SCT EIB backs Europe’s first gallium production investment with €90m for METLEN

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SCT EIB backs Europe’s first gallium production investment with €90m for METLEN

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The European Investment Bank (EIB) has approved €90m in financing to multi-national industrial and energy company METLEN Energy & Metals S.A. of Athens, Greece — which operates the only vertically integrated bauxite, alumina and primary aluminium production unit in the European Union (EU) with privately owned port facilities — supporting strategic investments at the company’s historic Aluminium of Greece industrial complex in Central Greece. The financing is aimed at strengthening the European Union’s supply of bauxite and gallium, two critical raw materials essential for Europe’s green and digital transitions...

Source: https://www.semiconductor-today.com/new ... 0126.shtml
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