Welcome to the Integrated Report of KGHM Polska Miedź S.A. and the KGHM Polska Miedź S.A. Group for 2021


We hereby convey to you the Integrated  Report of KGHM Polska Miedź S.A. and the KGHM Polska Miedź S.A. Group for 2021. This is already our ninth integrated report, a key and comprehensive document that depicts our business, operating and non-financial activities. This Integrated Report describes the Parent Entity KGHM Polska Miedź S.A. and the KGHM Polska Miedź S.A. Group, our activities and development directions in greater detail to our stakeholders and particularly to investors, financial institutions and insurers.

The Future is made of Copper

The KGHM Polska Miedź Group is a global, innovative organization involved in technologically advanced exploration, mining and metallurgical operations. For several decades, the Company has been mining and processing valuable underground resources, supplying the world with products that enable its sustainable development. The Company’s history began in 1957 with the discovery of one of the world’s largest deposits of polymetallic ores, predominantly copper and silver, located in southwestern Poland. The deposit has been effectively and rationally mined to this day. As the years went by, the KGHM Polska Miedź S.A. Group grew its business significantly both in terms of products and the market. KGHM Polska Miedź S.A. is present on four continents: in Europe, South America, North America and Asia. The KGHM Polska Miedź S.A. Group is comprised of KGHM Polska Miedź S.A. as the Parent Entity and several dozen subsidiaries.

In 2021, KGHM Polska Miedź S.A. celebrated the 60th anniversary
of establishing the Copper Mining and Smelting Combine; the main theme of the celebration was “The Future is made of Copper”, which emphasized the key role of copper in energy transition of the global economy.

In July of 2022, 25 years will have transpired from when KGHM Polska Miedź S.A. first went public on the Warsaw Stock Exchange. Today, the copper giant’s shares are listed in the WIG20, WIG30 and WIG-ESG indices. KGHM Polska Miedź S.A. is also among companies included in the FTSE4Good Index Series.

Despite the years marked by the pandemic and the most recent days marred by the dramatic war on the other side of our eastern frontier, we have never surrendered to pessimistic visions and forecasts regarding the global economy and mining industry. We have a clear strategy, which we effectively execute during turbulent times, too. Day after day we create a stable future for our employees and value for our owners, and a plan for future generations in Poland. We supply the raw materials the global economy needs. We incessantly emphasize that the future is made of copper!

Marcin Chludziński
President of the Management Board KGHM Polska Miedź S.A.

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