KGHM wins EU status for copper plans. KGHM stock is valued at PLN 69.9 billion

Published on 10/12/2026 at 09:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EU status covers PLN 9.5 billion projects on October 9, 2026. KGHM stock costs EUR 79.55 on October 12, 2026 at PLN 69.9 billion value.

Key points in brief

KGHM received EU strategic status for two copper projects valued at more than PLN 9.5 billion on October 9, 2026.
The projects cover the Retkow-Grodziszcze deposit and a recycling smelter in Legnica.
KGHM reported PLN 24.7 billion in first-half 2026 revenue and PLN 5.6 billion in net income.
KGHM stock was priced at EUR 79.55 at Lang & Schwarz on October 12, 2026, while market capitalization stood at PLN 69.9 billion.

KGHM, PLKGHM000017, Illustration mit AI erstellt.

KGHM Polska Miedz stock had a PLN 69.9 billion market value on October 12, 2026, after the company received EU strategic status for two copper projects worth more than PLN 9.5 billion on October 9, 2026. The Northern Miner reported that the designation covers the Retkow-Grodziszcze mining project and the conversion of the Legnica smelter into a recycling facility.

Three dated milestones

On September 22, 2026, KGHM published preliminary production and sales data for August 2026, with the report covering a production month ending August 31, 2026. KGHM said the final quarterly production and sales results would be included in its third-quarter report. On October 2, 2026, KGHM announced a USD 725 million expansion of the Sierra Gorda mine in Chile, designed to lift ore processing capacity from 48 million to 60 million tonnes annually. KGHM said completion is scheduled for the end of 2029. On October 9, 2026, the EU designation added a regulatory milestone to the Polish projects.

What does the expansion add?

The Retkow-Grodziszcze project is planned 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, according to The Northern Miner. The Legnica recycling operation is planned to produce 135,000 tonnes of electrolytic copper and 250 tonnes of nickel annually. The strategic designation may shorten permitting procedures, but it does not guarantee financing, the publication reported.

Dates for the next reports

KGHM has scheduled an Extraordinary General Meeting for October 28, 2026, with proposed resolutions published on September 30, 2026. PAP MediaRoom carried the filing. The investor calendar lists the consolidated third-quarter 2026 report for November 18, 2026, on KGHM's investor page.

Price and market value

KGHM stock was trading at EUR 79.55 at Lang & Schwarz on October 12, 2026 at 9:25 a.m. CEST. The latest Polish listing data showed a market capitalization of PLN 69.9 billion, while the company reported PLN 24.7 billion in first-half 2026 revenue and PLN 5.6 billion in net income, according to stockd. That combination leaves the stock story tied to both higher copper capacity and execution of projects that extend well beyond the next quarterly report.

The further course of trading is shown by the continuously updated real-time quote of KGHM stock.