The company was founded in 1972 and started its commercial operation in the aluminum industry since 1973. The Company`s business activities are in accordance with the Articles of Association of the Company Article 3, paragraph: 1.d as follows: conducting business in the manufacturing and fabrication industries, and paragraph 1.e. as follows: running a business in the manufacturing of metal and aluminum goods. To achieve the aims and objectives according to said paragraph 1.d. and 1.e., the Company can carry out business activities, including: (1) conducting business in the engineering, manufacturing and fabrication industries, including processing goods / raw materials, raw materials, semi-finished materials, finished materials into ready-made goods and related business activities; (2) doing business in the industrial sector of processing goods of metal and aluminum.

In 2001, the Company was restructured by spinning off its operations  to the Subsidiary, PT Alakasa Extrusindo. Since then, the main activity of the Company is to invest in several companies, among others, PT. Alakasa Extrusindo engaged in the aluminum extrusion industry, where the products produced are: aluminum profile. PT. Alakasa Company Limited engaged in the trading of aluminum raw material which has been in commercial operation since 2000, the products are: marketed alumina and Calcined Petroleum Coke. PT. Alka Niaga Industri engaged in trading, industry and service (previously PT Alakasa Karbon Industri engaged in carbon industry),  and the PT Alakasa Alumina Refineri as well as Indonesia Alumina Refinery Limited to be engaged in alumina refinery which are established in 2013. In February 2019 the Company established PT. Alakasa Alexindo Mitra Sejati, which is engaged in the aluminum fabrication industry.