KGHM Targets European and Moroccan Copper Mines to Cut Logistics Costs

Published: May 18, 2026 09:15

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Polish copper producer KGHM said it is seeking mining investments in Europe and Morocco to secure ore supplies closer to its smelting operations in Poland. The company aims to reduce logistics costs and geopolitical risks through a “near-shoring” strategy for raw materials. KGHM is also considering converting older smelting facilities into recycling plants. Analysts say tight copper supply conditions are accelerating regional supply-chain restructuring across the mining sector.

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