Aluminium Of Greece

What Aluminium Of Greece does

Aluminium of Greece is a vertically integrated bauxite-alumina-primary aluminum production complex operating the only facility of its kind in Europe, located in Volos, Greece. Founded in 1960 and now a core operating division of METLEN Energy & Metals (formerly MYTILINEOS, Athens Stock Exchange: METLEN), it has run for more than 50 years and invested over €600 million in technological modernization over the past 15 years. Annual production capacity exceeds 190,000 tons of primary aluminum and 865,000 tons of alumina, supported by European Bauxites S.A. (the largest bauxite producer in the EU) and the largest electricity cogeneration unit in Europe, with privately owned port facilities enabling integrated logistics. The Metals Sector has expanded into recycled aluminum via EP.AL.ME. (the largest independent recast producer in Greece) and into copper and zinc, while Sometra extends operations into Romania and Zeologic handles environmental/waste services.

The company monetizes through direct B2B sales of primary aluminum, alumina, bauxite, and recycled aluminum to industrial manufacturers requiring heavy and complex metal constructions with demanding quality specifications. Pricing is quote-based and not publicly disclosed, consistent with commodity-industrial sales channels. GTM is sales-led enterprise motion, supported by corporate communications, investor relations, and sustainability reporting. The end-customer base is broadly distributed across European industrial manufacturers; one named engagement is the bioclimatic façade delivered in 2025 for the Hellenic Ministry of National Defence. Revenue is reported only at the consolidated METLEN S.A. level; segment financials are not separately disclosed.

Name

Aluminium Of Greece

Legal name

METLEN S.A.

Website

https://alhellas.com

Company type

Public

Founded year

1960

Operating status

Operating

Headcount range

51–100 employees

Short description

Aluminium of Greece operates Europe's only vertically integrated bauxite-alumina-primary aluminum production complex in Volos, producing 190,000+ tons of aluminum and 865,000 tons of alumina annually for European industrial B2B customers as a division of METLEN Energy & Metals.

Ownership category

akta.pro rank

Product category

Primary Aluminum Production

NAICS

Alumina Refining and Primary Aluminum Production (331313), Alumina and Aluminum Production and Processing (3313), Secondary Smelting and Alloying of Aluminum (331314), Primary Metal Manufacturing (331)

SIC

Primary Production Of Aluminum (3334), Primary Smelting & Refining Of Nonferrous Metals (3330), Metal Mining (1000)

akta.pro primary industry

Primary Aluminum Smelting (IMAKACAC)

akta.pro secondary industries

Alumina Refining (Bayer Process) (IMAKACAB), Aluminum Scrap Collection, Sorting & Processing (IMAKACAJ), Aluminum Project Development, Engineering & EPC (Smelters/Refineries) (IMAKACAO)

Keywords

• Primary aluminum production
• Alumina refining
• Bauxite mining
• Recycled aluminum
• Vertical metals integration

Headquarters

HQ city

Maroúli

HQ country

Greece

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Infrastructure, Supply Chain, Personnel, Technology or R&D

Revenue model

1. Aluminum Production and Sales: Production and sale of primary aluminum with annual capacity exceeding 190,000 tons, serving industrial customers with demanding applications.
2. Alumina Production: Production of alumina with annual capacity of 865,000 tons as part of vertical integration.
3. Bauxite Mining: Through European Bauxites S.A., the company operates as the largest bauxite producer in the European Union, supplying raw materials for internal alumina production.
4. Recycled Aluminum: Through EP.AL.ME. subsidiary, the company produces and sells recycled aluminum (recast) as part of sustainability-focused operations.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Aluminium of Greece is the EU's largest vertically integrated producer of aluminum and alumina, mining bauxite through European Bauxites S.A., refining alumina, and smelting primary aluminum at industrial scale (190,000+ tpy aluminum, 865,000 tpy alumina) from its Volos, Greece complex. The company also produces recycled aluminum via EP.AL.ME., operates its own port and Europe's largest electricity cogeneration unit, and serves industrial customers requiring heavy, complex metal constructions with high quality requirements.

Product overview

METLEN's Metals Sector operates as a vertically integrated industrial production system comprising five key offerings. At its core is Aluminium of Greece, the largest vertical producer of aluminum and alumina in the EU with over 190,000 tons annual aluminium capacity and 865,000 tons alumina capacity. European Bauxites S.A. supplies raw materials as the EU's largest bauxite producer. EP.AL.ME. handles recycled aluminium processing as the largest independent recast producer. M Technologies provides advanced technological capabilities, while "Aspra Spitia" Model Community represents social sustainability initiatives. The group has invested over €600 million in technological modernization and operates industrial production facilities in Volos oriented toward heavy and complex metal constructions with high quality requirements for demanding technological applications.

Differentiator

Problem solved

Functional benefit

Products and services

• Primary Aluminum Vertically integrated primary aluminum produced at the Volos, Greece industrial complex with annual capacity exceeding 190,000 tons. Sold to industrial manufacturers requiring heavy and complex metal constructions with high quality requirements for demanding technological applications.
• Alumina Alumina refined at the Volos complex as part of the vertically integrated production chain, with annual capacity of 865,000 tons. Serves industrial customers in the metals sector and is also used internally for primary aluminum smelting.
• Bauxite Raw bauxite mined by European Bauxites S.A., the largest bauxite producer in the European Union, supplying raw material for internal alumina production at the vertically integrated Volos complex.
• Recycled Aluminum (Recast) Recycled aluminum (recast) and processed aluminum alloys and derivative products produced by EP.AL.ME., the largest independent producer of recycled aluminum in Greece, serving industrial customers seeking sustainable and circular-economy aluminum supply.

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• European Bauxites S.A.coreStrategic or Co-development PartnerEuropean Bauxites S.A. is a subsidiary of METLEN and is one of the largest companies in Europe engaged in bauxite mining. It is integrated into the Metals Sector of METLEN as the primary source of raw materials for alumina production.
• EP.AL.ME.coreStrategic or Co-development PartnerEP.AL.ME. operates in industrial production, processing and trading of metals, mostly aluminium alloys and derivative products. It is the biggest independent producer of processed aluminium and represents METLEN's sustainability focus through recycled aluminum production.
• SometraminorStrategic or Co-development PartnerSometra is a subsidiary/partner operation in Romania, part of METLEN's metals sector operations.
• ZeologicminorStrategic or Co-development PartnerZeologic is a partner company in Greece operating in the metallurgical sector, part of METLEN's ecosystem.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Alcoa Corporation: Global primary aluminum and alumina producer with bauxite mining assets and active European operations. Comparable as a peer primary aluminum producer with a vertically integrated bauxite-alumina-aluminum model similar to Aluminium of Greece.
• Norsk Hydro ASA: Norwegian integrated aluminum producer with bauxite mining, alumina refining, primary smelting, and a growing recycled aluminum (Hydro CIRCAL) business. Directly comparable to Aluminium of Greece as a vertically integrated EU-headquartered primary aluminum company.
• Aluminum Corporation of China (Chalco): China's flagship integrated aluminum producer with bauxite, alumina, primary aluminum, and downstream operations. Comparable as the largest integrated aluminum player globally, representing the dominant low-cost supply source for the European market.
• UC RUSAL: Russian-headquartered global primary aluminum and alumina producer with vertically integrated operations. Comparable as a large-scale, vertically integrated primary aluminum competitor in global markets.
• Emirates Global Aluminium (EGA): One of the world's largest primary aluminum producers with integrated bauxite-to-metal operations, headquartered in the UAE. Comparable as a major integrated primary aluminum peer, though EGA benefits from lower energy costs in the Gulf.
• Rio Tinto (Aluminium): Operates a globally integrated aluminum business spanning bauxite, alumina, and primary smelting, including European assets. Comparable as a diversified global aluminum peer with full upstream integration similar to Aluminium of Greece's model.

Emerging players

• Century Aluminum Company: US/Europe-listed primary aluminum smelter operator with European smelting assets. Comparable as a primary aluminum peer focused on smelting, though without the upstream bauxite and alumina integration of Aluminium of Greece.

Regional players

• Trimet Aluminium SE: Germany-based primary aluminum producer operating multiple European smelters. Comparable as a European-based primary aluminum peer serving similar industrial customers, though lacking upstream bauxite/alumina integration.

Broad incumbents

• Hindalco Industries (Aditya Birla Group): India-headquartered integrated aluminum and copper producer with bauxite mining, alumina refining, and primary aluminum operations. Comparable as a large, vertically integrated primary aluminum producer competing in global aluminum markets.
• South32 (Aluminum business): Diversified mining company with a significant primary aluminum and alumina segment alongside other commodities. Comparable as a primary aluminum producer peer, though aluminum is one of several business lines rather than the company's sole focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/aluminium-of-greece

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aluminium Of Greece