Asia-Pacific’s metals & mining industry saw a drop of 26.32% in deal activity during November 2022, when compared with the last 12-month average, led by Jinshan (Hong Kong) International Mining’s $565.04m acquisition of 20% stake in Zhaojin Mining Industry, according to GlobalData’s deals database.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

  • 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 28 metals & mining industry deals worth $843.6m were announced for the region in November 2022, against the 12-month average of 38 deals.

Of all the deal types, M&A saw most activity in November 2022 with 25 transactions, representing an 89.3% share for the region.

In second place was private equity with two deals, followed by venture financing deals with one transactions, respectively capturing a 7.1% and 3.6% share of the overall deal activity for the month.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

In terms of value of deals, M&A was the leading category in Asia-Pacific’s metals & mining industry with $840.59m, followed by private equity deals totalled $3.01m.

Asia-Pacific metals & mining industry deals in November 2022: Top deals

The top five metals & mining deals accounted for 99.3% of the overall value during November 2022.

The combined value of the top five metals & mining deals stood at $837.94m, against the overall value of $843.6m recorded for the month.

The top five metals & mining industry deals of November 2022 tracked by GlobalData were:

1) Jinshan (Hong Kong) International Mining’s $565.04m acquisition deal for 20% stake in Zhaojin Mining Industry

2) The $249.14m acquisition of 49% stake in Chongqing Iron & Steel (Group) by Sichuan Development Lomon

3) China National Building Material Investment’s $11.13m acquisition deal for 73.8% stake in Beijing New Building Materials (Tanzania)

4) The $9.61m acquisition of 30% stake in Luoyang Zijin Yinhui Gold Smelting by Zijin Mining Group

5) Lind Global Fund II and SBC Global Investment Fund’s $3.01m private equity deal with Australian Mines