Our mission and vision

To always have copper

Use our resources efficiently to become the leader in sustainable development.

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Our business results

Production results

In 2017, we produced 656.4 thousand tons of payable copper – 3 percent less than in 2016. The decrease in production results from the lower production of cathodes at KGHM Polska Miedź S.A. caused by the accident at the Głogów Smelter and Refinery in the second half of the year and lower production at KGHM INTERNATIONAL LTD., mainly because of lower quantities of processed ore in the Robinson and Sudbury mines, which also resulted in a lower production of precious metals as compared to the previous year.

We are one of the world’s leaders in the metallurgic industry. The production capacity of our copper smelters in the Lower Silesia region is 570 thousand tons of electrolytic copper and 1,300 tons of silver per year.

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Cu
Payable copper
656,4
thousand tons
TPM
Precious metals
219,4
thousand troy
Ag
Silver
1 234,1
tons
Mo
Molybdenum
20,3
million pounds

KGHM Business
Model

KGHM’s activities is divided into 7 segments, through which the company provides a complete chain of value creation from exploration to the sale of finished products.
Exploration
and evaluation
Mining
Restoration
Ore
enrichment
Smelting
and refining
Processing
Sales

KGHM Business Model

Deposit managment

Deposit managment

Exploration and evaluation

Deposit managment

Mining

Deposit managment

Restoration

Exploration and evaluation
Mining
Restoration

KGHM Business Model

Processing

Przetwórstwo

Ore enrichment

Przetwórstwo

Smelting and refining

Processing

Processing

Ore enrichment
Smelting and refining
Processing

KGHM Business Model

Sales

The KGHM Group companies involved in the creation of value:
KGHM Zanam S.A.
PeBeKa S.A.
PeBeKa S.A.
Energetyka
Sp. z o.o.
Uzdrowiska Kłodzkie S.A. - Grupa PGU
NITROERG S.A.
POL-MIEDŹ TRANS Sp. z o.o.
Mercus Logistyka Sp. z o.o.
KGHM
International Ltd.

KGHM Business
Model

KGHM’s activities is divided into 7 segments, through which the company provides a complete chain of value creation from exploration to the sale of finished products.

Interactive data

Financial results of the Group

Profit on sales (PLN million)

Zysk brutto ze sprzedaży

Production costs of products sold (PLN million)

Wartość sprzedanych towarów i materiałów

Adjusted EBITDA (PLN million)

Skorygowana EBIDTA

Income tax (PLN million)

Podatek dochodowy
5 154
MLN PLN
571
MLN PLN
5 753
MLN PLN
(774)
MLN PLN
Introduction

Shareholders of the Group

Shareholders play a special role among the stakeholders of KGHM Polska Miedź S.A. We consider open and active dialogue with this group to be a critical element in effective operation.

Sustainable development

Sustainable development policy

The Sustainable Development Concept and Management Model in KGHM Polska Miedź S.A. has been developed by a specially appointed team of professionals composed of persons representing the areas of the organization’s operations.

The starting point was the “2030 Sustainable Development Agenda” adopted by the United Nations in 2015, which identifies 17 sustainable development objectives.

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PDF Version

Download Integrated Report 2017

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