Greece's METREN Energy & Metals has announced an agreement to supply gallium over the long term to a major Japanese chemical company. Supply is expected to begin in 2027 and account for up to 16% of the total annually.
Greece's METREN Energy & Metals has announced that it will enter into a long-term supply agreement with a major Japanese chemical company for gallium produced at its own facility in Greece. The company's name has not been disclosed at this time.
Gallium is a critical mineral extracted from bauxite, and China accounts for almost all global production. Strengthening supply chains in Japan, Europe and the United States is considered a challenge, and production in Greece is anticipated.
METREN plans to produce 50 tonnes of gallium annually from the start of operations in 2027, and said that the agreement means all of its customers are expected to be finalized by the start of production.
The company also announced in July this year that it had entered into a long-term agreement to supply a US technology company with approximately 25% of its annual production.