lang="en-US" id="id_513966_578208_1_1">Stock Issued During Period Value New Issues</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xml:lang="en-US" id="id_513966_578208_2_1">Issuance of common stock</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:to="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation" xlink:label="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_lbl" xml:lang="en-US" id="id_513966_577207_1_1">Stock Issued During Period Value Share Based Compensation</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_lbl" xml:lang="en-US" id="id_513966_577207_2_1">Common stock issued: compensation plans</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation" xlink:to="us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockOptionsMember" xlink:label="us-gaap_StockOptionsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockOptionsMember_lbl" xml:lang="en-US" id="id_513966_580470_1_1">Stock Options [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_StockOptionsMember_lbl" xml:lang="en-US" id="id_513966_580470_2_1">Stock options [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockOptionsMember" xlink:to="us-gaap_StockOptionsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SubsequentEventsLineItems" xlink:label="aa_SubsequentEventsLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SubsequentEventsLineItems_lbl" xml:lang="en-US" id="id_513966_630762_3_1">Subsequent Events [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SubsequentEventsLineItems_lbl" xml:lang="en-US" id="id_513966_630762_1_1">Subsequent Events [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_SubsequentEventsLineItems_lbl" xml:lang="en-US" id="id_513966_630762_2_1">Subsequent Events [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SubsequentEventsLineItems" xlink:to="aa_SubsequentEventsLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SubsequentEventsTable" xlink:label="aa_SubsequentEventsTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SubsequentEventsTable_lbl" xml:lang="en-US" id="id_513966_630763_3_1">Subsequent Events [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SubsequentEventsTable_lbl" xml:lang="en-US" id="id_513966_630763_1_1">Subsequent Events [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_SubsequentEventsTable_lbl" xml:lang="en-US" id="id_513966_630763_2_1">Subsequent Events [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SubsequentEventsTable" xlink:to="aa_SubsequentEventsTable_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SupplyCommitmentArrangementMember" xlink:label="us-gaap_SupplyCommitmentArrangementMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SupplyCommitmentArrangementMember_lbl" xml:lang="en-US" id="id_513966_570222_1_1">Supply Commitment Arrangement [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_SupplyCommitmentArrangementMember_lbl" xml:lang="en-US" id="id_513966_570222_2_1">Supply Commitment Arrangement [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SupplyCommitmentArrangementMember" xlink:to="us-gaap_SupplyCommitmentArrangementMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SupplyCommitmentAxis" xlink:label="us-gaap_SupplyCommitmentAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SupplyCommitmentAxis_lbl" xml:lang="en-US" id="id_513966_578432_1_1">Supply Commitment [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_SupplyCommitmentAxis_lbl" xml:lang="en-US" id="id_513966_578432_2_1">Supply Commitment [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SupplyCommitmentAxis" xlink:to="us-gaap_SupplyCommitmentAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_SupplyContractDuration" xlink:label="aa_SupplyContractDuration"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_SupplyContractDuration_lbl" xml:lang="en-US" id="id_513966_591420_3_1">Supply Contract Duration</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_SupplyContractDuration_lbl" xml:lang="en-US" id="id_513966_591420_1_1">Supply Contract Duration</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_SupplyContractDuration_lbl" xml:lang="en-US" id="id_513966_591420_2_1">Supply contract duration</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_SupplyContractDuration" xlink:to="aa_SupplyContractDuration_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_TariffsGrantedBySpainMember" xlink:label="aa_TariffsGrantedBySpainMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_TariffsGrantedBySpainMember_lbl" xml:lang="en-US" id="id_513966_589804_3_1">Tariffs granted by Spain [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_TariffsGrantedBySpainMember_lbl" xml:lang="en-US" id="id_513966_589804_1_1">Tariffs Granted By Spain [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_TariffsGrantedBySpainMember_lbl" xml:lang="en-US" id="id_513966_589804_2_1">Tariffs Granted By Spain [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_TariffsGrantedBySpainMember" xlink:to="aa_TariffsGrantedBySpainMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TaxesPayableCurrent" xlink:label="us-gaap_TaxesPayableCurrent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TaxesPayableCurrent_lbl" xml:lang="en-US" id="id_513966_573536_1_1">Taxes Payable Current</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_TaxesPayableCurrent_lbl" xml:lang="en-US" id="id_513966_573536_2_1">Taxes, including income taxes</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TaxesPayableCurrent" xlink:to="us-gaap_TaxesPayableCurrent_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="us-gaap_TextBlockAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TextBlockAbstract_lbl" xml:lang="en-US" id="id_513966_579246_1_1">Text Block [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_TextBlockAbstract_lbl" xml:lang="en-US" id="id_513966_579246_2_1">Text Block [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TextBlockAbstract" xlink:to="us-gaap_TextBlockAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_ThirdLoanAgreementMember" xlink:label="aa_ThirdLoanAgreementMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_ThirdLoanAgreementMember_lbl" xml:lang="en-US" id="id_513966_823976_3_1">Third Loan Agreement [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_ThirdLoanAgreementMember_lbl" xml:lang="en-US" id="id_513966_823976_1_1">Third Loan Agreement [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_ThirdLoanAgreementMember_lbl" xml:lang="en-US" id="id_513966_823976_2_1">Third Loan Agreement [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_ThirdLoanAgreementMember" xlink:to="aa_ThirdLoanAgreementMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_ThreeHundredFiftyOneMegawattTapocoHydroelectricProjectMember" xlink:label="aa_ThreeHundredFiftyOneMegawattTapocoHydroelectricProjectMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_ThreeHundredFiftyOneMegawattTapocoHydroelectricProjectMember_lbl" xml:lang="en-US" id="id_513966_683090_3_1">Three Hundred Fifty One Megawatt Tapoco Hydroelectric Project Member</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_ThreeHundredFiftyOneMegawattTapocoHydroelectricProjectMember_lbl" xml:lang="en-US" id="id_513966_683090_1_1">Three Hundred Fifty One Megawatt Tapoco Hydroelectric Project [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_ThreeHundredFiftyOneMegawattTapocoHydroelectricProjectMember_lbl" xml:lang="en-US" id="id_513966_683090_2_1">Three Hundred Fifty One Megawatt Tapoco Hydroelectric Project [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_ThreeHundredFiftyOneMegawattTapocoHydroelectricProjectMember" xlink:to="aa_ThreeHundredFiftyOneMegawattTapocoHydroelectricProjectMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_ThreeYearEquityCallPlanMember" xlink:label="aa_ThreeYearEquityCallPlanMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_ThreeYearEquityCallPlanMember_lbl" xml:lang="en-US" id="id_513966_589907_3_1">Three-Year Equity Call Plan</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_ThreeYearEquityCallPlanMember_lbl" xml:lang="en-US" id="id_513966_589907_1_1">Three Year Equity Call Plan [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_ThreeYearEquityCallPlanMember_lbl" xml:lang="en-US" id="id_513966_589907_2_1">Three Year Equity Call Plan [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_ThreeYearEquityCallPlanMember" xlink:to="aa_ThreeYearEquityCallPlanMember_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_TotalCostsAndExpenses" xlink:label="aa_TotalCostsAndExpenses"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_TotalCostsAndExpenses_lbl" xml:lang="en-US" id="id_513966_592020_3_1">The net total of all costs and expenses associated with normal operations and income and expenses associated with nonoperating activities, including interest and debt-related expenses.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_TotalCostsAndExpenses_lbl" xml:lang="en-US" id="id_513966_592020_1_1">Total Costs And Expenses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="aa_TotalCostsAndExpenses_lbl" xml:lang="en-US" id="id_513966_592020_6_1">Total costs and expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_TotalCostsAndExpenses" xlink:to="aa_TotalCostsAndExpenses_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_TotalEnergyDemand" xlink:label="aa_TotalEnergyDemand"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_TotalEnergyDemand_lbl" xml:lang="en-US" id="id_513966_594272_3_1">Total energy demand.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_TotalEnergyDemand_lbl" xml:lang="en-US" id="id_513966_594272_1_1">Total Energy Demand</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_TotalEnergyDemand_lbl" xml:lang="en-US" id="id_513966_594272_2_1">Total energy demand</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_TotalEnergyDemand" xlink:to="aa_TotalEnergyDemand_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_TotalInvestmentInProject" xlink:label="aa_TotalInvestmentInProject"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_TotalInvestmentInProject_lbl" xml:lang="en-US" id="id_513966_592011_3_1">Total investment in project</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_TotalInvestmentInProject_lbl" xml:lang="en-US" id="id_513966_592011_1_1">Total Investment In Project</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_TotalInvestmentInProject_lbl" xml:lang="en-US" id="id_513966_592011_2_1">Total investment in project</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_TotalInvestmentInProject" xlink:to="aa_TotalInvestmentInProject_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_TotalSegmentAfterTaxOperatingIncome" xlink:label="aa_TotalSegmentAfterTaxOperatingIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_TotalSegmentAfterTaxOperatingIncome_lbl" xml:lang="en-US" id="id_513966_591999_3_1">Total segment after-tax operating income.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_TotalSegmentAfterTaxOperatingIncome_lbl" xml:lang="en-US" id="id_513966_591999_1_1">Total Segment After Tax Operating Income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_TotalSegmentAfterTaxOperatingIncome_lbl" xml:lang="en-US" id="id_513966_591999_2_1">Total segment ATOI</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_TotalSegmentAfterTaxOperatingIncome" xlink:to="aa_TotalSegmentAfterTaxOperatingIncome_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_TotalShareOfProject" xlink:label="aa_TotalShareOfProject"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_TotalShareOfProject_lbl" xml:lang="en-US" id="id_513966_592002_3_1">Total share of project.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_TotalShareOfProject_lbl" xml:lang="en-US" id="id_513966_592002_1_1">Total Share Of Project</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_TotalShareOfProject_lbl" xml:lang="en-US" id="id_513966_592002_2_1">Aluminio's share of project</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_TotalShareOfProject" xlink:to="aa_TotalShareOfProject_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US" id="id_513966_565193_1_1">Trading Symbol</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US" id="id_513966_565193_2_1">Trading Symbol</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialAssetsTextBlock" xlink:label="us-gaap_TransfersAndServicingOfFinancialAssetsTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TransfersAndServicingOfFinancialAssetsTextBlock_lbl" xml:lang="en-US" id="id_513966_567290_1_1">Transfers And Servicing Of Financial Assets [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_TransfersAndServicingOfFinancialAssetsTextBlock_lbl" xml:lang="en-US" id="id_513966_567290_2_1">Receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TransfersAndServicingOfFinancialAssetsTextBlock" xlink:to="us-gaap_TransfersAndServicingOfFinancialAssetsTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TranslationAdjustmentFunctionalToReportingCurrencyIncreaseDecreaseGrossOfTax" xlink:label="us-gaap_TranslationAdjustmentFunctionalToReportingCurrencyIncreaseDecreaseGrossOfTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TranslationAdjustmentFunctionalToReportingCurrencyIncreaseDecreaseGrossOfTax_lbl" xml:lang="en-US" id="id_513966_578499_1_1">Translation Adjustment Functional To Reporting Currency Increase Decrease Gross Of Tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_TranslationAdjustmentFunctionalToReportingCurrencyIncreaseDecreaseGrossOfTax_lbl" xml:lang="en-US" id="id_513966_578499_2_1">Increase in reserves due to effects of foreign currency translation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TranslationAdjustmentFunctionalToReportingCurrencyIncreaseDecreaseGrossOfTax" xlink:to="us-gaap_TranslationAdjustmentFunctionalToReportingCurrencyIncreaseDecreaseGrossOfTax_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TreasuryStockMember" xlink:label="us-gaap_TreasuryStockMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TreasuryStockMember_lbl" xml:lang="en-US" id="id_513966_574355_1_1">Treasury Stock [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_TreasuryStockMember_lbl" xml:lang="en-US" id="id_513966_574355_2_1">Treasury stock [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockMember" xlink:to="us-gaap_TreasuryStockMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="us-gaap_TreasuryStockValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TreasuryStockValue_lbl" xml:lang="en-US" id="id_513966_576616_1_1">Treasury Stock Value</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_TreasuryStockValue_lbl" xml:lang="en-US" id="id_513966_576616_8_1">Treasury stock, at cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockValue" xlink:to="us-gaap_TreasuryStockValue_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_TrialLengthNumberOfDays" xlink:label="aa_TrialLengthNumberOfDays"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_TrialLengthNumberOfDays_lbl" xml:lang="en-US" id="id_513966_591528_3_1">Trial length, number of days</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_TrialLengthNumberOfDays_lbl" xml:lang="en-US" id="id_513966_591528_1_1">Trial Length Number Of Days</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_TrialLengthNumberOfDays_lbl" xml:lang="en-US" id="id_513966_591528_2_1">Trial length, number of days</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_TrialLengthNumberOfDays" xlink:to="aa_TrialLengthNumberOfDays_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_TwoTermLoanAgreementsMember" xlink:label="aa_TwoTermLoanAgreementsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_TwoTermLoanAgreementsMember_lbl" xml:lang="en-US" id="id_513966_589458_3_1">Two Term Loan Agreements [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_TwoTermLoanAgreementsMember_lbl" xml:lang="en-US" id="id_513966_589458_1_1">Two Term Loan Agreements [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_TwoTermLoanAgreementsMember_lbl" xml:lang="en-US" id="id_513966_589458_2_1">Two Term Loan Agreements [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_TwoTermLoanAgreementsMember" xlink:to="aa_TwoTermLoanAgreementsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TypeOfRestructuringDomain" xlink:label="us-gaap_TypeOfRestructuringDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TypeOfRestructuringDomain_lbl" xml:lang="en-US" id="id_513966_577796_1_1">Type Of Restructuring [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_TypeOfRestructuringDomain_lbl" xml:lang="en-US" id="id_513966_577796_2_1">Type of Restructuring [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TypeOfRestructuringDomain" xlink:to="us-gaap_TypeOfRestructuringDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_UnallocatedAmountToSegmentMember" xlink:label="us-gaap_UnallocatedAmountToSegmentMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UnallocatedAmountToSegmentMember_lbl" xml:lang="en-US" id="id_513966_565718_1_1">Unallocated Amount To Segment [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_UnallocatedAmountToSegmentMember_lbl" xml:lang="en-US" id="id_513966_565718_2_1">Unallocated Amounts (Net Of Tax) [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnallocatedAmountToSegmentMember" xlink:to="us-gaap_UnallocatedAmountToSegmentMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="us-gaap_UnrealizedGainLossOnDerivatives"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UnrealizedGainLossOnDerivatives_lbl" xml:lang="en-US" id="id_513966_577311_1_1">Unrealized Gain Loss On Derivatives</label>
    <label xlink:type="resource" xlink:role="http://xbrl.us/us-gaap/role/label/negated" xlink:label="us-gaap_UnrealizedGainLossOnDerivatives_lbl" xml:lang="en-US" id="id_513966_577311_8_1">Net loss (gain) on mark-to-market derivative contracts (N)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrealizedGainLossOnDerivatives" xlink:to="us-gaap_UnrealizedGainLossOnDerivatives_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_WeightedAverageCostInventoryAmount" xlink:label="us-gaap_WeightedAverageCostInventoryAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WeightedAverageCostInventoryAmount_lbl" xml:lang="en-US" id="id_513966_567054_1_1">Weighted Average Cost Inventory Amount</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_WeightedAverageCostInventoryAmount_lbl" xml:lang="en-US" id="id_513966_567054_2_1">Total inventories valued on an average-cost basis</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageCostInventoryAmount" xlink:to="us-gaap_WeightedAverageCostInventoryAmount_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_WeightedAverageExercisePriceOfUnderwaterOptions" xlink:label="aa_WeightedAverageExercisePriceOfUnderwaterOptions"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_WeightedAverageExercisePriceOfUnderwaterOptions_lbl" xml:lang="en-US" id="id_513966_594091_3_1">The weighted average exercise price of stock options whose individual exercise prices were greater than the average market price of an entity's common stock during the period.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_WeightedAverageExercisePriceOfUnderwaterOptions_lbl" xml:lang="en-US" id="id_513966_594091_1_1">Weighted Average Exercise Price Of Underwater Options</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_WeightedAverageExercisePriceOfUnderwaterOptions_lbl" xml:lang="en-US" id="id_513966_594091_2_1">Weighted average exercise price of options</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_WeightedAverageExercisePriceOfUnderwaterOptions" xlink:to="aa_WeightedAverageExercisePriceOfUnderwaterOptions_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_WeightedAverageInterestRateOutstandingBorrowings" xlink:label="aa_WeightedAverageInterestRateOutstandingBorrowings"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_WeightedAverageInterestRateOutstandingBorrowings_lbl" xml:lang="en-US" id="id_513966_594083_3_1">Weighted Average Interest Rate, Outstanding Borrowings</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="aa_WeightedAverageInterestRateOutstandingBorrowings_lbl" xml:lang="en-US" id="id_513966_594083_1_1">Weighted Average Interest Rate Outstanding Borrowings</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="aa_WeightedAverageInterestRateOutstandingBorrowings_lbl" xml:lang="en-US" id="id_513966_594083_2_1">Weighted-average interest rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="aa_WeightedAverageInterestRateOutstandingBorrowings" xlink:to="aa_WeightedAverageInterestRateOutstandingBorrowings_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xml:lang="en-US" id="id_513966_574868_1_1">Weighted Average Number Of Diluted Shares Outstanding</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xml:lang="en-US" id="id_513966_574868_6_1">Average shares outstanding - diluted</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:to="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xml:lang="en-US" id="id_513966_567795_1_1">Weighted Average Number Of Shares Outstanding Basic</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xml:lang="en-US" id="id_513966_567795_2_1">Average shares outstanding - basic</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:to="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl"/>
    <loc xlink:type="locator" xlink:href="aa-20120930.xsd#aa_WriteOffOfReceivable" xlink:label="aa_WriteOffOfReceivable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="aa_WriteOffOfReceivable_lbl" xml:lang="en-US" id="id_513966_591772_3_1">Write-off of Receivable</label>
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