The club was founded in 1959 as the successor club to Spartak Barnaul, which had been founded in 1954. In Soviet times, Barnaul participated in various lower-level leagues.
In the 1998–99 season the club participated in the second-level league organized by the Ice Hockey Federation of Russia. From 1999-2006, the club participated in the second-level Russian league, the Vysshaya Liga.
The club was dissolved due to financial problems in 2006. It was replaced by Altai Barnaul, which currently competes in the third-level Russian league, the Pervaya Liga.