This paper presents the results of a study on the process of the pelletization of pine sawdust with the addition of herbaceous waste from elderberry, in the working system of a pellet press with a flat matrix, in the context of producing fuel pellets. Based on the research, the impact of the addition of herbal waste in the form of elderberry waste on the granulation process of pine sawdust and the assessment of the quality of the obtained pellets were determined. The addition of herbaceous waste from elderberry to pine sawdust had a beneficial effect on the kinetic durability of the obtained fuel pellets, with an increase of up to approximately 1.3% (from 98.03 to 99.31%). Based on the obtained results, it can be concluded that the mechanical strength of all the tested pellets is higher than 97.5%, which is consistent with the ISO 17225-1:2021-11 standard. The bulk density of pellets with the addition of herbaceous waste from elderberry increased (from 649.34 to 658.50 kg∙m−3) as did their density (from 1231.38 to 1263.90 kg∙m−3). The addition of herbaceous waste from elderberry in amounts ranging from 10% to 20% did not have a significant effect on the power requirements of the pelletizer, which decreased compared to the pelletization process of pure pine sawdust. The percentage of this decrease compared to the pelleting process with pure pine sawdust was approximately 10%. The addition of herbaceous waste from elderberry to pine sawdust slightly reduces the energy value (i.e., the heat of combustion and the calorific value) of the obtained pellets. The addition of 30% elderberry waste resulted in a decrease in the heat of combustion from 20.27 to 19.96 MJ·kgd.m.−1, while the calorific value of the pellets decreased from 19.98 to 18.69 MJ·kgd.m.−1 compared to pine sawdust pellets. Hence, adding herbaceous waste from elderberry seems to be a good way of managing large amounts of waste of this kind generated in herbal processing plants. This method of waste management opens new perspectives towards more sustainable and economically effective energy production