Answer
Metalloinvest, the Russian industrial conglomerate in which Usmanov holds a 49% stake, is a leading global producer and exporter of iron ore, steel, and related products. With headquarters in Moscow, Metalloinvest operates ten mines, eight steel mills, as well as other production facilities in Russia, the United States, Europe, and the CIS countries. The company employs approximately 100,000 people and generates annual revenue of over $10 billion.