en.Wedoany.com Reported - Polish state-owned copper and silver producer KGHM recently unveiled a new strategy, announcing an investment plan worth 32 billion zlotys (approximately $8.55 billion) and setting clear output and profit targets for 2026 to 2030.

The Poland-based mining group, in its plan titled "Strategy 2055+," stated that between 2026 and 2030, its average annual adjusted core profit (measured by EBITDA) target is 12 billion zlotys, with copper output targeted at 730,000 tons and silver output at 1,290 tons. CEO Remigiusz Paszkiewicz said that after 2035, KGHM aims to transform into a modern multi-raw material industrial group and plans to build a new mine named "KGHM 2.0" within Poland.

The core of the strategy is to ensure ore supply near Polish smelters to reduce logistics costs. The company expects that approximately 80% of its copper output will come from domestic assets, with the remainder supplemented by overseas mines. KGHM stated that nearly 80% of the planned investments will be allocated to its core Polish operations, while the remaining funds will be distributed to projects in Chile, the United States, and Canada. Currently, overseas assets have already demonstrated significant importance, contributing about 48% to the group's EBITDA in 2025, primarily driven by operations at the Sierra Gorda mine in Chile (in which KGHM holds a 55% stake) and the Robinson mine in Nevada.

Anna Sobieraj-Kozakiewicz, Vice President for Overseas Assets, noted that the company aims to enhance the status of its overseas assets to strengthen global credibility and the ability to respond to structural changes. She stated that future development opportunities will be identified based on efficiency analysis.