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FinanceMETLEN to supply 25% of Greek gallium output to US tech firm
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Greek metals and energy company METLEN has signed a long-term agreement to supply approximately 25% of the annual gallium output from its planned facility in Greece to an unnamed US technology company. The deal is the first major commercial supply agreement between a European gallium producer and a US-based technology operator. Gallium is a critical material used in AI, renewable energy, telecommunications, and defence, and its production is currently concentrated in a few countries, prompting diversification efforts. METLEN is the first European company to establish integrated gallium production and secure a commercial supply agreement for continent-produced gallium. The European Commission has designated the investment as a Strategic Project under the Critical Raw Materials Act, and the European Investment Bank has approved funding through the REPowerEU framework. The terms of the deal remain confidential.
Source report
Source: Mining Technology Author: Shree Mishra
METLEN has entered into a long-term commercial agreement to supply approximately 25% of the annual gallium output from its planned facility in Greece to a US technology company. The terms of the deal remain confidential.
This marks the first major commercial supply agreement between a European gallium producer and a US-based technology operator.
The company stated that the arrangement supports Europe's goal of strengthening the resilience of its critical raw materials supply chain.
Strategic Importance of Gallium
Gallium is essential for applications in:
- Artificial intelligence (AI)
- Advanced renewable energy infrastructure
- Telecommunications
- Defence
Currently, gallium is primarily produced in a small number of locations worldwide. This concentration has driven interest in diversifying supply sources and securing more reliable access for industries in Europe and globally.
Company Statement
METLEN executive chairman Evangelos Mytilineos commented:
"We are particularly proud that METLEN is pioneering a completely new industrial chapter for both Greece and Europe; the successful development of gallium production carried out by our teams at Aluminium of Greece.
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"For the first time in METLEN's history, one of our metallurgical products has attracted such strong interest from leading industrial economies worldwide.
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"This reflects both the strategic importance of gallium and the confidence of global technology leaders in the quality and reliability of our material, which has already undergone extensive qualification testing."
European Recognition and Support
METLEN is reported to be the first company in Europe to establish integrated gallium production and finalize a commercial supply agreement for gallium produced on the continent.
The European Commission has classified the company's main gallium production investment as a Strategic Project under the Critical Raw Materials Act.
Additionally, the European Investment Bank has approved funding for the project through the REPowerEU framework, citing its strategic relevance.
This article was originally created and published by Mining Technology, a GlobalData owned brand.
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METLEN to Supply 25% of Greek Gallium Output to US Tech Company