Analysis of the key themes driving M&A activity reveals that renewable energy accounted for 14 mining deals announced in Q3 2024, worth a total value of $151.3m. The $138.4m majority acquisition of Lanna Resources Public Company Limited (formerly Lanna Lignite Public Company Limited) by Siam City Cement and Sunrise Equity was the industry’s largest disclosed deal. GlobalData’s Mining Industry Mergers and Acquisitions Deals report for Q3 2024 helps discover the latest insights on Mining Industry M&A transactions. The report uncovers the analyzes the disruptive themes behind the most notable deals, and helps anticipate shifts in the industry landscape. Buy the report here.
Smarter leaders trust GlobalData
In value terms, renewable energy-related deal activity decreased by 86% in Q3 2024 compared with the previous quarter’s total of $1.1bn and rose by 218% as compared to Q3 2023. Related deal volume remained flat in Q3 2024 versus the previous quarter and was 17% higher than in Q3 2023.
The top-ranked legal advisors supporting these M&A deals in 9M 2024 were Blake, Cassels & Graydon; Fasken Martineau DuMoulin; Baker & McKenzie with 2, 2, 1 deals respectively.
For further understanding of GlobalData's Mining Industry Mergers and Acquisitions Deals by Top Themes in Q3 2024 – Strategic Intelligence, buy the report here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.
