Nikita Melnik

PT Indonesia Asahan Aluminium, colloquially known as Inalum is an Indonesian state-owned company specialized in aluminium smelting. The company manages the huge potential of electricity generated from Asahan River. 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.

Inalum has transformed itself into a strategic holding company, to be called MIND ID, that oversees all state-owned mining companies.

PT Aneka Tambang Tbk, colloquially known as Antam, is an Indonesian mining company. The company primarily produces gold and nickel, and is the largest producer of nickel in Indonesia. Until 2017, Antam was a directly state-owned company, before its ownership was transferred to PT Indonesia Asahan Aluminium (Persero) (Inalum), a government-owned holding company.