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4 clusters · 26 sources · 28 days · First seen · Last updated

METLEN gallium production initiatives in Europe

Overview

METLEN CEO Evangelos Mitilineos has identified significant risks to European energy security and resource stability, citing geopolitical instability in Ukraine and the Middle East. He specifically highlighted the vulnerability of the gallium market, noting that China produces approximately 950 tons of the 1,000-ton annual global volume, which led to price volatility following 2023 export restrictions.

To address these shortages, METLEN is investing €295.5 million—including €90 million from the European Investment Bank—to establish the European Union’s first integrated gallium production line in Boeotia, Greece. Located at the former ‘Aluminium of Greece’ plant, the facility extracts gallium as a byproduct of bauxite processing. The project aims to provide a sustainable, autonomous supply chain for the high-tech industry, particularly as the global gallium market is projected to grow from $841 million in 2025 to $1.8 billion by 2032 due to demand for semiconductor technologies like gallium nitride.

METLEN has secured significant international interest, including a long-term commercial contract with a leading Japanese chemical company to supply up to 16% of its total annual production. This agreement marks the second strategic contract for the company. The Greek facility, which utilizes proprietary technology, is scheduled to begin commercial production in the third quarter of 2027 with a target annual capacity of 50 metric tons. Executive Chairman Evangelos Mytilineos stated that the international response has ‘exceeded expectations,’ positioning Greece and Europe as emerging hubs in the strategic supply chain for materials essential to artificial intelligence, telecommunications, and defense systems.

Entities

Metlen · Evangelos Mytilineos · China · European Union · Greece

Claims

What the coverage asserts, and how many sources carry each claim.

Timeline

  1. [BUSINESS] 12 sources
    Metlen secures long-term gallium supply deal with Japanese chemical firm

    Metlen has secured a long-term deal to supply up to 16% of its future gallium production from Greece to a major Japanese chemical company, strengthening Europe’s role in critical raw material supply chains.

  2. [BUSINESS] 5 sources
    Metlen to establish EU's first integrated gallium production line in Greece

    Metlen is launching a €295.5 million strategic project in Greece to create the EU's first integrated gallium production line, aiming to secure critical metal supplies for the semiconductor industry.

  3. [BUSINESS] 9 sources
    Metlen plans gallium production to meet European demand

    Metlen plans to produce 50 tons of gallium annually starting next year, aiming to meet European demand and compete with lower-cost Chinese imports through significant production cost advantages.

  4. [BUSINESS] 8 sources
    METLEN CEO warns of difficult European winter and energy risks

    METLEN CEO Evangelos Mitilineos warns of a difficult European winter due to geopolitical tensions and rising energy costs, while highlighting the need for domestic gallium production to reduce reliance on China

Sources

4troxoi.gr · banks.com.gr · businessdaily.gr · canaleenergia.com · capital.gr · economistas.gr · energygame.gr · energymag.gr · flash.gr · insider.gr · investingnews.com · lykavitos.gr · mononews.gr · newmoney.gr · newsbomb.gr · onalert.gr · ot.gr · paron.gr · powergame.gr · Reporter.gr · sbctv.gr · sbe.org.gr · tromaktiko.gr · viotiaplus.gr · worldenergynews.gr · zougla.gr

This summary has been updated 3 times: see revision history