METLEN announced that it had signed a long-term gallium supply agreement with a major Japanese chemical company. The supply volume is expected to equal up to 16% of annual production at its new production facility in Greece, while the commercial terms have not been disclosed.
METLEN announced that it had signed a long-term commercial agreement with a major Japanese chemical company for the future supply of gallium. Under the agreement, the supply volume is expected to equal up to 16% of METLEN’s total annual gallium production at its production facility in Greece, which is currently under construction. The commercial terms have not been disclosed.
The new agreement is METLEN’s second strategic commercial agreement announced for the future supply of gallium and is said to demonstrate strong international demand for reliable European sources of supply. The article reports that METLEN is establishing itself as a long-term partner as industries worldwide diversify their critical raw-material supply chains.
METLEN said it was emphasizing an integrated production model combining proprietary technology, feedstock supplied by the smelter of its wholly owned subsidiary Aluminium of Greece, and production capacity that is larger than that of other companies in Europe. This is strengthening its position as a European supply hub for critical raw materials.