Private company

Metalloinvest

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons3

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.2 It was founded by Alisher Usmanov.1 Its revenue was ₽477 billion in 2024.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

2006Founded1

See how the biggest companies compare on our leaderboards

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).2

The story

Founded by Alisher Usmanov in 2006.1

Leadership

Who has led Metalloinvest, and when. Pick a name to see everywhere that person has worked.

Products and brands

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.

Metallurgy

Oskol Electrometallurgical Plant (OEMK), Stary Oskol, Belgorod Oblast.

Read the full text

Ural Steel, Novotroitsk, Orenburg Oblast – sold to the Zagorsky Pipe Plant in February 2022.

Other divisions

Metalloinvesttrans, responsible for transportation and logistics, including rail operations.

ORMETO–YUMZ, mechanical engineering, Orsk.

Safisa, an events venue acquired in 2022.

From Wikipedia’s article on Metalloinvest, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Owners

From Wikidata.1

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

Metalloinvest revenue by year1476.9B RUB in 2024+31% since 2017
0200.0B RUB400.0B RUB600.0B RUB2017: 363.3B RUB363.3B RUB20172023: 454.1B RUB454.1B RUB2023+25%2024: 476.9B RUB476.9B RUB2024+5%
  • 2024476.9B RUB1
  • 2023454.1B RUB1
  • 2017363.3B RUB1

Net income

Metalloinvest net income by year181.9B RUB in 2024+20% since 2023
025.0B RUB50.0B RUB75.0B RUB100.0B RUB2023: 68.3B RUB68.3B RUB20232024: 81.9B RUB81.9B RUB2024+20%
  • 202481.9B RUB1
  • 202368.3B RUB1

Timeline

  1. 2006Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4