METLEN Secures Landmark Gallium Deal to Boost European Supply

The agreement centers on production from METLEN’s facility at the historic Aluminium of Greece plant. By securing a major US buyer, the company is moving to reduce global reliance on concentrated supply sources for gallium, a metal essential for the production of AI hardware, renewable energy infrastructure, and advanced defense systems. The development follows years of research and innovation by the company’s internal teams and the newly formed Critical & Rare Metals division.

Executive Chairman Evangelos Mytilineos noted that the material has already successfully cleared rigorous qualification testing by the buyer. The project holds significant backing, having been designated a Strategic Project under the European Commission’s Critical Raw Materials Act. Furthermore, the European Investment Bank has approved financing for the site under the REPowerEU framework, underscoring the project's role in the continent's industrial strategy.