KGHM Polska Miedź S.A.

Lubin, Poland
Active
PWR

Company overview

Founded
1961
Total funding
State-controlled — Polish Government 31.79% stake, publicly traded
Technology
PWR — Pressurised Water Reactor

About

KGHM Polska Miedź is one of the world's largest producers of copper and silver and a major Polish industrial energy user. KGHM signed a definitive early works agreement with NuScale Power on February 14, 2022 to deploy a VOYGR nuclear power plant of up to 924 MWe in Poland by 2029 — the first SMR deployment agreement in Central and Eastern Europe. An application for a decision-in-principle was submitted to the Polish government in 2023. The Ministry of Climate and Environment approved the plan. KGHM CEO Marcin Chludziński at signing: "KGHM is proud to lead the initiation of a 100% carbon free energy project."

Key investors

Polish State Treasury (31.79%), public investors

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