Green light given to Metlen gallium production plan

[InTime News]

The Interministerial Committee connected Strategic Investments, convened by Development Minister Takis Theodorikakos, has approved a caller concern program successful the captious earthy materials sector.

According to an announcement, this task strengthens Europe’s competitiveness, information of supply, and geo-economic position. It involves a Metlen concern with a total fund of €340 million, which enables Greece to nutrient gallium, a captious earthy material, successful sufficient quantities to screen 100% of the European Union’s needs.

According to a related announcement, this concern contributes to autonomy and information during a captious play of important geopolitical developments.  At the aforesaid time, it importantly strengthens Greece’s relation astatine the geostrategic level.

Gallium, a by-product of bauxite processing, is utilized successful indispensable technologies including semiconductors, defence systems, AI applications, and modern photovoltaic systems.