EU gave KGHM projects strategic status and KGHM stock costs EUR 79.85
Published on 10/13/2026 at 10:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- KGHM received EU strategic status for two copper projects valued at PLN 9.5 billion on October 9, 2026.
- The Retkow-Grodziszcze mine and Legnica recycling project could improve permitting and financing access.
- KGHM stock was at EUR 79.85 at Lang & Schwarz on October 13, 2026, while market capitalization was PLN 70.0 billion.
- KGHM reported PLN 24,711 million revenue and PLN 5,579 million net income for the first half of 2026.
- The next consolidated report is scheduled for November 18, 2026.
KGHM stock (ISIN PLKGHM000017) was trading at EUR 79.85 at Lang & Schwarz on October 13, 2026, at 10:10 a.m. CEST. The European Commission had granted strategic status on October 9, 2026, to two KGHM projects valued at PLN 9.5 billion, giving the copper producer a fresh investment story while the euro quote remained the immediate market reference.
Three dated KGHM milestones
On August 19, 2026, KGHM's first-half report showed revenue of PLN 24,711 million and net income of PLN 5,579 million, according to Stockd. On September 22, 2026, PAP MediaRoom published KGHM's production and sales report numbered 33/2026 for August. On October 9, 2026, The Northern Miner reported the EU strategic designation for projects worth more than PLN 9.5 billion.
What does the EU status mean for output?
The designation covers the Retkow-Grodziszcze mining project and the conversion of the Legnica smelter into a recycling facility. The Northern Miner reported that KGHM plans to extract more than 100 million tonnes of ore through 2055, containing nearly 1.5 million tonnes of copper and more than 5,000 tonnes of silver.
The Legnica operation is designed to produce 135,000 tonnes of electrolytic copper and 250 tonnes of nickel each year, according to The Northern Miner. The same report identified reliable copper scrap supplies as a condition for the recycling project's success, so the EU status improves permitting and financing access but does not remove execution risk.
Strong first-half comparison
The first-half figures provide the financial counterweight to the long investment timetable. KGHM's revenue of PLN 24,711 million was 40.8 percent higher year over year, while net income reached PLN 5,579 million after PLN 580 million in the comparable period, according to Stockd. That comparison matters because the planned projects require sustained cash generation rather than a single strong reporting period.
Next report date is November 18
KGHM's investor calendar schedules the consolidated report for the third quarter of 2026 on November 18, 2026, according to KGHM. That release should give the market a new operating checkpoint before the long-dated mine and recycling milestones become measurable.
EUR 79.85 remains the market reference
KGHM stock was trading at EUR 79.85 at Lang & Schwarz on October 13, 2026, at 10:10 a.m. CEST. The company had a market capitalization of PLN 70.0 billion as of October 13, 2026, while its primary listing is on the GPW under ticker KGH.
The further course of trading is shown by the continuously updated real-time quote of KGHM stock.
KGHM stock facts
- Company: KGHM Polska Miedz S.A.
- ISIN: PLKGHM000017
- Ticker: KGH
- Primary exchange: GPW
- Price Lang & Schwarz as of October 13, 2026, 10:10 a.m. CEST: EUR 79.85
- Market capitalization: PLN 70.0 billion as of October 13, 2026
- Sector / Industry: Materials / Copper mining
- Index membership: WIG20
- Next earnings date: November 18, 2026
Market context: Market report WIG20.
