CHINA MINMETALS

MMG Suspends Cobalt Operations at DRC Plant Amid Market Challenges

March 6, 2025March 6, 2025 - by Sofia Nawab - Leave a Comment

MMG has suspended operations at its Kinsevere cobalt processing plant in the DRC due to a price slump and an export ban. The company invested $600 million in this project, …

Companies

MMG Acquires Anglo American’s Nickel Business in Brazil for $500 Million

March 6, 2025March 6, 2025 - by Allegra Nguyen - Leave a Comment

MMG has acquired Anglo American’s nickel business in Brazil for $500 million, gaining access to large nickel reserves and aligning with rising electric vehicle and renewable energy demands. This acquisition …