This paper investigates the articulations between metal music and fantasy fiction as a form of cultural cross-fertilization, focusing on the creation of narratives grounded in magical themes. Within this trend, there are two distinct creative processes: bands that draw on existing literature and those that create original stories. This study focuses on the latter, particularly on the album Saberlight Chronicles (2022) by Fellowship, which exemplifies how metal bands craft concept albums narrating original fantasy stories. Despite the existing scholarship addressing laterally the contacts between metal and fantasy, there is no relevant discussion exploring their relationship. This paper aims to fill a gap in the literature by analyzing how metal’s fantastical narratives address both contemporary anxieties and historical continuities, offering a lens to speculate on alternative realities. Hence, the paper argues that modern metal’s engagement with fantasy mediates long-standing cultural tensions of the enchantment of modernity that gain nuances when sedimented in the music record form. Therefore, metal and fantasy are shown not merely as escapism but as active tools for reimagining cultural processes, illustrating the influence of alternative realities in music expression. By examining the lyrics and musical structures that evoke fantasy, this paper aims to show how these strategies operate within a dialectic between freedom and control, reification and utopia. Consequently, metal music (particularly the subgenre known as power metal), in this context, becomes a site where cultural meaning is negotiated.