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Thursday, September 17, 2026

European Union issues antitrust warning over MMG's nickel deal with Anglo American

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Nickel is a chemical element, pure industrial use or in metal alloys, corrosion resistant, stainless steel

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The European Commission sent a statement of objections Wednesday to China's MMG over its planned $500M purchase of Anglo American's (AAUKF) (NGLOY) Brazilian nickel business, saying the acquisition could divert low-carbon ferronickel supply away from Europe.

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