About Poly Met Mining
Poly Met Mining is a company based in Hoyt Lakes (United States) founded in 1998, and was acquired by Glencore in July 2023. Copper and nickel mining and exploration activities are conducted.
Company details
Poly Met Mining was founded in 1998 and is headquartered in Hoyt Lakes, United States. Operations are focused on the exploration and development of copper and nickel deposits within the mining sector. Mineral resources are assessed and extracted through standard industry practices, with emphasis on North American sites. Services include geological surveys and project feasibility studies, supporting resource evaluation for potential investors.
- Headquarters Hoyt Lakes, United States
- Stage Acquired
- Phone•••• ••••
- Website polymetmining.com
- Social LinkedIn X Facebook
- Acquired by Glencore (Jul 2023)
Funding Insights of Poly Met Mining
- Total Rounds 9
- First Round $5M
(Feb 2011)
- Investors Count 1
All 9 funding rounds of Poly Met Mining with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2022 | Post-IPO | – | – | ||
| Mar 2020 | Post-IPO | – | – | ||
| Oct 2016 | $10.6M | Post-IPO | – | – | – |
| Oct 2016 | $19.47M | Post-IPO | – | – | – |
| Jun 2016 | $14M | Debt – Conventional | – | – | |
| Jan 2016 | $11M | Debt – Conventional | – | – | |
| Oct 2015 | $6M | Debt – Conventional | – | – | |
| Dec 2011 | $20M | Post-IPO | – | – | – |
| Feb 2011 | $5M | Post-IPO | – | – | – |
1 investors in total: 1 institutional.
Investors in Poly Met Mining
Poly Met Mining has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Glencore.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Metals and minerals are produced and supplied worldwide. | 1974 | glencore.com | Baar, Switzerland |
Investor details for Poly Met Mining
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Poly Met Mining
339 people are tracked at Poly Met Mining (57 in leadership, 7 in board & advisors, 275 in team).
| Name | Role | Group |
|---|---|---|
Steven Kalmin | CFO | Leadership |
Varun Kalia | Tax Director | Leadership |
Benito Fontana | Global Human Resources Business Partner | Leadership |
Praneel Singh | Senior Business Partner - Finance | Leadership |
Derrick Crowley | Head of Human Resources | Leadership |
Xavier Wagner | Chief Operating Officer | Leadership |
Gary Nagle | CEO | Leadership |
Johan van der Merwe | Glencore Copper - General Manager: Operational Excellence And Technology | Leadership |
Bill Peek | Plant General Manager | Leadership |
Katarin Donkin | PA To Managing Director | Leadership |
David Kerr | General Manager Legal Copper And Zinc Assets | Leadership |
Michael Pajkovic | Director Of Finance | Leadership |
Amanda Magro | Chief Operating Officer - Chrome Smelting | Leadership |
Martin Fewings | Head Of Investor Relations | Leadership |
George Kyraleos | Head Of Taxation, Canada | Leadership |
Michael T. | CFO Ferroalloys | Leadership |
Gabriel Audebert | Head Of Legal - Copper Industrial Assets | Leadership |
Yannick Makola | Head Of Integrated Operations | Leadership |
Lindsay Perversi | Head Of HR Services And Payroll | Leadership |
Bruce Brandon | Executive Director | Leadership |
319 more people are available in the full profile.
Complete people profiles for Poly Met Mining
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Poly Met Mining
5 dated milestones of Poly Met Mining across 25 years, from founding to its latest funding, stage changes and deals.
- Founded Poly Met Mining is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $5.0M.
- Funding Latest funding round, Post-IPO,.
- Exit Acquired by Glencore.
Web traffic of Poly Met Mining
Websites that share an audience with Poly Met Mining (polymetmining.com).
Websites whose visitors overlap most with Poly Met Mining. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
crirsco.com | crirsco.com | 100% | #14,047,177 | – |
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Frequently Asked Questions about Poly Met Mining
Poly Met Mining was founded in 1998 and raised its 1st funding round 13 years after it was founded.
Poly Met Mining is headquartered in Hoyt Lakes, United States. It is registered at Hoyt Lakes, Minnesota, United States.
Poly Met Mining was founded in 1998 and is headquartered in Hoyt Lakes, United States. Operations are focused on the exploration and development of copper and nickel deposits within the mining sector. Mineral resources are assessed and extracted through standard industry practices, with emphasis on North American sites. Services include geological surveys and project feasibility studies, supporting resource evaluation for potential investors.
Poly Met Mining has 1 investor. Key investors include Glencore.
Yes. Poly Met Mining was acquired by Glencore in July 2023.