Asia-Pacific’s metals & mining industry saw a rise of 3.70% in cross border deal activity in Q4 2020

25 January 2021 (Last Updated February 5th, 2021 08:52)

Led by Nickel Mines’ $490m asset transaction with Shanghai Decent Investment Group, Asia-Pacific’s metals & mining industry saw a rise of 3.70% in cross border deal activity during Q4 2020, when compared to the last four-quarter average, according to GlobalData’s deals database.

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A total of 28 cross border deals worth $1.02bn were announced for the region during Q4 2020, against the last four-quarter average of 27 deals.

Of all the deal types, M&A saw most activity in Q4 2020 with 26, representing a 92.9% share for the region.

In second place was venture financing with one deal capturing a 3.6% share of the overall cross border deal activity for the quarter.

In terms of value of cross border deals, M&A was the leading category in Indonesia’s metals & mining industry with $814.49m, followed by venture financing deals totalled $2.14m.

Asia-Pacific metals & mining industry cross border deals in Q4 2020: Top deals

The top five metals & mining cross border deals accounted for a 77.8% share of the overall value during Q4 2020.

The combined value of the top five cross border deals stood at $790.09m, against the overall value of $1.02bn recorded for the quarter.

The top five metals & mining industry cross border deals of Q4 2020 tracked by GlobalData were:

1) Nickel Mines’ $490m asset transaction with Shanghai Decent Investment Group

2) The $163.4m acquisition of Indokal by PT Wasesa Indo Nusa

3) Elemental Royalties’ $55m asset transaction with South32

4) The $45m acquisition deal with Downer Blasting Services by Enaex

5) Liberty House Group’s acquisition of SBQ Steels for $36.69m.

Verdict deals analysis methodology

This analysis considers only announced and completed cross border deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.