MMG warned by EU antitrust over nickel purchase from Anglo American
MMG HKEX:1208 said it received an EU antitrust warning over its plan to buy Anglo American’s LSE:AAL Brazilian nickel business, with regulators citing potential diversion of nickel supply away from Europe.
MMG HKEX:1208 said it received an EU antitrust warning on Wednesday over its plan to buy Anglo American's LSE:AAL Brazilian nickel business. Regulators said the Hong Kong-listed mining and metals company may divert supply away from Europe, which could hurt European stainless steel producers.