KGHM Increases Copper Sales. Silver Sales Worse

According to the company's announcement, payable copper production in the KGHM group amounted to 57.5 thousand tonnes in June 2025 (1% less than the value recorded in June 2024), with a decrease in production recorded by KGHM Polska Miedź S.A. (infrastructure renovation) and an increase in KGHM International and Sierra Gorda.

Payable silver production reached 110.7 tonnes, down 14.7 tonnes (12% year-on-year). Molybdenum production reached 0.5 million pounds, which is 150% more than the production value recorded in June 2024.

Higher copper sales and lower silver sales in the KGHM group

Copper sales totaled 63,000 tonnes, 7% higher than in June 2024. The increase in copper sales was recorded across all production assets of the KGHM Group. Silver sales totaled 119.1 tonnes, 19% lower than in June 2024. Silver sales decreased at KGHM Polska Miedź S.A., while increases were recorded at Sierra Gorda and KGHM International.

Below are the KGHM Group’s sales results in June and cumulatively since the beginning of the year:

Below is data on production and sales at KGHM Polska Miedź: