PolyMet Mining, Inc. is a Canadian mine development company focused on the NorthMet project in northeastern Minnesota. The company controls the NorthMet copper-nickel-precious metals ore body and owns the Erie Plant, a former taconite processing facility. Currently, the NorthMet project is undergoing an environmental review and permitting process to develop a new mine and restore an existing mining facility. The company aims to use modern mining techniques to minimize environmental impacts while creating jobs, generating tax revenue, and producing essential metals.
Founded in 1981, PolyMet's commitment is to design, build, and operate the NorthMet project in a way that protects the environment, fosters a healthy, safe, and rewarding work environment, and creates value for all stakeholders. The company's shares are traded on the New York Stock Exchange (NYSE AMERICAN: PLM) and Toronto Stock Exchange (TSX: POM). PolyMet received a $30.10M Post-IPO Equity investment on 01 October 2016.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Post-IPO Equity | $30.10M | - | 01 Oct 2016 | |
Post-IPO Debt | $14.00M | 1 | Glencore | 16 Jun 2016 |
Post-IPO Debt | $11.00M | - | 27 Jan 2016 | |
Post-IPO Debt | $6.00M | - | 01 Oct 2015 |
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