It was shown that rice hull has a unique composition and can be used as a renewable raw material. A method for rice hull conversion into polyfunctional materials was proposed, which gives a solid product, a liquid organic product, and a mixture of noncondensable gases. The solid product is suitable as a filler for elastomers, fodder supplement for farm poultry, and sorbent for noble and rare metal recovery. The liquid product acts as a highly selective collector of lead minerals in beneficiation of complex rebellious ores, plant growth stimulant, and antiseptic agent. The mixture of noncondensable gases can be used for carbon black production or as a high-calorific fuel.Rice hull, a unique large-tonnage waste material from cultivation and processing of crops, is dissimilar in the composition and properties to some other plant wastes. Specifically, rice hull contains lignin, carbohydrates, nitrogenous substances, vitamins, organic acids, and mineral components, whose content depends on the rice variety and is affected by the geographical location and agronomic method of rice cultivation. The carbohydrate components of rice hull include cellulose (the main component) and hemicelluloses (contained in a slightly lesser amount) dominated by pentosans. Depending on the technique applied, crude or purified lignin can be recovered from rice hull. Crude lignin contains cellulose and ash; nitrogenous substances are represented primarily by proteins, with a small amount of nitrogen comprised by the vitamins contained in rice hull. Organic acids contained in rice hull include acetic, citric, fumaric, oxalic, and succinic acids, as well as some aromatic acids.The predominant mineral component of rice hull, responsible for its high ash content, is silica. The ash also contains potassium, sodium, magnesium, calcium, iron, and phosphorus, as well as considerably smaller quantities of copper, iron, manganese, etc. The content of rice hull components, wt %, varies extensively as follows [1]: water 2.4-11.35, crude protein 1.7-7.26, crude fat 0.38-2.98, nitrogen-free extractive substances 24.7-38.79, raw cellulose 31.71-49.92 (34.34-43.8, according to other sources), pentosans 16.94-21.95, ash 13.16-29.04; other substances (lignin) 21.4-46.97. It should be noted that data reported by different researchers can differ considerably.