The mineralogical properties and environmental impact of sulfur concentrate and hot filter residue produced from the zinc–oxygen-pressure leaching were studied through a series of characterization, including X-ray fluorescence (XRF), inductively coupled plasma optical emission spectroscopy (ICP–OES), X-ray diffraction (XRD), scanning electron microscopy-energy dispersive X-ray spectroscopy (SEM–EDS), particle size distribution (PSD), Fourier transform infrared spectroscopy (FT-IR), X-ray photoelectron spectroscopy (XPS), and thermogravimetry and differential thermal analysis (TG–DTA). Furthermore, short-term environmental activity was assessed using the toxic leaching procedure (TCLP). The results indicated that the sulfur concentrate exhibited a coarser particle size compared with the hot filter residue, primarily appearing as spindle-shaped element sulfur (S0). The hot filter residue contained spindle-shaped S0 and rod gypsum, alongside phases of sphalerite, pyrite, and copper–silver-containing phases encapsulated by S0, recovering valuable metals first requires the removal of S0. The surfaces of both sulfur concentrate and hot filter residue were composed of S, ZnS, Al-O, PbSO4, and SiO2. They exhibited thermal instability and some degree of water absorption, with vigorous burning observed at temperatures ranging from 200 °C to 380 °C. The leachates from these materials exhibited increased concentrations of elements such as zinc, lead, and cadmium surpassing permissible limits, highlighting the importance of their safe disposal for the stable production of zinc–oxygen-pressure systems.