Business Activity pursuant to the Articles of Association
The Company was founded in 1972 and started its commercial operation in the aluminum industry in 1973. The Company’s business activities are in accordance with the Articles of Association of the Company Article 3, paragraph: 2,: a. Carry out a business as a holding company, namely a company that controls the assets of a group of subsidiary companies, and its main activity is the ownership of the group (KBLI 64200); b. carry out a business in the field of non-ferrous metal extrusion, such as copper extrusion and its guides, aluminum extrusion and tungsten extrusion KBLI 24204); c. Carry out a large trading business of metal and base metal ores, such as nickel ore, copper ore, aluminum, iron, steel and large trading of semi-finished ferrous and non-ferrous metal products and others (KBLI 46620); d. Carry out a business as an agent who receives commissions, intermediaries (brokers), auctioneers and other wholesalers who trade goods domestically, abroad on behalf of other parties (KBLI 46100); e. Carry out the business of providing industrial services for coating, polishing, coloring, engraving, hardening, polishing, welding, cutting and various special works on metal or metal goods (KBLI 25920)
In 2001, the Company was restructured by spinning off its operations to the Subsidiary, PT Alakasa Extrusindo. Since then, the Company’s main activity has been to invest in several companies, among others, PT. Alakasa Extrusindo engaged in trading and processing of commodities related to metals. PT. Alakasa Company Limited is engaged in the trading of aluminum raw material, which has been in commercial operation since 2000, the products are: marketed as alumina and Calcined Petroleum Coke. PT. Alka Niaga Industri engaged in trading, industry and service (formerly PT Alakasa Karbon Industri engaged in carbon industry). PT Alakasa Alumina Refinery and Indonesia Alumina Refinery Limited to be engaged in alumina refinery, which was established in 2013. PT. Alakasa Andalan Mitra Sejati (formerly PT. Alakasa Alexindo Mitra Sejati), which is engaged in the trade and aluminum fabrication and construction industries.