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Anglo American may close Brazilian nickel operation if E.U. blocks sale - Reuters
Seeking Alpha ·
Seeking Alpha reports: Anglo American likely will shut down its Brazilian nickel operation if European Union antitrust regulators block its sale to China's MMG, the British company will warn regulators at a closed hearing this week, Reuters reported Wednesday. Anglo American executives Ruben Fernandes and Cristina Morgan, the company's COO and CFO in Brazil, will seek to convince the European Commission that the sale to MMG will not hurt European stainless steel producers. "Recognizing…