METLEN Secures Landmark Gallium Deal to Boost European Supply Chain

The agreement positions the Greek industrial plant, Aluminium of Greece, as a central hub for the production of gallium—a material vital to AI, renewable energy, telecommunications, and defense systems. By establishing integrated production, METLEN becomes the first European company to secure such a commercial contract, effectively creating a new industrial value chain within the EU.

Executive Chairman Evangelos Mytilineos described the deal as a milestone for both Greece and the broader European market. The project has already received significant institutional backing, including recognition from the European Commission as a Strategic Project under the Critical Raw Materials Act and financing from the European Investment Bank. Following years of R&D, the material has successfully passed rigorous qualification testing with global technology partners, signaling a shift toward more resilient and localized supply chains for critical industrial components.