Global Infrastructure SherpaMETLEN announces €295.5 million investment in bauxite, alumina, and gallium production line, including energy and port infrastructure
USD295.5M
Deal Value
METLEN Energy & Metals announced a €295.5 million investment for an integrated production line of bauxite, alumina, and gallium in Agios Nikolaos, Viotia, Greece. This landmark project, located within the 'Aluminium of Greece' plant, includes significant infrastructure components such as energy supply infrastructure for the industrial unit, port expansion and upgrades, and other road infrastructure and flood protection projects. The investment aims to enhance Europe's self-sufficiency in critical raw materials and is scheduled for completion and production start-up from 2026.
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Metlen Energy & Metals, a global industrial and energy player, is investing €295.5 million into a new integrated bauxite, alumina, and gallium production line in Greece. This isn't just a mining play; the project in Agios Nikolaos, Viotia, includes significant energy supply infrastructure, port expansion, and road upgrades, all within the existing 'Aluminium of Greece' plant. It's a direct push to enhance Europe's self-sufficiency in critical raw materials, aligning with Metlen's stated position at the forefront of the energy transition. With production expected to start from 2026, this development deal underscores the company's integrated approach to metallurgy and energy.
- €295.5M investment by Metlen Energy & Metals.
- Integrated bauxite, alumina, and gallium production line.
- Includes energy, port, road, and flood protection infrastructure.
- Targets Europe's critical raw material self-sufficiency by 2026.
Timeline
Announced
Jan 16, 2025
Signed
Closed
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