Press Metal Aluminium Holdings

What Press Metal Aluminium Holdings does

Press Metal Aluminium Holdings Berhad (KLSE: PMETAL, stock code 8869) is Southeast Asia's largest integrated aluminium producer, incorporated in 1986 and headquartered in Shah Alam, Selangor, Malaysia. The Group operates a fully integrated value chain spanning upstream alumina access, midstream primary aluminium smelting, and downstream extrusion, finishing, and distribution. Primary smelting capacity totals 1,080,000 tonnes per annum across the Samalaju Industrial Park plant in Bintulu, Sarawak (960,000 tonnes across three phases) and the Mukah plant in Sarawak (120,000 tonnes), both powered by renewable hydropower under the Sarawak Corridor of Renewable Energy framework via a 500MW Power Purchase Agreement with Sarawak Energy Berhad. Extrusion capacity totals 210,000 tonnes per annum across the Klang, Selangor plant (50,000 tonnes), the Foshan, Guangdong plant in China (160,000 tonnes), and the dedicated Nilai solar extrusion plant (30,000 mtpa). The Group also holds an 80% stake in the PT Kalimantan Alumina Nusantara alumina refinery in Indonesia and minority stakes in Japan Alumina Associates and PT Bintan Alumina Indonesia, securing upstream raw material supply.

The Group's product portfolio spans LME-registered primary aluminium products under the PMB and PMS brands (P1020 ingots, 6-series extrusion billets in diameters from 4 to 10 inches, electrical conductor grade wire rods at minimum 99.5% purity, and Primary Foundry Alloys for automotive wheel production) and a comprehensive extrusion range with mill, anodized, powder-coated, fluorocarbon, bronze, wood-grain, and polished finishes serving windows, doors, curtain walls, solar panel frames, and architectural applications. Sustainable differentiation is led by the GEM (Green Aluminium Melting) low-carbon aluminium brand, verified at less than 4.0 metric tonnes of CO2e per tonne for Scope 1 and Scope 2 emissions, and the CYCAL billet integrating GEM with high recycled aluminium content. The Group's automotive supply chain subsidiaries hold IATF 16949:2016 certification, and manufacturing operations are ISO 9001, ISO 14001, ISO 45001, and ISO 50001 certified, alongside Aluminium Stewardship Initiative (ASI) Performance Standard and Chain of Custody V2 certifications.

Revenue is generated primarily through hardware sales of primary and extruded aluminium products priced against London Metal Exchange spot rates, with a premium-pricing opportunity on the low-carbon GEM product line targeting ESG-conscious buyers. Distribution is direct, executed through wholly-owned subsidiary offices and regional distribution centers across Malaysia, China, Australia (Sydney, Brisbane, Melbourne), the United Kingdom, North America, and via Sumitomo Corporation's 20% strategic stakes in both Mukah and Samalaju smelters. The Group is listed on Bursa Malaysia with inclusion in the FBM KLCI Index and MSCI Malaysia Index, holds an MSCI ESG rating of AAA (upgraded from AA), and carries a Super Big Cap market capitalisation above RM40 billion. The Group CEO is Tan Sri Dato' Koon Poh Keong, and the Group is celebrating its 40th anniversary in 2026.

Name

Press Metal Aluminium Holdings

Legal name

Press Metal Aluminium Holdings Berhad

Website

https://pressmetal.com

Company type

Public

Founded year

1986

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Press Metal Aluminium Holdings Berhad is Southeast Asia's largest integrated aluminium producer, operating 1.08 million tonnes per annum of hydropower-powered smelting capacity and 210,000 tonnes of extrusion capacity, serving construction, automotive, electrical, solar, and industrial customers globally with LME-registered primary aluminium and a GEM low-carbon product line.

Ownership category

akta.pro rank

Product category

Aluminium Smelting and Extrusion

NAICS

Primary Metal Manufacturing (331)

SIC

Primary Smelting & Refining Of Nonferrous Metals (3330), Rolling Drawing & Extruding Of Nonferrous Metals (3350)

akta.pro primary industry

Primary Aluminum Smelting (IMAKACAC)

akta.pro secondary industries

Aluminum Extrusion (IMAKACAG), Aluminum Casting & Ingot/Billet/Slab Production (IMAKACAE)

Keywords

• Aluminium smelting
• Aluminium extrusion
• Primary aluminium products
• Low-carbon aluminium
• Aluminium billets

Headquarters

HQ city

Shah Alam

HQ country

Malaysia

HQ region

Asia

Offices12 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D

Revenue model

1. Primary Aluminium Products: Revenue from smelting and sale of primary aluminium products including P1020 ingots, extrusion billets, wire rods, and primary foundry alloys (PFA) for automotive wheel production. Products are marketed globally to Malaysia, Southeast Asia, Asia, Europe, and the Americas.
2. Aluminium Extrusion Products: Revenue from downstream aluminium extrusion products including mill finish, anodized, powder coated, fluorocarbon, wood grain, and polished finishes used in windows, doors, curtain walls, solar panel frames, and other construction applications.
3. Low-Carbon Aluminium (GEM): Premium pricing opportunity from low-carbon sustainable aluminium products with lower environmental footprint, targeting environmentally conscious manufacturers and ESG-focused customers.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Press Metal is an integrated aluminium producer manufacturing primary aluminium products (P1020 ingots, extrusion billets, wire rods, primary foundry alloys) and downstream extrusion products (fabrication extrusions with multiple finishes including anodized, powder coated, fluorocarbon, wood grain, polished, mill finish, and bronze colour). Smelting capacity totals 1,080,000 tonnes per annum and extrusion capacity 210,000 tonnes per annum, serving automotive, construction, electrical, and renewable energy industries globally.

Product overview

Press Metal Aluminium Holdings Berhad is Southeast Asia's largest integrated aluminium producer, operating a fully integrated model spanning upstream smelting and downstream extrusion. The company produces primary aluminium products including P1020 Ingots, Billets, Wire Rods, and Primary Foundry Alloys (PFA), along with a comprehensive range of aluminium extrusion products with various finishes (Bronze Colour, Fluorocarbon, Mill Finish, Natural Anodized, Polishing, Powder Coating, Wood Grain). The portfolio is differentiated through sustainable product lines GEM™ (low-carbon aluminium with less than 4.0 tCO2e/tonne) and CYCAL™ billet (integrates GEM™ with recycled aluminium content), targeting environmentally conscious manufacturers and solar energy sector customers.

Differentiator

Problem solved

Functional benefit

Brands

• GEM: Low-carbon aluminium brand produced using renewable energy with less than 4.0 metric tons of CO2 emissions per metric ton of aluminium for Scope 1 and Scope 2 greenhouse gas emissions. Part of Press Metal's sustainable aluminium product line.
• CYCAL
• PMB
• PMS

Products and services

• P1020 Aluminium Ingots (PMB and PMS brands) High-grade primary aluminium ingots registered with the London Metal Exchange under PMB and PMS brands, used globally as primary raw material for producing aluminium billets, slabs, and rolls. Produced at the Bintulu (960,000 tpa) and Mukah (120,000 tpa) smelters.
• Primary 6-Series Extrusion Billets Primary 6-series extrusion billets available in 4, 4.5, 4.72, 5, 6, 7, 8, 9, and 10 inch diameters, used as excellent raw material for the extrusion industry.
• Aluminium Electrical Conductor Grade Wire Rods Wire rods with minimum 99.5% purity catering to the wire and cable industry, preferred over copper due to lightweight characteristics, corrosion resistance, and high electrical conductivity. Used in electrical transmission lines, power cables, and wiring.
• Primary Foundry Alloys (PFA) PFA ingots produced primarily for automotive industries for car wheel production. Produced under stringent conditions to meet unique requirements of each customer, available in 10kg or 22kg bundle ingot sizes.
• Fabrication Aluminium Extrusions Wide range of aluminium extrusions for fabricated products such as windows, doors, curtain wall cladding for high-rise buildings and apartments, louvres, balustrades, pool fencing, solar panel frames, wardrobes, ladders, and many others. Available in mill finish, anodized, powder coated, fluorocarbon, wood grain, polished, and bronze colour finishes.
• GEM (Green Aluminium Melting) Low-Carbon Aluminium Low-carbon aluminium brand produced using renewable energy, offering a sustainable alternative that helps lower the environmental impact of products without compromising on performance. Targets environmentally conscious manufacturers and ESG-focused customers seeking Scope 3 emissions reduction.
• CYCAL Billet Sustainable billet product integrating GEM low-carbon aluminium with high content of recycled aluminium, offering sustainable low-carbon extrusion raw material for downstream applications.

Quantifiable outcome

• 16.5% reduction in Scope 1, 2, and 3 GHG emissions intensity against 2020 baseline
• +5 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Bintulu Development Authority (BDA)coreStrategic or Co-development Partner · 1 January 2025Entered shareholders' agreement with Bintulu Capital Sdn Bhd, a wholly-owned subsidiary of Bintulu Development Authority, to establish a joint venture company for solar frame extrusion facility in Bintulu, Sarawak.
• Xi'an Jiaotong University (XJTU)coreStrategic or Co-development Partner · 1 January 2024Collaboration agreement signed in 2024 with Xi'an Jiaotong University (XJTU) to advance the carbon capture and utilisation (CCU) project, exploring innovative emission reduction solutions for the company's decarbonisation journey.
• PT Bintan Alumina IndonesiacoreStrategic or Co-development Partner · 1 January 2019Confirmed investment and signed MOU for Joint Venture into PT Bintan Alumina (now PT Kalimantan Alumina Nusantara) in Indonesia. In 2024, announced 80% equity participation in new alumina refinery PT KAN in Indonesia, securing upstream raw material supply.
• Japan Alumina Associates Pty LtdminorStrategic or Co-development PartnerJoint investment in Japan Alumina Associates Pty Ltd, part of upstream operations providing strategic access to alumina supply.
• Nanshan Aluminium International Holdings Limited (NAIHL)minorStrategic or Co-development PartnerJoint investment in Nanshan Aluminium International Holdings Limited as part of upstream operations.
• Shandong Sunstone & PMB Carbon LtdminorStrategic or Co-development PartnerJoint investment in Shandong Sunstone & PMB Carbon Ltd as part of upstream operations providing strategic access to carbon materials.
• Sarawak Energy BerhadcoreStrategic or Co-development PartnerPower Purchase Agreement finalised with Sarawak Energy Berhad in 2020 for offtake of 500MW energy to power smelting operations, and in 2025 signed PPA for 100MW AC Solar PV Plant in Mukah.

Scale indicators19 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• China Hongqiao Group: The world's largest aluminium producer with integrated smelting and downstream capabilities, primarily coal-powered but at similar scale to Press Metal. Both companies serve global markets with primary aluminium, billets, and extrusion products targeting automotive, construction, and electrical end-markets.
• Aluminum Corporation of China (Chalco): China's largest state-owned integrated aluminium producer spanning bauxite mining, alumina refining, smelting, and downstream fabrication. Comparable to Press Metal across the full value chain, though with substantially larger scale and primarily coal-based energy inputs.
• Norsk Hydro: Norwegian integrated aluminium producer with hydropower-powered smelting, downstream extrusion, and a strong low-carbon aluminium portfolio (REDUXA 4.0, CIRCUAL). The closest analogue to Press Metal in terms of renewable-energy-based positioning and ESG-led premium branding.
• Hindalco Industries (Aditya Birla Group): India's largest integrated aluminium and copper producer with smelting, rolling, and extrusion capabilities. Competes with Press Metal in Asia-Pacific markets for construction, automotive, and electrical conductor applications.
• Emirates Global Aluminium (EGA): Middle East's largest primary aluminium producer (joint venture between Mubadala and Dubai Holding) operating smelting with captive natural gas power. Comparable primary smelting scale and product portfolio including foundry alloys and billet/ingot grades registered on the LME.
• United Company RUSAL: World's largest aluminium producer outside China with significant hydropower-powered smelting in Siberia. Direct competitor in low-carbon aluminium space (ALLOW brand) and supplier of primary aluminium, alloys, and billets to global markets.
• Alcoa Corporation: US-headquartered global aluminium producer with bauxite mining, alumina refining, and smelting operations. Competes with Press Metal in primary aluminium and billet markets, and is actively transitioning its portfolio toward greener smelting via ELYSIS and other low-carbon technologies.
• Vedanta Aluminium: India's largest primary aluminium producer (part of Vedanta Group) with captive power generation and integrated smelting-to-extrusion operations. Direct regional competitor in Asia serving automotive, electrical, and construction end-markets.

Broad incumbents

• Rio Tinto (Aluminium segment): Global mining major with significant bauxite, alumina, and hydroelectric-powered aluminium smelting operations in Canada and Australia. While broader than Press Metal (mining-diversified), overlaps meaningfully in primary aluminium and low-carbon billet supply via the Elysis and RenewAl initiatives.
• South32: Diversified mining company with aluminium operations including the Brazil-based Alumar smelter (joint venture) and Mozal smelter. Less direct competition than the pure-play aluminium producers but operates comparable hydropower-powered smelting assets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Press Metal Aluminium Holdings