EU Pushes Back Deadline on MMG’s Brazilian Nickel Acquisition

The European Commission originally slated the conclusion of its antitrust investigation for November 30. However, the introduction of a legally enforceable supply guarantee by MMG—a firm majority-owned by state-controlled China Minmetals—has prompted an administrative extension. This proposal serves as a direct response to the watchdog’s fears that the acquisition could restrict local access to essential commodities. By offering these commitments, the companies hope to clear the final regulatory hurdles necessary to finalize the transaction.