METLEN announces €295.5 million investment in bauxite, alumina, and gallium production line, including energy and port infrastructure

The integration of gallium production alongside traditional bauxite and alumina, coupled with a dedicated 150MW energy supply, positions Metlen's new Greek facility for significant operational autonomy. Metlen committed USD 295.5 million on January 16, 2025, to develop this integrated production line in Greece. This substantial investment encompasses bauxite, alumina, and gallium output, a strategic move given gallium's increasing demand in high-tech applications. The inclusion of a 150MW energy infrastructure directly addresses the project's power needs, mitigating external supply risks for the new mining and processing operations. Furthermore, the development extends to port infrastructure, streamlining logistics for both raw material imports and refined product exports from the Greek site. This integrated development suggests a long-term play for vertical integration and enhanced cost control within Metlen's metallurgy segment. Metlen Energy & Metals, as the sole developer, is leveraging its dual expertise in Energy and Metallurgy with this USD 295.5 million investment. The company's stated position at the forefront of the energy transition aligns directly with developing a new production line that includes significant energy infrastructure. This project expands Metlen's metallurgy portfolio in Greece, adding a new integrated bauxite, alumina, and gallium facility. Simultaneously, the 150MW energy component bolsters its energy sector footprint, demonstrating internal capacity building for the global industrial and energy company. For Metlen, this development represents a tangible execution of its strategy to control key inputs and outputs across its core business lines.