Core Viewpoint - The acquisition of Anglo American's nickel business in Brazil by China Minmetals is under scrutiny by the EU, raising questions about market competition and geopolitical interests [1][3]. Group 1: Transaction Overview - China Minmetals is acquiring Anglo American's nickel operations in Brazil, which is significant due to the EU's regulatory oversight despite the UK being outside the EU [1]. - Anglo American plays a crucial role in the nickel supply chain, particularly with its Barro Alto and Codemin mines, which produced 8,200 and 1,900 metric tons of nickel respectively in Q3 [3]. Group 2: EU Concerns - The EU is concerned that if a Chinese company gains control over these key nickel sources, it could disrupt the supply to local stainless steel manufacturers and impact the automotive industry [3]. - China Minmetals has expressed a willingness to cooperate with the EU's investigation and has committed to maintaining nickel supply levels for the next decade, but the EU finds the proposed solutions insufficient [3]. Group 3: Geopolitical Implications - The EU's actions may reflect deeper motivations beyond market fairness, potentially aimed at protecting local interests and maintaining market dominance [5]. - China's Ministry of Foreign Affairs has urged the EU to adhere to its commitments to open markets and fair competition, indicating China's growing confidence in the international economic arena [5]. Group 4: Resource Anxiety - The EU's resource anxiety is evident as it seeks to secure its position in global supply chains, particularly in the context of increasing competition for energy and raw materials [7]. - The EU's legislative efforts to maintain influence in resource acquisition may lead to a redefinition of international cooperation and competition dynamics [7].
欧盟也来长臂管辖？不准英国对华出售矿产，中方提醒欧盟信守承诺