The company was founded in 1997 with private funds. Its name is derived from the initials of the names of three shareholders and word “metal”, which indicates company’s agenda.

Since its foundation, the company has focused on recycling. The production started from a mechanical scaling process of non-ferrous metals, in order to recover the metallic fraction for a working process, in ball mills. The resulting end product was a high-quality, clean feedstock for downstream thermal processes in the metallurgy of nonferrous metals.