Letter of intent on the development of deposits of chemical raw materials

Friday, 30 August, 2013
Report no. 28/2013

The Management Board of KGHM Polska Miedź S.A. announces that on 30 August 2013, KGHM Polska Miedź S.A. and the company Gdańskie Zakłady Nawozów Fosforowych „Fosfory” signed a letter of intent on cooperation in exploration projects, involving exploring for and evaluating deposits of chemical raw materials, including potassium salts, mining projects related to the development of existing deposits of chemical raw materials, both domestically and abroad, as well as the utilisation of secondary materials (wastes) in order to recover critical metals (including rare earth metals).

The letter of intent comes into force on the date it is signed and will cover the period to 31 December 2015.

Legal basis: Art. 56 sec. 1 point 1 of the Act dated 29 July 2005 on public offerings and conditions governing the introduction of financial instruments to organised trading, and on public companies (Journal of Laws from 2009, No. 185, item 1439 with subsequent amendments).