Mumbai
₹ 14,000 /gm (-1.96%)
Vladimir Iorikh, a prominent figure in the global mining and metals sector, has made significant strides since his early days in Novokuznetsk, Soviet Union. As the president of Conares Holding since 1995 and the founder of Pala Investments in Zug, Switzerland in 2006, Iorikh has diversified his portfolio to include investments across various resource sectors, including uranium mining in the United States. Despite claiming to be a German-Swiss tycoon with no ties to Russia, his extensive career began with a degree from Kemerovo Polytechnic Institute and expanded into coal investment before venturing into steel with Mechel, where he served as CEO until 2006. Under his leadership, Mechel saw its IPO on the NYSE in 2004. His venture, Pala Investments, focuses on mining and metals, emphasizing renewable energy and battery sector raw materials. Iorikh's investments span globally from rare earth elements mining in Burundi and gold mining in Türkiye to lithium projects in Western Australia and cobalt and nickel production in Papua New Guinea and Canada. Holding dual Russian and German citizenship, Iorikh resides in Switzerland, marking a distinguished career that bridges continents and sectors.
September 09, 1958
67 years
Mining, Steel
Metals & Mining
Germany
Zug
Bachelor of Science in Engineering, Kuzbass Polytechnic Institute
Vladimir Iorikh was born in 1958 in Novokuznetsk, Soviet Union. There is limited information available about his early years and childhood.
Vladimir Iorich: Family
Vladimir Iorikh is married and has a son named Yevgeny Iorikh. Yevgeny holds a controlling stake in Kada-Neftegaz LLC, which owns oil and gas fields in Irkutsk.
Vladimir Iorich: Career Highlights
Vladimir Iorikh began his investment activity in the coal sector and later expanded into other resource sectors with his business partner Igor Zyuzin. He made his initial fortune during the breakup of the Soviet Union and served as the CEO of Mechel until selling his stake in 2006.
Vladimir Iorich: Companies
Vladimir Iorich: Major Achievements
Vladimir Iorich: Awards & Achievements
There is no information available about any specific awards or achievements received by Vladimir Iorikh.
Vladimir Iorich: Personal Life & Legacy
Vladimir Iorikh holds both Russian and German citizenship and currently resides in Switzerland. He is known for his business acumen and investments in the mining and metals sector, particularly in rare earth elements and renewable energy.
Vladimir Iorich: Trivia
Vladimir Iorikh claims to be a German-Swiss tycoon with no ties to Russia, despite his Russian origin and control over uranium mining in the United States.
Vladimir Iorikh is born in Novokuznetsk, Soviet Union.
Iorikh graduates from Kemerovo Polytechnic Institute with a degree in engineering and economics.
Iorikh becomes CEO of Mechel and forms Swiss firm Conares Holding.
Mechel Steel Group is formed.
Mechel Steel Group has an IPO on the NYSE with Iorikh as CEO.
Iorikh sells his 42% stake in Mechel to Igor Zyuzin for about $1.5 billion and moves to Zug, Switzerland. He also founds Pala Investments in Zug with money from the Mechel stake sale.
Pala invests in Rainbow Rare Earths Ltd. and gains a 25-year mining license with renewal for rare earth elements in Western Burundi at Gakara.
Pala provides financing to Altura Mining Limited's Pilgangoora Lithium Project in Western Australia.
Pala gains control of Cobalt 27 and renames it Nickel 28 Capital Corporation.
Iorikh gains a stake in Nevada Copper Corp.
What is Vladimir Iorich's net worth?
What are Vladimir Iorich's main sources of wealth?
In which industry does Vladimir Iorich primarily operate?
What is Vladimir Iorich educational background?
How old is Vladimir Iorich?
How many children does Vladimir Iorich have?
Who is Vladimir Iorikh and what is his connection to the steel industry?
What significant venture did Vladimir Iorikh establish in Switzerland in 2006?
How did Vladimir Iorikh contribute to Mechel's growth and international presence?
What unique investment did Pala make in Burundi, and why is it significant?
How has Vladimir Iorikh diversified his investments through Pala Investments?