【SMM Nickel Market】US Steel Institute urges White House to block Anglo’s $500m Brazil nickel sale to China-backed MMG over strategic concerns

Published: Aug 26, 2025 16:54

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【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.

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