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
- 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
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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
Financial statements
No quarterly figures reported.
No quarterly figures reported.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash | $10.3M7 | $6.9M8 | $13.9M9 | $7.4M10 | $3.6M5 | $3.0M5 | $11.0M5 |
| Receivables | $342.0K5 | $340.0K5 | |||||
| Current assets | $4.4M5 | $13.1M5 | |||||
| Property, plant and equipment | $422.7M5 | $442.1M5 | |||||
| Intangible assets | $24.3M5 | $24.3M5 | |||||
| Total assets | $409.0M11 | $485.6M8 | $457.3M9 | $460.7M10 | $468.1M5 | $492.9M5 | |
| Short-term debt | $17.7M5 | $10.0M5 | |||||
| Current liabilities | $22.0M5 | $99.5M5 | |||||
| Total liabilities | $210.4M11 | $300.6M8 | $73.2M9 | $91.1M10 | $110.5M5 | $164.7M5 | |
| Retained earnings | -$243.8M5 | -$277.9M5 | |||||
| Shareholders’ equity | $184.7M7 | $196.5M8 | $185.0M9 | $384.1M10 | $369.6M5 | $357.6M5 | $328.2M5 |
| Shares outstanding | 319.3M shares7 | 321.2M shares11 | 1.0B shares8 | 100.7M shares9 | 100.9M shares10 | 101.5M shares5 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$5.5M7 | -$5.8M8 | -$4.5M9 | -$17.9M10 | -$10.4M5 | -$15.2M5 | |
| Depreciation and amortization | $206.0K5 | $192.0K5 | |||||
| Capital spending | $23.4M7 | $26.4M8 | $20.8M9 | $8.5M10 | $7.2M5 | $8.0M5 | |
| Free cash flow | -$28.9M | -$32.2M | -$25.3M | -$26.5M | -$17.6M | -$23.2M | |
| Cash from investing | -$6.9M5 | -$8.0M5 | |||||
| Cash from financing | $16.7M5 | $31.3M5 |
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
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $442.1M5 Dec 31, 2022 | $422.7M5 Dec 31, 2021 | +4.6% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $11.0M5 Dec 31, 2022 | $3.0M5 Dec 31, 2021 | +273.4% |
Intangibles and goodwill
Filings
80 filings to the SEC since October 2021: 3 annual reports, 7 large holders, 70 other. The latest 20:
- Nov 17, 202315-12G EDGAR
- Nov 9, 20236-K EDGAR
- Nov 8, 2023SC 13D/A EDGAR
- Nov 7, 202325-NSE EDGAR
- Nov 7, 2023S-8 POS EDGAR
- Nov 7, 2023SC 13E3/A EDGAR
- Nov 7, 20236-K EDGAR
- Nov 3, 20236-K EDGAR
- Nov 2, 20236-K EDGAR
- Oct 27, 20236-K EDGAR
- Oct 16, 20236-K EDGAR
- Oct 3, 20236-K EDGAR
- Oct 2, 2023SC 13E3/A EDGAR
- Sep 28, 20236-K EDGAR
- Sep 12, 20236-K EDGAR
- Sep 12, 2023SC 13E3/A FORM SC 13E3 EDGAR
- Sep 11, 2023CORRESP EDGAR
- Aug 31, 2023UPLOAD EDGAR
- Aug 22, 2023SC 13E3 EDGAR
- 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.
- Glencore plcSC 13D/A, 7 filings Feb 16, 2022 to Nov 8, 202312
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
Links
- Websitewww.polymetmining.com1
- WikipediaPolymet Mining Corporation
- WikidataQ7226569
- SEC EDGARCIK 866028
Sources
The numbers on this page point here. Each one links to the record it came from.
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