Vale a weak rival for Anglo’s Brazilian mine, EU watchdog says in MMG deal probe
By Nicholas Hirst and Jean Comte ( October 15, 2026, 07:31 GMT | Insight) -- Formal EU objections to MMG’s planned acquisition of Anglo American’s Brazilian nickel operations show that the merger regulator discounted Brazilian metals giant Vale as a credible competitor to supply ferronickel to European steelmakers, MLex has learned. The conclusions illustrate the challenges facing Chinese-controlled MMG if it is to win EU approval for the deal.Brazilian metals giant Vale was discounted by EU merger regulators as a credible competitor to Anglo American for the supply of ferronickel to European steelmakers, MLex has learned....
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