KGHM Polska Miedź

Lubin, Poland
Active
PWR

Company overview

Founded
1961
Total funding
State-linked / public company
Technology
PWR — Pressurised Water Reactor

About

KGHM Polska Miedź is one of the world's largest copper and silver producers and Poland's leading SMR project developer, partnering with NuScale for a VOYGR-12 plant to power its energy-intensive mining and smelting operations. KGHM submitted a Polish government decision-in-principle application in April 2023 and targets operational status as early as 2029. The company's massive energy consumption makes nuclear power a strategic competitive necessity.

Key investors

Polish State Treasury (31.8%), institutional investors

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