The KGHM Group maintained cost discipline in the third quarter
„The increase in profitability despite the tough macroeconomic conditions reinforces the need to maintain strict cost discipline. Our key strategic development projects in Poland are being continued in accordance with our assumptions: ramp-up of the new flash furnace at the Głogów 1 smelter/refinery is proceeding smoothly, which also applies to the Deep Głogów ore access program. At the same time we are approaching the final stage of KGHM’s strategy revision, which will allow us to make business decisions regarding the international assets based on conclusions derived from their audit, forecasted macroeconomic conditions and the projected financial performance of the KGHM Group,” explained Radosław Domagalski-Łabędzki, CEO of KGHM Polska Miedź S.A.
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