Integrated Report
2022

Strategy Update

Table of contents

The implementation of the previous Strategy (with a horizon of 2019-2023) allowed the Group to take advantage of favourable macroeconomic trends to increase the scale of its operations and improve its production results and financial position.

The decision to update the strategic assumptions was dictated in particular by:
  • changes in the macroeconomic environment of major importance to mining companies (particularly those resulting from the green transition),
  • the need to clarify the Company’s actions in terms of entering the path of decarbonization and commitment to climate protection,
  • concentration on securing access to the resource base for future copper production and expanding mining capacity in the context of other metals and minerals,
  • intensification of activities in the area of implementation of innovations in the functioning core production line, 
  • identified opportunities to gain a competitive advantage and develop the Company in new prospective business areas.

On 14 January 2022 the Company’s Supervisory Board approved the „Strategy of the KGHM Polska Miedź S.A. Group to the year 2030 with an outlook to 2040” as presented by the Management Board.

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