【SMM Nickel Market】The American Iron and Steel Institute has urged the White House to intervene in Anglo American’s planned $500 million sale of its Brazilian nickel mines to MMG Ltd., controlled by China Minmetals. The deal, expected to close this quarter, would give Beijing “direct influence” over key nickel reserves, vital for EV batteries and stainless steel. While it’s unclear how Washington could act, reviving US metals and minerals production has been a priority for the Trump administration.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.