METLEN Enters Long-Term Gallium Supply Agreement with U.S.-Based Tech Company
Greek aluminum producer METLEN has signed its first major commercial supply agreement to provide 25% of the annual gallium output from a planned facility in Greece to an unnamed U.S. technology company. The deal, part of Europe's broader strategy to strengthen critical raw materials resilience, highlights growing demand for gallium—a key material used in AI, renewable energy infrastructure, telecommunications, and defense applications. Gallium production is currently concentrated globally, prompting efforts by European nations like Greece to diversify supply chains. METLEN’s project has been designated a Strategic Project under the Critical Raw Materials Act by the European Commission and supported with funding from the European Investment Bank through REPowerEU. The company's executive chairman emphasized that this agreement marks a milestone for both Greece and Europe in gallium production. This development underscores increasing interest in secure, high-quality gallium supply sources as global demand rises.
Topics: AI applications critical raw materials European supply chain resilience gallium