MMG

Anglo American Strikes Deal to Divest Brazilian Nickel Mines to Chinese Firm MMG

4 days ago

In a significant corporate maneuver, Anglo American, the multinational mining giant, has agreed to sell its Brazilian nickel mines to China’s Minmetals Mining Corporation (MMG) for an estimated $1.5 billion. This strategic decision is indicative of Anglo American’s ongoing efforts to streamline its operations and refocus its portfolio, especially as the demand for nickel surges globally.

Fires Wreak Havoc on Major Australian Zinc Mines Operated by MMG and Zhongjin Lingnan

1 month ago

In a concerning development for the mining sector, significant fires have impacted multiple zinc mines in Australia, owned by MMG Ltd and its partner Zhongjin Lingnan Mining. These incidents underscore the ongoing challenges faced by the mining industry, particularly in a period marked by environmental concerns and operational vulnerabilities.