Natural dimension stone processing generates large volumes of stone waste, which have a significant impact on the environment, as well as on the efficiency and profitability of the stone-processing plant. The article presents the characteristics of waste produced as a result of natural dimension stone processing and the structure of the waste production process. Solid stone scraps and sludge were distinguished. On the basis of the performed analyses, it was shown that stone waste constitutes 10–35% in relation to the quantity of the processed stone material, with the quantity of sludge being even threefold greater than the volume of solid scraps. According to the circular economy principles, the aim should be to reduce the amount of waste generated by reducing primary resources in favour of secondary material. Reducing the volume of stone waste is possible through rational planning of stone production while at the same time maximising the efficiency of stone material usage and introducing the most modern processing machines. This significant volume of stone waste encourages efforts to find solutions for both its management and reduction. This paper reviews the utility potential of stone waste. Sensible use of waste is important to increase the profitability and productivity of processing plants while incentivising environmental protection.