Brief: METLEN Announces A EUR 295.5 Million Investment in Critical Raw Materials Production

Metlen Energy & Metals SA

16/01/2025 07:00

Jan 16 (Reuters) - Metlen Energy & Metals AE  MYTr.AT :
    * ANNOUNCES A EUR 295.5 MILLION INVESTMENT IN BAUXITE
ALUMINA AND
GALLIUM PRODUCTION AT ITS "ALUMINIUM OF GREECE" PLANT IN VIOTIA
    * PLAN AIMS TO ACHIEVE A TOTAL PRODUCTION CAPACITY OF 2
MILLION
TONNES OF BAUXITE ANNUALLY 1,265,000 TONNES OF ALUMINA AND 50 MT
OF GALLIUM
    * COMPLETION OF THE WORKS AND PRODUCTION START-UP IS
SCHEDULED FOR
2026 FOR BAUXITE WITH ALUMINA AND GALLIUM PRODUCTION BEGINNING
GRADUALLY FROM 2027 AND FULL-SCALE OPERATION BY 2028


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