Polymetal's Board of Directors has proposed that shareholders change the company's name to Solidcore Resources plc. Polymetal noted that this is necessary after the sale of the Russian business, which retained the name of JSC Polymetal. This legal entity was sanctioned by the United States in May 2023, while Polymetal Group as a whole was not. Polymetal closed the sale of its Russian business in March, when the asset was sold to Sergey Yanchukov's Mangazeya Group.