[5] The history of Aluminij began in the first years of the 20th century, with the discovery of bauxite ore deposits in Herzegovina and the subsequent exploitation of the resource.
In 1969, the bauxite Mines Mostar Company merged with Energoinvest Sarajevo to form a new organisation focused on aluminium production.
[6] The Government of the Socialist Republic of Bosnia and Herzegovina tasked the group with maximizing the potential of the resources in the region and develops a new facility that could turn Mostar into a global aluminium producer.
Among the companies who placed a bid were; Alcoa, Alcan Inc., Rusal, Norsk Hydro and Swiss-based metals trader Glencore International.
[18] In March 2022, M. T. Abraham Group announced plans to build a solar power plant for electricity supply to Aluminij Industries.
That kind of development trend enabled investments in cultural institutions, among which are: the construction of the little scene of the Croatian National Theatre in Mostar and Aluminij Gallery.
(Venco-Conoco joint Venture) from the US, Glencore International AG from Switzerland, Debis International Trading GmbH, Daimler-Chrysler, Norsk Hydro ASA from Norway, Fiat from Italy, TLM-Šibenik from Croatia, China Machinery Engineering Corporation, and China Nonferrous Metal Industry's Foreign Engineering And Construction Co., Ltd.[25] In 2017, Aluminij had a revenue of 249.41 million euros and exported goods worth 171.01 million euros.