0:33 24 August 2023
KGHM’s copper sales down 1% y/y in July to 51,200 tons
In July 2023, KGHM Group reported a 1% year-on-year (y/y) decrease in copper sales at 51.2 thousand tons. Silver sales rose by 12%, reaching 131.6 tons, while Total Precious Metals (TPM) sales increased by 38% to 11.6 thousand troy ounces. Molybdenum sales remained stable at 0.3 million pounds. KGHM Polska Miedź recorded growth in copper and silver sales, with Sierra Gorda S.C.M. experiencing lower sales. The company, listed on GPW since 1997 and part of the WIG20 index, manages diverse projects across several countries. In 2022, it achieved 33.85 billion PLN in consolidated revenues.
Source: ISBnews
