Asia-Pacific’s metals & mining industry saw a drop of 26.09% in deal activity during March 2021, when compared with the last 12-month average, led by JSW Steel’s $115.65m acquisition of Welspun, according to GlobalData’s deals database.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all
  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

 

A total of 34 metals & mining industry deals worth $238.35m were announced for the region in March 2021, against the 12-month average of 46 deals.

Of all the deal types, M&A saw most activity in March 2021 with 33 transactions, representing a 97.1% share for the region.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In second place was private equity with one deal capturing a 2.9% share of the overall deal activity for the month.

In terms of value of deals, M&A was the leading category in Asia-Pacific’s metals & mining industry with $238.35m.

Asia-Pacific metals & mining industry deals in March 2021: Top deals

The top five metals & mining deals accounted for 84.5% of the overall value during March 2021.

The combined value of the top five metals & mining deals stood at $201.29m, against the overall value of $238.35m recorded for the month.

The top five metals & mining industry deals of March 2021 tracked by GlobalData were:

1) JSW Steel’s $115.65m asset transaction with Welspun

2) The $50m acquisition deal with PT Golden Energy Mines by Ascend Global Investment Fund

3) Northern Star (Carosue Dam)’s $13.94m asset transaction with Shannon Resources

4) The $13.31m asset transaction with Great Northern Palladium by Red Emperor Resources

5) Vox Royalty’s acquisition of Horizon Minerals for $8.39m.