MMG was formed in June 2009, following the purchase of the majority of assets of Oz Minerals by China Minmetals. [2][3] In December 2010, MMG was acquired by Minmetals Resources, a subsidiary of China Minmetals and listed on the Hong Kong Stock Exchange. [1][4]
“We are excited to reach agreement to acquire Anglo American’s nickel business, which provides important diversification for our business and strengthens our presence in Latin America.
Anglo American plc (“Anglo American”) announces that it has entered into a definitive agreement to sell its nickel business to MMG Singapore Resources Pte. Ltd, a wholly owned subsidiary of MMG Limited (“MMG”) for a cash consideration of up to $500 million (“the Transaction”).
On 18 February 2025, MMG Limited announced its agreement to acquire Anglo American's Brazilian nickel assets (Barro Alto, Codemin and two greenfield projects – Jacaré and Morro Sem Boné) for up to US$500 million.
Diversified mining group Anglo American has agreed to sell its nickel business to mid tier miner MMG for up to $500 million, the companies announced on Tuesday.
The European mission is preparing to launch an in depth investigation into the $500mn sale of Anglo American’s nickel business to China backed MMG, according to two officials briefed on the...
The buyer is MMG Singapore Resources, a division of China’s MMG. The consideration comprises upfront cash of $350m on deal completion and a further $100m in a price linked earn out. A further $50m in cash is linked to MMG progressing the development projects in the nickel assets.
Anglo American has entered a definitive agreement with MMG Singapore Resources, a wholly owned subsidiary of MMG, to divest its Nickel Brazil business for a cash consideration of up to $500m.
Anglo American (JO: AGLJ), a global mining company, announced the sale of its nickel business to MMG Limited for a deal valued at up to $500 million. The transaction includes the transfer of two...
Anglo American plc (“Anglo American”) announced in a statement on Tuesday that it has entered into a definitive agreement to sell its nickel business to MMG Singapore Resources for up to $500 ...
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