Via Metal Miner Mining multinational Anglo American recently agreed to sell its nickel business to a subsidiary of MMG Resources, which has its main offices in Beijing and Melbourne, for up to $500 million. The move left many industry insiders speculating how it might relate to current nickel prices and how it might affect them.
On February 18, the London-headquartered group stated that MMG Singapore agreed to acquire Barro Alto and Codemin ferronickel operations as well as the Jacaré and Morro Sem Boné greenfield growth projects.…Anglo American Sells Nickel Business for $500 Million
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