Metlen – ElvalHalcor: Industry Leaders Warn EU on Soaring Energy Costs

In a letter addressed to European Commission President Ursula von der Leyen, Evangelos Mytilineos—Chairman of the Board of Eurometaux and Chairman & CEO of Metlen Energy & Metals—alongside Nikolaos Karampateas, General Manager of the Aluminium Division, and Panos Lolos, General Manager of the Copper Division at ElvalHalcor, together with 21 other companies from the non-ferrous metals (NFM) industry, are calling on the European Commission to align the forthcoming State Aid Framework for the Clean Industrial Solutions Act for Net-Zero (CISAF), set to be published on June 25, with the EU’s stated political goals of “prosperity and competitiveness.”

In their letter, the signatories emphasize that Europe’s non-ferrous metals industry plays a critical role in the green and digital transition, and is vital to securing the European supply of strategic materials—particularly as global geopolitical instability grows. However, they warn that the EU’s capacity to produce these refined metals domestically is diminishing at a time when it should be ramping up investments in mining, refining, smelting, and recycling facilities.

Industry representatives urge the Commission not to penalize industrial baseload consumers for their stable electricity consumption profiles, as currently proposed in the draft non-fossil fuel aid rules under flexibility support schemes. They argue that any