Key goals and Strategy

The Board has proposed to dispose on the Polymetal’s Russian business as this presents the most viable opportunity for the Group to restore shareholder value by removing or substantially mitigating critical political, legal, financial and operational risks to the Polymetal Retained Group.

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Key goal

We are focused on growth and making a positive impact across all our operations

Our strategic priorities

Meaningful organic growth

Build and advance long-term growth pipeline

We want to secure high-quality sources of long-term growth through advancing development projects, investing in our own greenfield exploration programme and extending life-of-mine by investing in near-mine exploration. We are actively looking at targets within the Former Soviet Union where we can create value with our core competencies. This will allow us to generate free cash flow and translate it into significant dividends.

Global leadership in refractory ore processing

Unlocking the value of refractory reserves

Excelling in environmentally friendly refractory ore processing, we aim to process 100% of the Company’s refractory ore in-house.

High standards of ESG through impact assessment

Maintain high standards of corporate governance and sustainable development

Maintaining high standards of corporate governance and sustainable development gives us a licence to operate and the much-needed trust of all stakeholders. Health and safety at our operations is a key priority.

Capital discipline & sustainable dividends through the cycle

Significant dividend and robust balance sheet

Our world-class assets, combined with our very strong balance sheet, support our ability to provide superior cash returns to shareholders and accelerate dividend pay-out as leverage decreases.

Find out more about performance and targets for 2023 at Strategic objectives and performance page

Find out more in our Annual report

You are downloading Integrated Annual Report . Please note that some ESG data are available in Sustainability Performance Data 2021 (GRI and SASB) that outlines our key non‑financial performance information for financial year 2021. While the selected annual report is being downloaded, we want to draw your attention to the Sustainability Report. It provides detailed information on ESG indicators.

While the selected files are being downloaded, we want to draw your attention to the reports on the sustainable development of the company. They provide detailed information on ESG indicators.

You can also download historical data on sustainable development.