MMG Offers to Guarantee European Ferronickel Supply in Anglo Bid
MMG offered to guarantee supply to European stainless steel producers to address EU antitrust concerns over its $500 million bid for Anglo American’s Brazilian nickel assets.
Hong Kong-listed mining and metals company MMG (HKEX:1208) offered on Friday to guarantee ferronickel supplies to European stainless steel producers. The offer is aimed at addressing EU antitrust concerns over its $500 million bid for Anglo American’s (LSE:AAL) Brazilian n…