METLEN Energy&Metals presents its detailed strategic plan on Monday in London ahead of its listing on the stock exchange.

The new plan aims to achieve EBITDA of 2 billion euros and includes three key growth pillars: Critical Metals (Gallium), Circular Metallurgy and Defense, which complement and strengthen its leadership position in the Energy, Metals and Infrastructure sectors.

METLEN’s Chairman and CEO, Evangelos Mytilineos, highlighting the Company’s next phase of transformation, said:

“ Today, METLEN is entering a new era. With focused investments in critical raw materials, circular metals and defence - alongside our strong foundation in renewables, bauxite, alumina & aluminium, and infrastructure & concessions, we are uniquely positioned to meet Europe’s evolving industrial needs and, in so doing, deliver 2 billion euros in EBITDA in the medium term.”

Key highlights:

Energy Transition

Over 12GW renewables pipeline, with a build-up of over 1.5 billion euros in energy transition projects, and expanding grid infrastructure to support electrification, data centre growth, and AI-driven demand, as well as decades-long experience in gas fired generation power plants, to act as the transition fuel in the medium to long-term.

Gallium Production

With a substantial 296-million-euro investment programme announced earlier this year, METLEN a) becomes Europe’s only active gallium producer, positioned to replace Chinese imports to the continent and supporting EU technology supply chains; b) reinforces its positioning as a leading Alumina producer in Europe, and c) further expands its Bauxite extraction capacities, the largest in the EU.

Circular Metals

Launching a fully-patented proprietary metals recovery technology to deliver new metal oxides from secondary supply sources such as industrial by-products. This process will produce a number of critical raw materials (all included in the European CRM list) as well as base metals, thereby reducing reliance on traditional mining.

Defence

Targeting ~150 million euros EBITDA in the medium term through expanded capacity, entry into Modernisation, Repair, Overhaul (MRO), and emerging technologies such as unmanned systems. Supported by four new production facilities (or five, including the biggest operational plant) and new partnerships with EU defence and innovation programs.

Infrastructure & Concessions

METKA has almost doubled EBITDA year-on-year in 2024 and is targeting a 20-25% share of Greece’s 3.2-billion-euro Public and Private Projects and concessions pipeline, with a strong backlog of 1.5 billion euros.

Today, the Company also reaffirmed the intention to pursue a listing on the London Stock Exchange, aligning the company's capital markets profile with its international scale and existing international institutional shareholder base.

The Capital Markets Day marks a significant milestone in METLEN’s long-term growth strategy and reaffirms its commitment to operational excellence, disciplined investment, and strong ESG performance.