MMG's nickel deal threatens EU's steel industry, CoreX CEO warns
By Nicholas Hirst and Lewis Crofts ( September 10, 2026, 19:17 GMT | Insight) -- An MMG takeover of a nickel mine in Brazil will lead to the raw material being diverted from European stainless steelmakers to Chinese rivals, according to the CEO of a Turkish miner and rival bidder. He said China had employed the same playbook when buying chrome ore assets in Africa.Allowing MMG to buy Anglo American's nickel business in Brazil will spell the end for Europe's specialty steel industry, according to a rival bidder and competing ferronickel producer....
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