245:
To implement the provisions in the master agreement, the
Indonesian government issued Presidential Decree No.5/1976 which underlies the formation of the Asahan Project Development Authority as a government representation responsible for the Asahan Project development. Inalum is noted as a pioneer and
241:
Inalum was established in
Jakarta on January 6, 1976, to build and operate the Asahan Project, in accordance with the master agreement. The shares comparison between the Indonesian government and Nippon Asahan Aluminium Co., Ltd. at the time was 10% and 90%, respectively. The shares later changed
229:
through Asahan River prompted
Indonesian government to build a hydropower plant. In 1972, the hydropower development plan strengthened after the government received a report from Nippon Koei, a Japanese consulting company, that the feasibility study of building hydropower plant was possible to be
261:
Inalum is expected to become a holding holding of all state-owned mining companies. This is done so that the companies have greater integration of operations with diverse mine production while supporting the downstream mine industrialization. Members of the holding company including
257:
Inalum officially became a state-owned company on 19 December 2013 after the government took over shares owned by the consortium. PT Inalum (Persero) officially became the 141st state-owned company on 21 April 2014 in accordance with
Government Regulation No. 26/2014.
266:, Bukit Asam, and Timah. In addition, the holding will start a strategic plan to integrate mining production activities and smelting of mining products, including a plan for acquired PT Freeport Indonesia. In August 2019, the holding company renamed as
230:
built as well as an aluminum smelter as the main user of the electricity it produced. Following the study, after lengthy negotiations and with economic assistance from the
Japanese government for the project - later known as the
238:. Furthermore, in order to exercise capital investment in then-established company, the twelve companies together with the Japanese government formed Nippon Asahan Aluminium Co., Ltd. (NAA) on 25 November 1975.
729:
213:. Inalum was first established in 1976 as joint venture company between Indonesian government and Nippon Asahan Aluminium Company, Ltd., before it was fully acquired by the government in 2013.
552:
253:
on 1 November 2013 in accordance with the master agreement. The
Indonesian government and Nippon Asahan Aluminium Co., Ltd. terminate the contract on 9 December 2013, and
719:
529:
242:
gradually: in
October 1978 the shares became 25% and 75%, in June 1987 it became 41.13% with 58.87%, and since February 10, 1998 it became 41.12% with 58.88%.
441:
724:
360:
283:
42:
422:
106:
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the first company in
Indonesia who engaged in the aluminum smelting industry with total investment of 411 billion Yen.
610:
620:
615:
646:
324:
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594:
364:
234:, the Indonesian government and 12 Japanese companies signed the master agreement on July 7, 1975, in
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372:
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714:
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388:
584:
708:
673:
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293:
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263:
72:
569:
210:
376:
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smelting. The company manages the huge potential of electricity generated from
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28:
484:
226:
206:
52:
396:
662:
507:
408:
404:
384:
442:"Inalum Bakal Jadi Induk Holding BUMN Tambang Beraset US$ 6 Miliar"
235:
130:
249:
The status change of Inalum into a state-owned company occurred
635:
511:
423:"Luhut: Inalum Akan Caplok 51% Saham Freeport Secara Bertahap"
225:
government to take advantage of the swift flow of water from
631:
175:
502:
205:) is an Indonesian state-owned company specialized in
185:
461:"BUMN Ini Siap Kelola Tambang Emas Freeport di Papua"
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Non-renewable resource companies established in 1976
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78:
67:
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82:Aluminium ingot, Aluminium alloy, Aluminium billet
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480:"Holding BUMN Tambang Ganti Nama Jadi MIND ID"
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8:
21:
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632:
530:
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720:Indonesian companies established in 1976
553:Ministry of Energy and Mineral Resources
361:Japan Bank for International Cooperation
356:Nihon Asahan Aruminiumu kabushiki gaisha
305:
156:PT Mineral Industri Indonesia (Persero)
22:PT Indonesia Asahan Aluminium (Persero)
16:Indonesian state-owned smelting company
478:Chandra, Ardan Adhi (19 August 2019).
319:
317:
315:
313:
311:
309:
440:Idris, Muhammad (13 September 2016).
7:
459:Idris, Muhammad (27 February 2017).
421:Agustinus, Michael (24 March 2017).
284:State-owned enterprises of Indonesia
14:
725:Aluminium companies of Indonesia
1:
199:PT Indonesia Asahan Aluminium
359:, owned by a consortium of
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325:"Inalum Annual Report 2018"
746:
689:Indonesia Asahan Aluminium
669:
547:
349:
272:Mining Industry Indonesia
136:Rp 165.68 trillion (2018)
201:, colloquially known as
148:Rp 75.99 trillion (2018)
124:Rp 10.63 trillion (2018)
100:Rp 65.28 trillion (2018)
112:Rp 9.91 trillion (2018)
393:Mitsubishi Corporation
43:State-owned enterprise
595:Newmont Nusa Tenggara
401:Sumitomo Corporation
540:Mining in Indonesia
381:Mitsubishi Chemical
221:The failure of the
162:Number of employees
23:
684:Freeport Indonesia
403:(all 2.50% each),
383:(all 7.50% each),
369:Nippon Light Metal
702:
701:
629:
628:
580:Berau Coal Energy
373:Sumitomo Chemical
223:Dutch East Indies
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88:Production output
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633:
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518:
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503:Official website
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489:
488:(in Indonesian).
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469:
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467:(in Indonesian).
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448:(in Indonesian).
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429:(in Indonesian).
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389:Mitsui & Co.
365:Mitsui Aluminium
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350:ζ₯ζ¬γ’γ΅γγ³γ’γ«γγγ¦γ ζ ͺεΌδΌη€Ύ
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107:Operating income
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735:
734:
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665:
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330:(in Indonesian)
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12:
11:
5:
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627:
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623:
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607:
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585:Bumi Resources
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497:External links
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232:Asahan Project
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92:245.483 tonnes
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63:6 January 1976
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718:
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695:
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690:
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680:
677:
675:
674:Aneka Tambang
672:
671:
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664:
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650:
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638:
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622:
619:
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575:Aneka Tambang
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436:
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428:
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417:
414:
411:(0.835% each)
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294:Grasberg mine
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289:Aneka Tambang
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270:, acronym of
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264:Aneka Tambang
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73:North Sumatra
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25:
19:
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570:Adaro Energy
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332:. Retrieved
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211:Asahan River
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197:
166:2,057 (2018)
143:Total equity
131:Total assets
68:Headquarters
39:Company type
18:
604:Commodities
405:Nissho Iwai
377:Showa Denko
334:22 November
71:Batu Bara,
709:Categories
679:Bukit Asam
300:References
119:Net income
29:Trade name
563:Companies
387:(0.83%),
227:Lake Toba
207:aluminium
53:Aluminium
485:Detikcom
465:Detikcom
446:Detikcom
427:Detikcom
409:Nichimen
397:Marubeni
278:See also
251:de facto
79:Products
55:smelting
49:Industry
715:MIND ID
663:MIND ID
611:Bauxite
363:(50%),
268:MIND ID
255:de jure
217:History
178:.inalum
171:Website
97:Revenue
60:Founded
621:Nickel
590:Inalum
385:Itochu
203:Inalum
34:Inalum
694:Timah
328:(PDF)
236:Tokyo
188:.mind
153:Owner
616:Coal
407:and
336:2019
190:.id
186:www
180:.id
176:www
711::
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444:.
425:.
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308:^
274:.
655:e
648:t
641:v
531:e
524:t
517:v
338:.
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