Huta Cynku "Miasteczko Śląskie" S.A.

What Huta Cynku "Miasteczko Śląskie" S.A. does

Huta Cynku "Miasteczko Śląskie" S.A. (HCM S.A.) is a Polish industrial producer of refined zinc, zinc alloys, and lead, headquartered at ul. Hutnicza 17, Miasteczko Śląskie, Poland. It is Poland's largest zinc producer and the only active plant in Europe — and one of very few worldwide — using Imperial Smelting Process (ISP) technology, a blast-furnace method that simultaneously extracts zinc and lead from concentrates. The facility has been in continuous operation since the first zinc and lead smelt on 23-24 October 1968, with a second blast-furnace complex added in November 1979.

Core products include Zinc Z1 (high-purity zinc with ISO 14021:2016 verified recycled content), co-produced lead, and 2-ton zinc blocks produced in a new casting hall commissioned in May 2022. Recent R&D focuses on extracting germanium concentrate from production waste in partnership with Instytut Metali Nieżelaznych w Gliwicach. The company has invested continuously in environmental infrastructure, including a 53.56M PLN zinc-waste-recovery expansion (2014-2015) and a 26M PLN wastewater neutralization plant (2017).

The company operates a pure B2B industrial sales motion, supplying pure zinc and zinc alloys directly to manufacturers and galvanizing/metallurgical customers via a dedicated sales department and individual negotiated contracts; no e-commerce or self-serve channel is used. It has been part of the ZGH Bolesław S.A. capital group since September 2010, and ZGH Bolesław itself was acquired by Stalprodukt S.A. in December 2012, making HCM a subsidiary within a broader Polish non-ferrous-metals group. Headcount is reported at 501-1,000 employees.

Name

Huta Cynku "Miasteczko Śląskie" S.A.

Legal name

Huta Cynku "Miasteczko Śląskie" Spółka Akcyjna

Website

https://hcm.com.pl

Company type

Private

Founded year

1960

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Huta Cynku "Miasteczko Śląskie" S.A. is Poland's largest zinc producer and the only active ISP (Imperial Smelting Process) zinc smelter in Europe, manufacturing refined zinc, zinc alloys, and lead for B2B industrial customers in galvanizing and metallurgy. It operates as a subsidiary within the Stalprodukt S.A. group via ZGH Bolesław.

Ownership category

akta.pro rank

Product category

Non-Ferrous Metals Production (Zinc and Lead Smelting)

NAICS

Nonferrous Metal (except Aluminum) Smelting and Refining (33141), Primary Metal Manufacturing (331)

SIC

Primary Smelting & Refining Of Nonferrous Metals (3330)

akta.pro primary industry

Non-Ferrous Base Metals Trading (Aluminum, Copper, Zinc, Lead, Tin, Nickel) (IMAKAJAC)

akta.pro secondary industry

Concentrates & Intermediate Feedstocks Marketing (Concentrates, Cathodes, Anodes, Alumina) (IMAKAJAJ)

Keywords

• Zinc production
• Non-ferrous metals
• Zinc smelting
• Lead production
• Metallurgical alloys

Headquarters

HQ city

Warsaw

HQ country

Poland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D

Revenue model

1. Zinc and Lead Metal Production and Sales: Primary revenue from production and sale of pure zinc (including Zinc Z1 with certified recycled content) and lead. The company is Poland's largest zinc producer. Revenue is generated through direct B2B industrial sales of metallurgical products.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Huta Cynku "Miasteczko Śląskie" S.A. produces high-purity refined zinc (Zinc Z1), lead, and zinc alloys for industrial applications using the Imperial Smelting Process (ISP) — a blast furnace technology that simultaneously extracts zinc and lead from concentrates. The company is the only active ISP-based zinc smelter in Europe and Poland's largest zinc producer, supplying industrial manufacturers, galvanizers, and metallurgical customers. Additional offerings include 2-ton zinc blocks and ongoing R&D into germanium concentrate extraction.

Product overview

Huta Cynku "Miasteczko Śląskie" S.A. is a zinc and non-ferrous metals production facility operating as a single unified manufacturing plant. The company's core product is pure zinc (Cynk Z1) produced using the Imperial Smelting Processes (ISP) technology, making it the only operating ISP-based zinc smelter in Europe and one of few worldwide. As a co-product, the facility also produces lead. The company is currently researching germanium concentrate extraction from production waste. Major product lines include standard zinc ingots, 2-ton zinc blocks from the 2022 casting hall investment, and environmental-certified zinc products with verified recycled content.

Differentiator

Problem solved

Functional benefit

Products and services

• Zinc Z1 (Cynk Z1)

Quantifiable outcome

• 53,559,691 PLN investment in zinc waste recovery expansion (2014-2015)
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered supporting, core and strategic.

• AMK KrakówsupportingImplementation/ SI/ Consulting Partner · 1 May 2022Main contractor for the 2-ton block casting hall construction project worth 25 mln PLN. AMK Kraków served as the general contractor for this significant production capacity investment inaugurated in May 2022.
• Narodowy Fundusz Ochrony Środowiska i Gospodarki Wodnej (NFOŚiGW)supportingOthers · 11 December 2013Co-financing partner for environmental investment projects. Provided 490,000 PLN grant for Energy Audit (2012) and 36,956,250 PLN preferential loan for zinc waste recovery installation expansion (2013). Projects implemented under Priority Programs for Energy Efficiency and Waste Management.
• ZGH Bolesław S.A.coreStrategic or Co-development Partner · 1 September 2010Since September 2010, Huta Cynku Miasteczko Śląskie has been part of the ZGH Bolesław S.A. Capital Group. ZGH Bolesław itself was acquired by Stalprodukt S.A. on December 12, 2012. The capital group connection provides strategic integration within the non-ferrous metals sector.
• Instytut Metali Nieżelaznych w GliwicachstrategicStrategic or Co-development PartnerCollaborative R&D partnership for obtaining germanium concentrate from production waste. The project aims to develop domestic germanium production capability, potentially replacing Russian suppliers and serving EU market needs.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Boliden: Swedish metals company with zinc and lead smelting operations (Kokkola, Odda, Clarksville) plus integrated mining. Highly comparable as a European zinc/lead smelter serving industrial galvanizing and alloy markets.
• Hindustan Zinc: India's largest zinc-lead producer and one of the few remaining ISP technology operators globally alongside HCM. Directly comparable as an integrated zinc-lead producer with similar metallurgical capabilities and customer base in industrial applications.
• Korea Zinc: Korea's largest non-ferrous metals refiner producing zinc, lead, and by-products from concentrates. Comparable as a major Asian zinc/lead smelter with similar product portfolio including refined zinc and by-product recovery.
• Nyrstar: Global multi-metals business operating zinc and lead smelters across Europe and the Americas. Closely comparable as a pure-play zinc and lead smelter/refiner with similar B2B industrial customer base and exposure to LME zinc/lead pricing.
• Sumitomo Metal Mining: Japanese non-ferrous metals producer with zinc and lead refining operations alongside nickel and copper. Comparable as an integrated smelter/refiner serving industrial customers with refined non-ferrous metals and by-product recovery.
• ZGH Bolesław: Polish mining and metallurgical group and HCM's parent within the capital group. Directly comparable as a Polish non-ferrous metals producer with overlapping zinc/lead activities and shared supply chain, customer relationships, and ownership under Stalprodukt S.A.

Broad incumbents

• Stalprodukt S.A. Polish publicly listed steel and metallurgical conglomerate that controls HCM through its ownership of ZGH Bolesław. Comparable as the Polish parent entity operating across non-ferrous metals and steel, with shared capital structure and group-level strategic interests.
• Glencore (Zinc business): One of the world's largest zinc and lead producers and traders with integrated mining and smelting. Comparable as a dominant player in zinc markets globally, though Glencore operates at much larger scale across multiple commodity lines.

Emerging players

• MMG (Minerals and Metals Group): Hong Kong-listed base metals miner and smelter with zinc assets including the Las Bambas and Dugald River operations. Comparable as a focused zinc/copper/lead producer, though positioned as a miner-smelter rather than purely a custom smelter.

Regional players

• Industrias Peñoles: Mexican mining and metallurgical group with significant zinc and lead production. Comparable as a vertically integrated non-ferrous metals producer, though primarily serving the Americas rather than European markets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/hutamiasteczko
• LinkedInlinkedin.com/company/hcmsa

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Huta Cynku "Miasteczko Śląskie" S.A.