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March 29, 2015 9:22 PM ET

Metals and Mining

Company Overview of PT Indonesia Asahan Aluminium (Persero)

Company Overview

PT Indonesia Asahan Aluminium (Persero), an aluminium smelting company, produces and supplies aluminium ingots. The company also operates a power plant that produces power by using water. It serves customers in Indonesia, Japan, and internationally. PT Indonesia Asahan Aluminium (Persero) was founded in 1976 and is based in Kabupaten Batu Bara, Indonesia with a smelting plant office in Kuala Tanjung; a power plant office in Paritohan; and liaison offices in Jakarta and Medan.

Kuala Tanjung

Kecamatan Sei Suka

P.O. BOX 1

Kabupaten Batu Bara,  21257


Founded in 1976


62 62 231 311


62 622 31 001

Key Executives for PT Indonesia Asahan Aluminium (Persero)

President Director
Age: 49
Finance Director and Director
Operation Director and Director
General Affairs & Human Resources Director and Director
Development & Business Director and Director
Compensation as of Fiscal Year 2014.

PT Indonesia Asahan Aluminium (Persero) Key Developments

Airasia, IAAX Enter Brand Licence Deal

AirAsia Bhd announced that it has entered into a brand licence agreement with PT Indonesia AirAsia Extra (IAAX) on the use of the brand name, trademark and logos of AirAsia X in Indonesia. The company said to Bursa Malaysia that the agreement is subject to IAAX obtaining an air operator's licence, which is issued by the Indonesia Directorate General of Civil Aviation. IAAX is an Indonesian joint venture company of AirAsia X Bhd (49 per cent) and PT Kirana Anugerah Perkasa (51%).

PT Indonesia Asahan Aluminium Presents at 4th Asian Bauxite & Alumina Conference, Oct-29-2014 12:15 PM

PT Indonesia Asahan Aluminium Presents at 4th Asian Bauxite & Alumina Conference, Oct-29-2014 12:15 PM. Venue: Grand Copthorne Waterfront Hotel, Singapore, Singapore. Speakers: Henry Lumbantoruan, Vice Chairman.

Indonesia Asahan Seeks Financing

PT Indonesia Asahan Aluminium (Inalum) is looking for $1.33 billion of financing, Chief said. Loans, internal cash and initial public offering are the sources from where the financing will come, Winardi, President Director of Inalum, said. “Around 30% to 35% will use internal cash, while the remainder will come from external funding,” Winardi added. If shareholders approve then, Inalum may go for an IPO in 2016.

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