MMG's nickel deal with Anglo gets formal EU opposition over supply concerns
By Lewis Crofts and Nicholas Hirst ( September 16, 2026, 17:30 GMT | Insight) -- Global mining company MMG’s $500 million bid for Anglo American's nickel business in Brazil has received formal EU objections over concerns it could divert ferronickel away from European steel-makers in favor of Chinese rivals. The European Commission said it was worried shifting supply towards producers controlled by the Chinese State-owned Assets Supervision and Administration Commission, or SASAC, could raise production costs for European companies, making it harder to compete.Global mining company MMG’s $500 million bid for Anglo American's nickel business in Brazil has received formal EU objections over concerns it could divert ferronickel away from European steel-makers in favor of Chinese rivals. ...
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