UMMC celebrates its 22nd birthday
This autumn the Ural Mining and Metallurgical Company, headed by Iskander Makhmudov, celebrates its 22nd anniversary! UMMC’s incorporation documents were signed on 20 October 1999, and the operating company was established in 2002.
It was also in 2002 that UMMC obtained permission to consolidate the assets of its 11 companies, including Uralelectromed JSC and Gai Mining and processing Co JSC. In 2021, UMMC already has more than 40 companies in Russia and abroad.
The Ural Mining and Metallurgical Company accounts for almost 40% of pure copper production in Russia, and UMMC copper cathodes are listed on the London Metal Exchange under the UMMC and UMMC II brands.