Working components of mills and slurry pumps in mining, metallurgy, and mineral processing are exposed to abrasive wear, erosion, and cavitation. This study presents a UVKP polymer composite based on ultra-highmolecular-weight polyethylene (UHMWPE), reinforced with graphite and short fibers. The material was produced by compression molding at 130–160°Cand250–300 MPa. Its tribological, mechanical, and physical properties were evaluated using experimental methods. Industrial trials demonstrated up to a threefold increase in component service life, a 40% reduction in installation downtime, and a 12–25% decrease in energy consumption. These findings indicate that UVKP composites offer a promising solution for improving wear resistance and reducing operating costs in demanding industrial environments.