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  1. Deals Analysis
July 25, 2022

Asia-Pacific’s metals & mining industry saw a rise of 23.81% in deal activity during June 2022

By Carmen

Asia-Pacific’s metals & mining industry saw a rise of 23.81% in deal activity during June 2022, when compared with the last 12-month average, led by Energy Investment(China)’s $73.97m acquisition of 52% stake in Inner Mongolia Datang International Zhungeer MiningLimited, according to GlobalData’s deals database.

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A total of 26 metals & mining industry deals worth $231m were announced for the region in June 2022, against the 12-month average of 21 deals.

Of all the deal types, M&A saw most activity in June 2022 with 24 transactions, representing a 92.3% share for the region.

In second place was private equity with one deals, followed by venture financing deals with one transactions, respectively capturing a 3.9% and 3.9% 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 $230.67m, followed by private equity deals totalled $0.28m.

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

The top five metals & mining deals accounted for 87% of the overall value during June 2022.

The combined value of the top five metals & mining deals stood at $200.94m, against the overall value of $231m recorded for the month.

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

1) Energy Investment(China) $73.97m acquisition deal for 52% stake in Inner Mongolia Datang International Zhungeer MiningLimited

2) The $52.6m acquisition of 8% stake in Vulcan Energy Resources by Stellantis

3) Divine Token $32.35m acquisition deal with Billions Steel International

4) The $23.39m acquisition of Springway Mining by India Cements

5) Sichuan New Energy Power $18.63m acquisition deal for 46.5% stake with Sichuan Energy Investment Dingsheng Lithium Technology

Related Companies

Verdict deals analysis methodology

This analysis considers only announced and completed 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.

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