Metalloinvest Management Company LLC (Russian: Металлоинвест) is a Russian mining and metallurgy company specializing in the manufacture of steel. It was founded in 1999 and is composed of a mining division (Lebedinsky GOK and Mikhailovsky GOK) and a steel division (Oskol Elektrometallurgical Plant (OEMK) and Ural Steel). USM Holdings Business Development owns 100% of Metalloinvest JSC. Alisher Usmanov is the major beneficiary of USM Holdings (48%), with other major beneficiaries — the companies of Andrei Skoch and Farhad Moshiri — owning 30% and 10%, respectively.
|Founder||Alisher Usmanov |
|Ivan Streshinsky (Chairman)|
|Products||Iron ore |
|Revenue||₽363 billion (2017)|
|$1.14 billion (2016)|
|$1.15 billion (2016)|
|Total assets||$6.2 billion (2016)|
|Total equity||$975 million (2016)|
|Owner||USM Holdings (100%)|
Number of employees
Related companies and subsidiaries
- Metalloinvest Holding in Moscow
- In August 2017, Metalloivest Holding acquired shares in Nautilus Minerals together with Mawarid Offshore Mining.
- Lebedinsky Mining and Processing Integrated Works/Lebedinsky GOK in Gubkin, Belgorod Oblast; 20% share of domestic iron ore market
- Mikhailovsky Mining and Processing Integrated Works/Mikhailovsky GOK in Zheleznogorsk, Kursk Oblast; another 20% share of the domestic iron ore market
- Norilsk Nickel: in July 2017 Metalloinvest Cyprus, an indirect subsidiary of Metalloinvest, completed the sale of its 1.79% stake in mining company Norilsk Nickel. The sale raised around $400 million.
- Ural Steel, based in Novotroitsk, Orenburg Oblast; large Russian integrated steel manufacturer. In 2017 SteelAsia announced an increase in the amount of steel to be purchased from Metalloinvest owned Ural Steel.
- Oskol Electrometallurgical Integrated Works in Stary Oskol, Belgorod Oblast; large electric steel manufacturer
- Oskol Trading Metallurgical Company LLC in Moscow
- Moldova Metallurgical Plant (MMP), large electric steel manufacturer
- Provider of 1.6 million tons of pellets and 1.8 million tons of iron to Evraz in a partnership deal signed in August 2017
- ORMETO – YUMZ Mechanical Engineering Group of Companies in Orsk, Orenburg Oblast; metallurgy, mining and energy engineering; industrial equipment manufacture
Distribution and other
- Metalloinvesttrans, transport, rail transport, sea terminals
- OJSC Tulachermet
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- Lebedinsky GOK
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