METLEN Signs Long-Term Gallium Deal With Japanese Chemical Firm
Greek industrial group METLEN has secured a long-term gallium supply agreement with a major Japanese chemical company, signaling strong global demand for European gallium.
METLEN, the Athens-based industrial group, announced Monday it has signed a long-term commercial agreement with a major Japanese chemical company for the supply of gallium, underscoring growing international appetite for European-sourced critical materials.
The agreement marks another milestone in METLEN's effort to position itself as a key supplier of gallium to global markets. The company said the deal reflects strong commercial interest from major industrial buyers seeking reliable, European supply chains for the strategic metal, which is used extensively in semiconductors, solar panels, and defense electronics.
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Gallium has emerged as one of the most closely watched critical minerals in recent years as Western governments and manufacturers seek to reduce dependence on Chinese exports, which have historically dominated global supply. METLEN's ability to attract a significant Japanese counterparty signals that its European gallium production is gaining credibility among top-tier industrial consumers.
The identity of the Japanese chemical company was not disclosed in the announcement. METLEN made the disclosure from Athens, with the statement also distributed through London, reflecting the company's dual engagement with both European and international capital markets.
The agreement adds to what METLEN describes as growing global commercial interest in its gallium operations, suggesting the company is building a diversified portfolio of offtake relationships across major industrial regions. Continue reading at All Financial Services & Investing.
