EU antitrust authorities suspend investigation into MMG's agreement with Anglo American

Written by Emily J. Thompson, Senior Investment Analyst

Source: Reuters

Updated: Nov 25 2025

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Source: Reuters

Investigation Pause: The EU antitrust regulators have paused their investigation into MMG's acquisition of Anglo American's Brazilian nickel business due to a lack of timely information from the parties involved.
Merger Clock Suspension: The "clock" for the merger investigation was stopped on November 24, and it can be restarted once the requested information is provided, adjusting the legal deadline for the Commission's decision.
Concerns Over Supply: The European Commission has expressed concerns that the deal could allow MMG to divert ferronickel from Europe, potentially harming European steel producers amid global worries about mineral supply and China's market dominance.
MMG's Ownership: MMG's largest shareholder is the state-owned China Minmetals Corporation, highlighting the strategic interests involved in the acquisition.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.