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1208 MMG News Story

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EU antitrust regulators pause probe into MMG's Anglo American deal

BRUSSELS, Nov 25 (Reuters) - EU antitrust regulators have paused their investigation into Hong Kong-listed mining and metals company MMG's 1208.HK plan to buy Anglo American's AAL.L Brazilian nickel business, an update on the European Commission website showed on Tuesday.

The EU executive, which acts as the EU competition enforcer, stopped the clock on November 24. The Commission, which usually halts merger investigations while waiting for requested data, did not respond immediately to a request for comment.

Earlier this month it warned the deal, which comes amid global concerns about the supply of key minerals and China's dominance, could enable MMG to divert ferronickel from Europe, hurting European steel producers.

MMG's biggest shareholder is Chinese state-owned China Minmetals Corporation (CMC) CHMIN.UL.

 (Reporting by Foo Yun Chee; Editing by Jan Harvey)

 ((foo.yunchee@thomsonreuters.com; +32 2 585 2866; Reuters Messaging: foo.yunchee.thomsonreuters.com@reuters.net))

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