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Canonical ID: ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 · Entity type: Company (reference)
| Property | Value | Lang | Source dataset | Source ID | First seen | ||
|---|---|---|---|---|---|---|---|
Company:country | ca | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:id | 6335b02aced240a7ac37b1128d021278c242e085 | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:name | Polymet Mining Corp | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:notes | In accordance with applicable U.S. and foreign sanctions laws, the non-U.S. Shareholder Affiliates expect to continue to engage in similar activities in the future." | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:notes | The gross revenue of the non-U.S Shareholder Affiliates related to these contracts did not exceed the value of $206 million for the twelve months ended January 31, 2014. This figure includes the gross revenue of goods sold in the period but purchased in previous periods. The non-U.S. Shareholder Affiliates do not allocate net profit on a country-by-country or activity-by-activity basis, but estimate the net profit attributable to the contracts with the GOI would not exceed a small fraction of the gross revenue from such contracts. It is not possible to determine accurately the precise net profit attributable to these contracts. | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:notes | During the period from February 1, 2014 until January 31, 2015, a non-U.S. affiliate of the largest shareholder of the Company (the “non-U.S. Shareholder Affiliate”) entered into sales contracts for agricultural products for delivery to Iranian entities wholly or majority owned by the GOI. The non-U.S. Shareholder Affiliate performed its obligations under the contracts in compliance with applicable sanction laws and, where required, with the necessary prior approvals by the relevant governmental authorities. | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:notes | The gross revenue of the non-U.S Shareholder Affiliates related to these transactions did not exceed the value of $645 million for the twelve months ended January 31, 2013. This figure includes the gross revenue of goods sold in the period but purchased in previous periods. The non-U.S. Shareholder Affiliates do not allocate net profit on a country-by-country or activity-by-activity basis, but estimate that the net profit attributable to the transactions with the GOI would not exceed a small fraction of the gross revenue from such transactions. It is not possible to determine accurately the precise net profit attributable to these transactions. | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:notes | Neither the Company nor any of its subsidiaries (i) engaged in any transactions or activities requiring disclosure under ITRA nor (ii) were involved in the transactions described in this section. As of the date of this report, the Company is not aware of any other activity, transaction or dealing by us or any of its affiliates during the fiscal year ended January 31, 2013 that requires disclosure in this report under Section 13(r) of the Exchange Act." | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:notes | According to its Annual Report filed with the SEC for fiscal year 2014: "Because the SEC defines the term “affiliate” broadly, our largest shareholder may be considered an affiliate of the Company despite the fact that the Company has no control over our largest shareholder’s actions or the actions of its affiliates. As such, pursuant to Section 13(r)(1)(D)(iii) of the Exchange Act, the Company hereby discloses the following information provided by our largest shareholder regarding transactions or dealings with entities controlled by the Government of Iran (“GOI”): (https://www.sec.gov/Archives/edgar/data/866028/000106299314002359/form20f.htm) | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:notes | In response to the re-imposition of certain US secondary sanctions, the non-U.S. Shareholder Affiliate wound down such activities to the extent necessary to avoid any sanctionable activity after such sanctions took effect." | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:notes | During the period from February 1, 2013 until January 31, 2014, non-U.S. affiliates of the largest shareholder of the Company (“non-U.S. Shareholder Affiliates”) entered into sales contracts for agricultural products as well as sale and purchase contracts for metal oxides and metals with Iranian entities, wholly or majority owned by the GOI. All contracts were conducted in compliance with applicable sanction laws and, where required, with the necessary prior approvals by the relevant governmental authorities. | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:notes | In compliance with applicable economic sanctions and in conformity with U.S. secondary sanctions, the non-U.S. Shareholder Affiliates expect to continue to engage in similar activities in the future relating to agricultural products. | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:notes | In compliance with applicable economic sanctions and in conformity with U.S. secondary sanctions, the non-U.S. Shareholder Affiliate expects to continue to engage in similar activities in the future. | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:notes | The contracts disclosed above do not violate applicable sanctions laws administered by the U.S. Department of the Treasury, Office of Foreign Assets Control, and are not the subject of any enforcement action under Iran sanction laws. | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:notes | According to its Annual Report filed with the SEC for fiscal year 2015: "Because the SEC defines the term “affiliate” broadly, our largest shareholder may be considered an affiliate of the Company despite the fact that the Company has no control over our largest shareholder’s actions or the actions of its affiliates. As such, pursuant to Section 13(r)(1)(D)(iii) of the Exchange Act, the Company hereby discloses the following information provided by our largest shareholder regarding transactions or dealings with entities controlled by the Government of Iran (the “GOI”): (https://www.sec.gov/Archives/edgar/data/866028/000106299315002082/form20f.htm) | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:notes | "During the year ended January 31, 2013, non-U.S. affiliates of the largest shareholder of the Company ("Shareholder Affiliates") entered into sales contracts for wheat and coal as well as sale and purchase contracts for metal oxides and metals with Iranian entities, which are either fully or majority owned by the GOI. The GOI is in the process of privatizing some of these entities. All transactions were conducted in compliance with applicable sanction laws and, where required, with the necessary prior approvals by the relevant governmental authorities. | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:notes | According to its Annual Report filed with the SEC for fiscal year 2018: "During January 1, 2018 until December 31, 2018, a non-U.S. affiliate of the largest shareholder of the Company (“the non-U.S. Shareholder Affiliate”) entered into sales and purchase contracts for agricultural products, metals, minerals and energy products with, or for delivery to or from Iranian entities wholly or majority owned by the GOI. The non-U.S. Shareholder Affiliate performed its obligations under the contracts in compliance with applicable sanctions laws and, where required, with the necessary prior approvals by the relevant governmental authorities. The gross revenue of the non-U.S Shareholder Affiliate related to these contracts did not exceed the value of USD $1.049 billion for the twelve months ended December 31, 2018. (https://www.sec.gov/Archives/edgar/data/866028/000115752319000704/a51960397.htm) | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:notes | According to its 2019 Annual Report filed with the SEC: "During January 1, 2019 until December 31, 2019, a non-U.S. affiliate of the largest shareholder of the Company (“the non-U.S. Shareholder Affiliate”) entered into sales contracts for agricultural products with, or for delivery to or from Iranian entities wholly or majority owned by the GOI. The non-U.S. Shareholder Affiliate performed its obligations under the contracts in compliance with applicable sanctions laws and, where required, with the necessary prior approvals by the relevant governmental authorities. The non-U.S. Stockholder Affiliates expect to continue to engage in similar activities in the future in compliance with applicable economic sanctions and in conformity with U.S. secondary sanctions." (https://www.sec.gov/Archives/edgar/data/866028/000115752320000441/a52194439.htm) | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:notes | Neither the Company nor any of its subsidiaries (i) engaged in any transactions or activities requiring disclosure under ITRA nor (ii) were involved in the transactions described in this section. As of the date of this report, the Company is not aware of any other activity, transaction or dealing by us or any of its affiliates during the fiscal year ended January 31, 2015 that requires disclosure in this report under Section 13(r) of the Exchange Act." | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:notes | The non-U.S. Shareholder Affiliate does not allocate net profit on a country-by-country or activity-by-activity basis, but estimates that the net profit attributable to the contracts would not exceed a small fraction of the gross revenue from such contracts. It is not possible to determine accurately the precise net profit attributable to such contracts. | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:notes | These contracts disclosed above do not violate applicable sanctions laws administered by the U.S. Department of the Treasury, Office of Foreign Assets Control, and are not the subject of any enforcement action under Iran sanction laws. | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:notes | The non-U.S. Shareholder Affiliates believe that these transactions disclosed above do not constitute violations of applicable sanctions laws administered by the U.S. Department of the Treasury, Office of Foreign Assets Control, and are not the subject of any enforcement actions under Iran sanction laws. | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:notes | Neither the Company nor any of its subsidiaries (i) engaged in any transactions or activities requiring disclosure under ITRA nor (ii) were involved in the transactions described in this section. As of the date of this report, the Company is not aware of any other activity, transaction or dealing by us or any of its affiliates during the fiscal year ended January 31, 2014 that requires disclosure in this report under Section 13(r) of the Exchange Act." | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:notes | The gross revenue of the non-U.S Shareholder Affiliate related to these contracts did not exceed the value of $119 million for the twelve months ended January 31, 2015. The non-U.S. Shareholder Affiliate does not allocate net profit on a country-by-country or activity-by-activity basis, but estimates that the net profit attributable to the contracts would not exceed a small fraction of the gross revenue from such contracts. It is not possible to determine accurately the precise net profit attributable to such contracts. | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:notes | According to its Annual Report filed with the SEC for fiscal year 2013: "Because the SEC defines the term “affiliate” broadly, our largest shareholder may be considered an affiliate of the Company despite the fact that the Company has no control over its actions or the actions of its affiliates. As such, pursuant to Section 13(r)(1)(D)(iii) of the Exchange Act, the Company hereby discloses the following information provided by our largest shareholder regarding transactions or dealings with entities controlled by the Government of Iran (“GOI”): (https://www.sec.gov/Archives/edgar/data/866028/000106299313002016/form20f.htm) | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:sector | Mining | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:sourceUrl | https://www.unitedagainstnucleariran.com/index.php/company/polymet-mining-corp | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:topics | export.risk | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||
Company:website | https://polymetmining.com/ | ir_uani_business_registry | ir-br-co-e2190847c3d1cb7733fbdd7787010a3f233ad6a9 | ||||