The company justified this decision by referring to the high risks of working in Russia, including the threat of nationalization.

[10] After selling its Russian business, Polymetal International renamed itself to Solidcore Resources plc.

[4] In November 2021, Polymetal invested US$447 million in the Veduga goldfield in Krasnoyarsk Krai; the company's share of the project was 59.4%.

[13] In December 2021, the Federal Antimonopoly Service approved the consolidation of Polymetal's investment in the Veduga project, allowing the company to buy the other 40.6% that it did not already own.

[16] Polymetal reported Total CO2e emissions (Direct + Indirect) for 31 December 2020 at 1,103 Kt (-95 /-7.9% y-o-y).