【SMM Nickel Market Flash】Brazil Launches Probe into Anglo American's $500mn Nickel Sale to China-backed MMG
iconSep 4, 2025 17:17
【SMM Nickel Market Flash】Brazil's competition authority, Cade, has initiated an investigation into the planned $500 million sale of Anglo American's nickel operations in the country to MMG Singapore Resources, a subsidiary of China-backed MMG. The probe was launched following a complaint from a competitor, CoreX Holding. This move adds a new layer of complexity to Anglo American's ongoing restructuring efforts. The deal has also drawn concern from the United States over China's growing influence in the global supply chain for nickel, a critical mineral.
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