The slags derived from the fire refining of lead bullion, differ distinctly in the mineral composition, which results from the fact that these slags are end products of a series of chemical reactions (of both reduction and oxidation). The most common phases included in the refining slags are sulphates and hydrated sulphates (anglesite, gypsum, ktenasite and namuvite), oxides and hydroxides (wustite and goethite), nitrates (gerhardtite) and silicates (kirschsteinite and willemite). The other phases are sulphides and hydrated sulphides (sphalerite and tochilinite), metals (metallic Pb) and glass. Among the mineral components of these slags can be distinguished—primary mineral constituents, phase constituents formed in the ISP process and lead refining, secondary mineral constituents, formed in the landfill. The slags contain, in chemical terms, mainly FeO, CuO and SO3, PbO, in smaller contents SiO2, Al2O3 and CaO, TiO2, MnO, MgO, K2O, P2O5. The mineralogical and chemical composition indicate that slags may be a potential source of metals recovery and pyrometallurgical processing of these wastes seems to be highly rational.