Following the impairment testing in its standalone results for 2024, listed copper producer KGHM will reverse part of the PLN 1.323 billion (EUR 318.3 mln) write-off of the holding company Future 1, which directly owns 100 percent of KGHM International Ltd., the group said in a market filing.
Listed copper producer KGHM's investment opportunities are expanding by billions of zlotys due to the copper tax reduction, deputy minister of state assets Robert Kropiwnicki told TOK FM.
Poland's Ministry of Finance would like the reduction of copper tax to be extended beyond 2027, Finance Minister Andrzej Domanski told journalists.
Poland's Ministry of Finance sees the possibility of reducing copper tax by PLN 500 million (EUR 119.4 mln) from 2026 and by PLN 700 million (EUR 167.2 mln) in 2027, Finance Minister Andrzej Domanski told a press conference.
Uchwała Nr 1059/2024 Zarządu Giełdy Papierów Wartościowych w Warszawie S.A. z dnia 22 sierpnia 2024 r. w sprawie wprowadzenia do alternatywnego systemu obrotu na Catalyst obligacji na okaziciela serii C spółki KGHM POLSKA MIEDŹ S.A.