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Market Chatter: EU Prepares Objections for Sale of Anglo American's Nickel Business in Brazil to MMG

MT Newswires·09/09/2026 00:02:34
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12:02 AM EDT, 09/09/2026 (MT Newswires) -- The European Commission is preparing its statement of objections for the proposed sale of Anglo American's (AAL.L, AGL.JO) Brazilian nickel business to Hong Kong-listed mining and metals company MMG, Reuters reported Tuesday, citing three people familiar with the matter. The unnamed sources said the European Union's executive body is preparing to send the charge sheet within September to inform involved parties of its concerns surrounding the transaction. One of the three said the buyer may offer remedies to allay the concerns. Anglo American, MMG, and the European Commission did not immediately respond to requests for comments from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)