MMG Faces EU Antitrust Warning Over Nickel Deal
MMG received an EU antitrust warning regarding its plan to acquire Anglo American's Brazilian nickel business. Regulators are concerned the deal could divert low-carbon ferronickel supplies away from European producers and impact regional market resilience.
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MMG LTD received an EU antitrust warning on Wednesday over its plan to acquire ANGLO AMERICAN PLC's Brazil nickel business. Regulators flagged risks of supply diversion away from European stainless steel producers. The European Commission issued a statement of objections following rejected preliminary concessions.
