JSC Polymetal · St. Petersburg Russia ·(Russian: PMTL)
Company Description
Phone: +7-812-334-3664
Fax: +7-812-753-6376
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This link will open in a new window Why yes, Polymetal is into more than one precious metal. Polymetal is Russia's top silver producer and among its largest gold companies as well, producing about 16 million ounces of silver and 250,000 ounces of gold each year. The holding company operates 12 production subsidiaries and exploration companies in five regions across Russia and maintains active mines at four sites. It generally exports its silver to China and Japan for industrial use in electronic components, and to India for jewelry-making. Polymetal was founded in 1998 by Russian investment firm ICT Group and went public in 2007. ICT Group retained control of one-fourth of the company.
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Key JSC Polymetal Financials
| Company Type | Public - Russian: PMTL Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $502.7 |
| Employees | 7,000 |
JSC Polymetal Executives
26 executives listed for JSC Polymetal's St. Petersburg, location.
| Title | Name & Bio | Contact |
| Chairman | Ilja Yuzhanov | Network |
| Vice Chairman | Konstantin Yanakov | Network |
| CEO and Director | Vitaly Nesis | Network |
Competition
Competitive Landscape for JSC Polymetal
Demand is driven by industrial demand and economic growth, both domestic and foreign. Individual company profitability depends on volume and operating efficiency. Large companies can afford to discover and develop new deposits and increase reserves. Small companies typically own just one mine, limit exploration to that one property, and operate it as efficiently as possible. Metal ore mining is capital-intensive: annual revenue per employee is about $300,000. The industry includes companies that mine and process gold, silver, copper, nickel, lead, zinc, iron ore, and other metals. To read the full description, subscribe now.Top JSC Polymetal Competitors
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