Metalloinvest
Russian Mining and Metallurgical Company

Metalloinvest Management Company LLC (Russian: Металлоинвест) is a Russian mining and metallurgical company specializing in iron ore extraction and steel production. Founded in 1999, the company includes a mining division (Lebedinsky GOK and Mikhailovsky GOK) and a steel division (Oskol Electrometallurgical Plant and Ural Steel, the latter sold in 2022).
Metalloinvest is wholly owned by USM Holdings. Alisher Usmanov is the principal beneficiary of USM Holdings, with additional stakes historically attributed to companies linked to Andrei Skoch and Farhad Moshiri.
In 2021, Bloomberg reported that Metalloinvest was evaluating a potential initial public offering; however, as of 2025 the company remains privately held.
In 2022, Metalloinvest reported revenue of 121 billion rubles.
Operations, related companies, and subsidiaries
Mining
Lebedinsky GOK, Gubkin, Belgorod Oblast. One of Russia's largest iron ore producers.
Mikhailovsky GOK, Zheleznogorsk, Kursk Oblast.
Metalloinvest previously held a minority stake in Norilsk Nickel, which it divested in 2017.
This brief starts where responsible research should: with the source description of “Metalloinvest” as russian Mining and Metallurgical Company. Everything that follows is an evidence route, not borrowed authority.
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Chronology, provenance and viewpoint should be read together before a broad social or political interpretation is accepted. The source revision retrieved here is dated Sep 18, 2026. The linked authority identifier is Q1924939. 2 of 2 selected statements include explicit references; 1 carry qualifiers and 0 use preferred rank. The first chronological checks are 1999, 2022, 2021 and 2025.
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This entry incorporates text from “Metalloinvest” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.