Metlen, the Greek metals and energy group listed in Athens and London, is investing almost €25 million to expand its recycled aluminium operations in Greece.
The money will go into EP.AL.ME., the country's largest independent producer of recycled aluminium, funding automated sorting, processing and melting equipment.
The upgrade will let the plant handle more complex scrap, including post-consumer aluminium recovered from products at the end of their life that has been hard to recycle efficiently until now.
EP.AL.ME. collects, sorts and pre-processes scrap, while the nearby Aluminium of Greece plant provides the scale to turn recycled metal into higher-value products.
Metlen said the two sites would operate as a single integrated system, part of a wider push towards a more vertically integrated and competitive production model.
The company framed the investment as environmentally beneficial, noting that recycling aluminium uses roughly 5% of the energy required to make primary metal.
It also aligns with European Union efforts to retain raw materials within the bloc under the Critical Raw Materials Act and the Clean Industrial Deal.
Once complete, the project is expected to lift combined output above 250,000 tonnes and improve profit margins at both plants.
