Core Points - Minmetals Resources is facing an EU antitrust investigation regarding its $500 million acquisition of Anglo American's nickel assets in Brazil due to rejected remedial proposals [1][3] - The deal has raised concerns about potential supply disruptions of nickel to European customers, prompting both companies to propose a ten-year plan to supply nickel to Minmetals for resale in Europe [3] - The European Commission is expected to complete its preliminary review of the transaction by November 4, but has not yet sought feedback from competitors and customers on the proposed remedies [3] Company Actions - Both companies have stated they will continue to work closely with the European Commission to obtain approval for the transaction [3] - They have proposed safeguards to ensure customers continue to receive sustainably produced nickel, which they believe is the best option for clients [3] - The companies assert that the entry of Minmetals as a new supplier will enhance competition in the European market for nickel [3]
五矿资源收购英美资源集团镍资产，面临欧盟反垄断调查