Discovery of copper deposits in Poland. Economically profitable operation

In April 2025, the International Copper Study Group (ICSG) forecast that between 2025 and 2028, global copper mining capacity will increase by approximately 3.2%. annually.

According to ICSG, new projects are being developed and planned in Congo, India, Indonesia, Iran, Kazakhstan, Russia, Serbia, Saudi Arabia, South Africa, the United States, Uzbekistan and Zambia. They did not take Poland into account.

One of the largest copper deposits may be in Poland

Copper is a key raw material in the energy transformation and defense sectorand its huge resources can make Poland a European raw material power.

It turns out that it’s potential copper deposits in Poland may amount to up to 165 million tons. Of this number, up to 98 million tonnes are to be located at depths enabling economically profitable exploitation.

Both American and Canadian investors and the Polish Geological Institute-National Research Institute (PIG-PIB) are convinced of the enormous value of the discovery. Jordan Pandoff with Lumina Metals and Zbigniew Liptak from EY in an interview with Energetyka24 described it as “the largest discovery of copper deposits in Europe since the 1950s and one of the largest in the world.”

Four new copper deposits have already been documented

According to KGHM, the most accessible deposits currently exploited in Poland (up to 1,500 MPPT) will last for approximately 40-50 years. Exploitation of deeper parts, requiring new technologies, could provide further opportunities 300 years of mining for Poland and 60 years of import for the entire European Union.

American companies Lumina Metals and Electrum Group have already invested PLN 500 million, and in the years 2014-2022, thanks to their research, documented resources were increased by 22 million tons in four new deposits.

According to the UNCTAD report, global demand for copper may increase by over 40%. until 2040.