Lignite still plays a key role in the production of electricity in Poland. About one-third of domestic electric energy comes from lignite burned in large power plants that produce megatons (Mt) of bottom ash and fly ash annually. Nearly 11 wt% of the total ash generated by the lignite-fired power industry in Poland comes from lignite extracted from the Konin Lignite Mine. Part of the ash escapes into the atmosphere, and the rest is utilized, which is expensive and often harmful to the environment; hence, geochemical studies of these ashes are fully justified and increasingly carried out. The lignite samples examined in this paper represent the entire vertical section of the first Mid-Polish lignite seam (MPLS-1) mined in opencasts at Jóźwin IIB, Drzewce, and Tomisławice. First, the samples were oxidized (burnt) at one of three temperatures: 100, 850, and 950°C; then the chemical composition of oxides and trace elements was determined according to the ASTM D6349-13 standard. The ashes were rich in SiO2 and CaO; Ba, Sr, and Cu dominated the trace element content. Among the harmful elements found, Pb is of most concern. Only a few elements (Ba, Cu, Pb, Sb) reached values higher than their corresponding Clarke values. Based on the results obtained, it can be concluded that the examined ashes are approximately as harmful to the environment as ashes from other lignite used to generate electricity. Moreover, the increased amount of CaCO3 in the MPLS-1 is beneficial in the process of natural desulphurization.