Investment plan

XEAL has committed to a €28 million investment between 2020 and 2024, allocating 14 million to each of the company's two divisions: Alloys and Electricity.

Xeal continues to focus on its 4 strategic axes and the execution of its investment plan:

€28M€ for the 2019-2024 period

  • 5.2M in 2022: 3.1M in ferroalloys (modernization project and H12 microsilica filter) and 2.1M in energy (dam safety, emergency plans, automation).
  • In the period 2019 - 2022, it invested €15.5 million, accounting for 60% of the €28 million investment plan.
  • €5.4M were invested in 2023: €3.1M in ferroalloys (renovation of filters H21 and H22) and €2.3M in energy (Castrelo and automation projects).
  • In 2024, €8.1M will be invested: 3.2M€ in ferroalloys and 4.9M€ in energy.

This investment plan underpins the commitment by XEAL and its shareholdersto inproving asset safety and  market competitiveness.