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# EIB backs Europe's first gallium production line with EUR 90 million
- URL: https://sovereigntymonitor.eu/news/2026-01-15-eib-metlen-gallium-production-loan/
- Published: 2026-01-15T12:00:00.000Z
- Updated: 2026-09-01T10:51:30.000Z
- Description: The European Investment Bank approved EUR 90 million in financing to METLEN for what it called Europe's first EIB-backed gallium production line, at its Agios Nikolaos site in Greece, aimed at reducing EU reliance on imported gallium for chips.
- Author: Reidar Balstad
- Tags: Compute and infrastructure, Industry, investment and R&D, #news, #verified

Verified [METLEN press release, 15 January 2026](https://www.metlen.com/news/company-news/eib-backs-europe-s-first-gallium-production-investment-with-90-million-financing-to-metlen-in-greece/?ref=sovereigntymonitor.eu)

**What it does not test.** This does not confirm the production line is built or producing gallium, only that the financing for it has been approved.

**How this item counts.** Towards autonomy: it changes who made the parts. Binding 2 of 3 (agreed or funded), scale 1 of 3 (small), Verified counts in full: weight +2 of 36 possible. parts: EUR90M loan for first EU gallium line, not yet built/producing. [European Sovereignty Index](https://sovereigntymonitor.eu/sovereignty-index/)