MMG offers long-term ferronickel supply guarantees to win Anglo deal
MMG says it is willing to guarantee long-term ferronickel supplies to European customers as it tries to secure its acquisition of Anglo American’s LSE:AAL Brazilian nickel business despite mounting EU regulatory opposition.
Hong Kong-listed miner MMG HKEX:1208 is willing to guarantee long-term ferronickel supplies to European customers as it tries to salvage its purchase of Anglo American's LSE:AAL Brazilian nickel business amid rising EU regulatory opposition, a company executive said.