Phytoremediation, as a cost-effective, highly efficient, environmentally friendly, and green approach, gained attention to the removal of metals, including heavy metals, from contaminated soils. The toxic nature of heavy metals can have an adverse effect on human health and the ecosystem, and their removal remains a worldwide problem. Therefore, in this study, a field experiment was carried out to evaluate the potential of Miscanthus × giganteus for the removal of ten microelements and heavy metals (Al, Zn, Fe, Pb, Cd, Co, Cr, Cu, Mn, Ni) from contaminated soil in the territory of a Municipal Waste Rendering Plant. Moreover, the effect of the incorporation of soil improver obtained upon composting biodegradable waste as well as the addition of highly contaminated post-industrial soil on the efficiency of phytoremediation and plant growth was described. The soil improver (SK-8) was applied to the soil at a rate of 200 Mg ha−1 and 400 Mg‧ha−1. Meanwhile, in the last object, 100 Mg‧ha−1 of highly contaminated post-industrial soil was added. Herein, the research was aimed at assessing the possibility of phytoextraction of heavy metals from soils with different physicochemical properties. The results showed that plants cultivated in soil with 400 Mg‧ha−1 of soil improver exhibited the highest yield (approximately 85% mass increase compared to the soil without additives). Furthermore, the application of a single dose of SK-8 (200 Mg ha−1) increased the uptake of Al, Fe, Co, Pb, Mn, Ni, and Cd by Miscanthus × giganteus compared to the soil without additives. Additionally, the performed biotests demonstrated no or low toxicity of the investigated soils affecting the test organisms. However, in all experiments, the phytorecovery of the elements did not exceed 1% of the amount introduced to the soil, which may result from a short cultivation period and large doses of SK-8 or highly contaminated post-industrial soil.