The heavy metal act will play Download festival next summer and will then proceed to play a number of big European music events, performing their Black Album in full.
Fans were surprised the band scheduled to tour the continent next summer, having toured extensively throughout 2011. However, their manager Cliff Burnstein said that the decision was an economical one.
Burnstein told the Wall Street Journal: "I'm not an economist, but I have a degree, so it helps. You have to ask yourself, 'What's the best time to be doing what, when and where?'
"Over the next few years, the dollar will be stronger and the Euro weaker, and if that's the case, I want to take advantage of that by playing more of these European shows now, because they will be more profitable for us."
Burnstein went on to describe Metallica as an export, saying: "We're a US export the same way Coca-Cola is. We look for the best markets to go to. Right now Indonesia is on my watch list."
Metallica recently admitted that they'll have to relearn some of the tracks from their 1991 self-titled record - which is widely known as The Black Album - ahead of their gigs next summer.
Watch Metallica perform 'Enter Sandman' live below: