Private company

Polymet Mining Corporation

The PolyMet Mining Corporation (formerly Fleck Resources Ltd) (NYSE: PLM, TSX: POM), was an American company focused on mineral exploration and mine development. The company was based in Minnesota, United States with corporate headquarters in Toronto, Canada. It controlled rights to the NorthMet Deposit in the Mesabi Range.3 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

-$34.1MNet income, fiscal 20225
  • IndustryMetal Mining1
  • HeadquartersToronto1
  • Websitewww.polymetmining.com
  • Legal formBusiness corporations (which includes professional corporations)1
  • Listed onToronto Stock Exchange1
  • Incorporated inBritish Columbia, Canada6
  • Business address444 Cedar Street, Suite 2060, St. Paul, Mn 551016
  • Filer categoryNon-accelerated filer6
  • LEI529900I1B64WM0PRZW404
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressFirst Canadian Place, 100 King Street West, Suite 5700, M5X 1C7 Toronto, Canada4

The PolyMet Mining Corporation (formerly Fleck Resources Ltd) (NYSE: PLM, TSX: POM), was an American company focused on mineral exploration and mine development. The company was based in Minnesota, United States with corporate headquarters in Toronto, Canada. It controlled rights to the NorthMet Deposit in the Mesabi Range.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

-10.4%Return on equity5
-$23.2MFree cash flow5

Financial statements

Net income789105-$34.1M in 2022+269% since 2017
-$60.0M-$40.0M-$20.0M02017: -$9.2M-$9.2M20172018: -$15.0M-$15.0M2018+63%2019: -$57.9M-$57.9M2019+285%2020: -$20.8M-$20.8M2020−64%2021: -$15.6M-$15.6M2021−25%2022: -$34.1M-$34.1M2022+119%
Fiscal year2016201720182019202020212022
Interest$4.3M5$19.2M5
Income before tax-$15.6M5-$33.6M5
Income tax$05$492.0K5
Net income-$9.2M7-$15.0M8-$57.9M9-$20.8M10-$15.6M5-$34.1M5
Shares (weighted, diluted)100.9M shares5101.5M shares5

Compare Polymet Mining Corporation with another company

Corporate structure

Polymet Mining Corporation sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Polymet Mining Corporation

  • Glencore plc Filed SC 13D/A on Polymet Mining Corporation, latest Nov 8, 2023 (7 filings since Feb 16, 2022)
  • Polymet Mining Corporation Toronto, Ontario, Canada

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Polymet Mining Corporation reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$442.1M5 Dec 31, 2022$422.7M5 Dec 31, 2021+4.6%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$11.0M5 Dec 31, 2022$3.0M5 Dec 31, 2021+273.4%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$24.3M5 Dec 31, 2022$24.3M5 Dec 31, 2021−0.2%

Filings

80 filings to the SEC since October 2021: 3 annual reports, 7 large holders, 70 other. The latest 20:

  1. Nov 17, 202315-12G EDGAR
  2. Nov 9, 20236-K EDGAR
  3. Nov 8, 2023SC 13D/A EDGAR
  4. Nov 7, 202325-NSE EDGAR
  5. Nov 7, 2023S-8 POS EDGAR
  6. Nov 7, 2023SC 13E3/A EDGAR
  7. Nov 7, 20236-K EDGAR
  8. Nov 3, 20236-K EDGAR
  9. Nov 2, 20236-K EDGAR
  10. Oct 27, 20236-K EDGAR
  11. Oct 16, 20236-K EDGAR
  12. Oct 3, 20236-K EDGAR
  13. Oct 2, 2023SC 13E3/A EDGAR
  14. Sep 28, 20236-K EDGAR
  15. Sep 12, 20236-K EDGAR
  16. Sep 12, 2023SC 13E3/A FORM SC 13E3 EDGAR
  17. Sep 11, 2023CORRESP EDGAR
  18. Aug 31, 2023UPLOAD EDGAR
  19. Aug 22, 2023SC 13E3 EDGAR
  20. Aug 11, 20236-K EDGAR

The 80 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Polymet Mining Corporation is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARPOLYMET MINING CORP2
  • CIK0000866028
  • Filer statusNon-accelerated filer2
  • Incorporated inBritish Columbia, Canada2
  • Fiscal year endsDecember 312
  • Industry code (SIC)1000 Metal Mining2
  • Business address444 Cedar Street, Suite 2060, St. Paul, MN 551012
  • Phone416-915-41492
  • Shares outstanding101,472,695 as of Dec 31, 20225
  • On EDGAR sinceMay 3, 20022
  • Filings577 in all: 6-K (418), SC 13D/A (31), FWP (21), 20-F (15), CORRESP (13), UPLOAD (12), IRANNOTICE (11), 40-F (7)2
    All 31 form types

    REGDEX (6), SC 13G/A (6), 20-F/A (4), F-10 (3), SC 13E3/A (3), 40-F/A (2), 424B5 (2), 6-K/A (2), D (2), EFFECT (2), F-10/A (2), F-3 (2), F-3/A (2), S-8 POS (2), 15-12G (1), 25-NSE (1), 8-A12B (1), CERTAMX (1), F-X (1), S-8 (1), SC 13D (1), SC 13E3 (1), SC 13G (1)

  • Latest filingsAnnual report (40-F) Mar 23, 2023