The presented work offers an innovative process scheme for valorizing Pb-Zn slag, which involves crushing, grinding, and separation techniques to concentrate valuable components (non-ferrous metals). This methodology could have a significant impact on the global beneficiation of metallurgical slags since it is significantly more simple, environmentally friendly, and cost-effective than standard pyro- and hydrometallurgical procedures. According to previous physicochemical and mineralogical studies, Pb-Zn slag is a valuable secondary raw material. This inhomogeneous technogenic resource contains substantial amounts of non-ferrous metals (Pb, Zn, Cu, and Ag). However, laboratory tests have indicated that the Pb-Zn slag contains highly uneven amounts of valuable metals, ranging from several g/ton to tens of g/ton. The main issue is that traditional metallurgical procedures for releasing beneficial elements are not commercially viable since the elements are "trapped" within the amorphous aluminosilicates or intergrowths of alloy grains and glassy phases. Gravity concentration (Wilfley 13 shaking table) and magnetic separation (Davis separator and disk separator) were used to obtain the final concentrate following comminution and grindability testing. The gravity concentration proved more effective. Namely, magnetic separators could not process nor adequately separate beneficial non-ferrous elements because they were merged together with iron-bearing minerals and aluminosilicates in amorphous Pb-Zn slag grains. With the gravity concentration approach, 12.99% of the processed slag belonged to ∆T fraction (concentration of non-ferrous metal alloys), while remaining 87% corresponded to the tailings fraction (∆L). The total amounts of recovered Pb, Zn, Cu, and Ag from ∆T and ∆L fractions were 5.28%, 6.69%, 0.58%, and 76.12 ppm and 1.22%, 6.05%, 0.43%, and 15.26 ppm, respectively. This streamlined approach to valorizing Pb-Zn slag can reduce the need for hazardous chemicals used in hydrometallurgical refinement operations, as well as the extremely high temperatures required for pyrometallurgical processing. This is the first study to investigate the viability of this novel methodology, which involves the direct examinations of the Pb-Zn slag feed with various alternative technologies for separation and concentration. After extracting the valuable metals, the amorphous aluminosilicate part of the Pb-Zn slag can be reapplied as an alternative raw material in the building sector, adding to the circularity of the suggested approach.