None
PT
Metlen Signs First Gallium Supply Deal With US Tech Giant
['Alexandra Tompra', 'George Manettas']
tovima.com
Μake us preferred on GoogleMetlen has signed a long term agreement to supply gallium to a major American technology company, marking what the Greek group describes as the first commercial gallium supply contract between a European producer and a leading U.S. tech firm.
Under the deal, Metlen will provide roughly 25 percent of the annual output from a gallium production unit it is developing in Greece.
The financial terms of the agreement remain confidential, and neither Metlen nor the buyer has named the American company involved.
Why gallium mattersGallium is a critical raw material used in artificial intelligence hardware, renewable energy infrastructure, telecommunications equipment and defense applications.
Metlen said it is now the first company in Europe to build an integrated gallium production chain, and the first to secure a commercial agreement for gallium produced on the continent.