Metlen Energy & Metals S.A. (X4Z)

Overview

Metlen Energy & Metals is a global industrial and energy company that operates in two interrelated sectors: Energy and Metallurgy. It is strategically positioned at the forefront of the energy transition and green metallurgy. The company evolved from the Mytilineos family business, which was founded in 1908, and was formally established as a group in Greece in 1990. In 2024, the company rebranded to highlight its commitment to innovation, sustainability, and international expansion across five continents.

In the Energy sector, Metlen operates as a comprehensive utility, managing thermal power plants with a total capacity exceeding 1.2 GW, alongside 211 MW of renewable energy sources that include wind, solar, and hydropower. The company is also engaged in natural gas trading, electricity retail, and cross-border trading throughout Europe. The Metallurgy sector boasts Europe’s only vertically integrated bauxite mining, alumina refining, and primary aluminum production facility, with significant annual production capacities of over 650,000 tons of bauxite, 865,000 tons of alumina, and 190,000 tons of aluminum. Furthermore, Metlen is innovating in circular metallurgy and gallium production. Committed to sustainable development, Metlen Energy & Metals actively participates in sustainability indices like the Dow Jones Sustainability Index and holds certifications from the Aluminium Stewardship Initiative, effectively balancing economic growth with environmental responsibility. The company generates consolidated revenues around €5.7 billion, playing a crucial role in Europe’s energy security and the supply of critical materials.

Products and Services

• Thermal Power Plants

  Metlen operates thermal power plants that collectively exceed a capacity of 1.2 GW, ensuring reliable energy generation to support industrial and residential needs while contributing to energy security in Europe.

• Renewable Energy Sources

  The company has a 211 MW capacity in renewable energy, encompassing wind, solar, and hydropower technologies, reflecting its commitment to sustainable energy solutions and reduced carbon emissions.

• Natural Gas Trading

  Metlen engages in natural gas trading, providing flexibility and resilience in fulfilling energy demands and optimizing the use of various energy sources across European markets.

• Electricity Retail

  The company offers electricity retail services, making it easier for consumers to access competitive energy options while fostering customer loyalty and satisfaction.

• Cross-Border Trading

  With established capabilities in cross-border trading across Europe, Metlen optimizes energy distribution, enhancing market efficiency and reliability in energy supply.

• Bauxite Mining

  Metlen operates Europe’s only vertically integrated bauxite mining facility, producing over 650,000 tons of bauxite annually, ensuring a reliable feedstock for its alumina and aluminum productions.

• Alumina Refining

  The company refines more than 865,000 tons of alumina each year, transforming bauxite into a key input for aluminum production, ensuring a seamless supply chain.

• Primary Aluminum Production

  Metlen’s primary aluminum production unit has an annual capacity of 190,000 tons, providing essential materials for various sectors, including construction, automotive, and aerospace.

• Circular Metallurgy

  The company is at the forefront of circular metallurgy initiatives, focusing on recycling and reuse of materials to minimize waste and promote sustainable practices in metallurgy.

• Gallium Production

  Through its innovations in gallium production, Metlen supports the growing demand for this critical material used in high-tech applications such as electronics and solar cells.