KGHM consistently increases the knowledge it has accumulated over 60 years of its activity. Its success is based on rich tradition as well as on innovation. The Company continuously seeks technologies to help it, reduce production costs, enable higher rates of recovery of copper and associated metals or contribute to higher productivity. The Company is committed to the safety of its employees and protection of the natural environment.
In 2023, KGHM Polska Miedź S.A. intends to allocate 1% of the Company’s annual revenue towards innovation and research and development projects, which amounts to nearly PLN 200 million. This constitutes a significant increase of R&D expenditures, which currently are at approximately PLN 40 million per annum. The Company focuses on improving the quality of the tasks it performs and the results it achieves. The main stream of R&D finance and innovation is directed to activities of the core production business (at least 75% in the 2019-2023 period), which have a higher implementation or commercialisation potential. KGHM has in place a consistent management model for innovation and research and development work.
The development of technology and raising the level of innovation are very important for the Company. The projects undertaken by KGHM focus on developing new copper ore mining systems in deep deposits as well as efficient technologies for their processing and for producing end materials. Actions are also taken to increase automation of mining processes, develop energy-efficient technologies or reduce the environmental impact of the mining industry.
The Company is building its future on the basis of e-industry. The implemented solutions include robotisation, digitisation, knowledge management and targets for the 4.0 industry (including data mining aimed at better utilisation of machinery and equipment, building a consistent supply chain, energy savings and safety). KGHM does not only promote projects that can be implemented in the short term. The company is not afraid of ambitious challenges and is undertaking work on cutting-edge technologies, which may change the method and nature of copper production in the future.
KGHM grows by combining the experience and intellectual potential of its employees with external research entities, businesses and institutions. The Company uses its resources and funds efficiently, creating value and building its image as a global leader in the mining industry.