EC extends antitrust review on Anglo American's nickel sale to MMG

The European Commission (EC) has extended its in-depth Phase II investigation into the planned acquisition of London-listed miner Anglo American plc's Brazilian nickel assets by MMG Singapore Resources Pte. Ltd, a wholly owned subsidiary of China's Hong Kong-listed MMG Limited (MMG).

The move adds uncertainty to this large-scale merger and reflects heightened regulatory scrutiny of critical-minerals flows and China-linked resource acquisitions. The EC's core concern is that the transaction could enable MMG to divert ferronickel supply away from European stainless producers, possibly leading to an increase in their production costs and