Oxide fraction of industrial zinc ash from hot dip galvanizing was characterized in terms of composition and leaching behaviour in 10% sulfuric acid solution. Waste product contained about 68% Zn, 6% Cl, 3% Al, 1% Fe, 0.7% Si, 0.5% Pb and minor percentages of other metals (Mn, Cu, Ti etc.). It consisted mainly of zinc oxide contaminated with metallic zinc, zinc hydroxide chloride and silica. Dissolution of the metals from the material was determined as a function of solid to liquid ratio (50-150 kg/m3), temperature (20°C and 35°C) and agitation rate (300 and 900 rpm). The best results (50 g/dm3 Zn(II) at 78% zinc recovery) were obtained for 100 kg/m3 and the temperature of 20°C. Increase in the agitation rate had weak effect on the zinc yield. The final solutions were contaminated mainly by Fe(II, III) ions. Leaching of the material was an exothermic process with the reaction heat of about 800 kJ/kg.