The first settlement on the site of the future Krasnouralsk was formed in 1832. At first, the residents' forces were directed at satisfying the needs of the factories, the preparation of charcoal. In the 1820s, gold mining began at the Salda River and its sources: more than 100 mines were discovered. In 1843, deposits of copper pyrites were found on the Kushayka River. And in 1875, the development of ore gold began at the mines of the merchant I.P. Bogomolov, whose name was later named the famous copper-pyritic Bogomolovskoye deposit. In 1925, the construction of the country's largest copper smelting plant began on the basis of the Bogomolovsky deposit, in connection with the beginning of development Krasnogvardeysky deposits of copper ore along with which the construction of the eponymous workers' village began. and the construction of smelter, the settlement of Bogomolstroy was founded. In 1929, it was renamed Uralmedstroy (). In 1931, the smelter was commissioned. In 1931, Uralmedstroy was granted work settlement status and renamed Krasnouralsk. Town status was granted in 1932.