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MMG buying Brazilian nickel mine could harm supply to Europe, EU regulator says (update*)

By Andrew Boyce, Nicholas Hirst and Jean Comte ( November 4, 2025, 16:44 GMT | Insight) -- Natural-resources company MMG’s $500 million bid for Anglo American's nickel business in Brazil has drawn an in-depth probe from the European Commission, over concerns it could “divert” supply away from European markets. "Ferronickel is a key input for European producers to manufacture high-quality, low-emission stainless steel at competitive prices, which is critical for many sectors,” the bloc’s competition chief Teresa Ribera said.Natural-resources company MMG’s $500 million bid for Anglo American's nickel business in Brazil has drawn an in-depth EU probe over concerns it could “divert” supply away from European markets (see here)....

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