METLEN outlines €2 billion EBITDA goal and growth strategy

LONDON, UK - METLEN Energy & Metals S.A., a multinational industrial and energy company, announced today during its Capital Markets Day in London its strategic roadmap to achieve a medium-term EBITDA target of €2 billion. The company’s plan includes the introduction of three new growth pillars: Critical Metals, Circular Metals, and Defence, which will complement its existing operations in Energy, Metals, and Infrastructure.

METLEN’s senior leadership team, including Chairman and CEO Evangelos Mytilineos, presented the company’s operational model, capital allocation priorities, and growth strategy. The strategy focuses on key investments in the energy transition, industrial resilience, and sustainable resource recovery, aiming to position METLEN at the forefront of Europe’s evolving industrial landscape.

The company detailed its over 12GW renewables pipeline and a €1.5 billion investment in energy transition projects. Additionally, METLEN announced a €296 million investment program to become Europe’s only active gallium producer, which is expected to reduce the continent’s reliance on Chinese imports and support EU technology supply chains. This investment also aims to strengthen METLEN’s position as a leading alumina producer and expand its bauxite extraction capacities in the EU.

METLEN’s new proprietary technology for metal recovery was introduced, which is designed to produce metal oxides from secondary supply sources and reduce dependence on traditional mining. In the defence sector, the company targets approximately €150 million EBITDA in the medium term, supported by new production facilities and partnerships with EU defence and innovation programs.

The infrastructure and concessions arm of the company, METKA, reported nearly doubling its EBITDA year-on-year in 2024. METKA is targeting a 20-25% share of Greece’s €3.2 billion public and private projects and concessions pipeline, with a strong backlog of €1.5 billion.

Furthermore, METLEN reaffirmed its intention to pursue a listing on the London Stock Exchange (LON:LSEG) to align the company’s capital markets profile with its international scale and institutional shareholder base.

The Capital Markets Day event is a significant milestone in METLEN’s long-term growth strategy and underscores its commitment to operational excellence, disciplined investment, and robust ESG performance. This information is based on a press release statement.

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