Evangelos Mytilineos puts Europe’s central industrial dilemma in stark terms: the green transition cannot come at the expense of competitiveness. He calls for a unified EU energy strategy, common European funding, investment in grids, storage and critical raw materials, warning that Europe must protect its industrial base during the transition — not after it.
METLEN is preparing to produce up to 50 tonnes of gallium annually — enough, according to the company, to cover Europe’s entire current demand. Yet Evangelos Mytilineos is warning of a striking European paradox: the EU wants to reduce its dependence on China, while European buyers continue to favour cheaper Chinese supply.
A powerful intervention by METLEN’s Executive Chairman on Bloomberg: Europe knows which raw materials are critical, but Washington is moving faster with stronger incentives — while LNG tensions, China’s dominance and geopolitical instability threaten an exceptionally difficult winter.
Sweden’s agreement with Naval Group for four new FDI frigates opens a much broader industrial opportunity. METLEN has already been recognised by the French group as a strategic partner in its supply chain, and the Swedish programme could become the next step in turning Greek defence know-how into long-term export business.
With Prime Minister Kyriakos Mitsotakis present, Attica Region signed the construction contract with the TERNA–METKA–ILIOCHORA–ELEMKA consortium, launching one of the Mediterranean’s largest urban regeneration projects and reconnecting Athens with its coastline
As Europe rearms and strategic autonomy becomes a top priority, METLEN is rapidly expanding its defense footprint through M Technologies, the Volos Defence Hub and critical minerals such as gallium
At the Morgan Stanley–Athens Exchange Conference in London, the CEO of Metlen Energy & Metals warned that global power shifts—not classical economic indicators—will shape investment decisions for years to come. Greece, he said, can soar if it safeguards political stability.
