Inalum Prints Aluminum Sales Record Of 263,195 MT

Illustration (Photo: Doc. ANTARA)

JAKARTA Member of the Indonesian Mining Industry Holding BUMN Group MIND ID, PT Indonesia Asahan Aluminum (Inalum), managed to score the best production and sales performance in history.

Inalum reached the All-Time High Achievement Supply Chain & Commercial Management 2024.

This is thanks to sales of the highest aluminum amounting to 263,195 metric tons (MT), which is the highest record since 2013 at the level of 260,651 MT.

Inalum was also able to win Quadrant 1 on the World-Class Smelter Cost Management from Wood Mac.

In addition, Inalum also managed to achieve All-Time High Production with production performance reaching 265,546 kT, which is the highest achievement since 2014 of 264,474 kT.

"We are certainly very grateful for this achievement and we will continue to be consistent in carrying out all the strategic initiatives that have been planned to support the manufacturing industry sector towards Indonesia Gold 2045," said MIND ID Corporate Secretary, Heri Yusuf, Tuesday, December 24.

In recent years, he said, Inalum has transformed from a production-driven strategy to a market-driven strategy.

This provides an opportunity for Inalum to have more in-depth knowledge and information regarding the type of aluminum and the amount of the needs of its partners.

With this good market intelligence, continued Heri, Inalum is encouraged to be more aggressive in programs to increase the production capacity of alumina and aluminum.

In terms of cost leadership, Inalum has also succeeded in reducing cash costs by 13 percent, from 1,935 dollars per ton in the third quarter of 2023 to 1,688 US dollars per ton in the third quarter of 2024.

The company has successfully optimized the entire supply chain, starting from energy production, production machines, to reducing B3 waste.

"With this ongoing transformation program, we are optimistic that it will continue to have a positive impact on better achievements in the following years," said Heri.