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  1. Deals Analysis
February 17, 2021

Metals & Mining industry deals total $2.81bn globally in January 2021

Total metals & mining industry deals worth $2.81bn were announced globally for January 2021, with the $1.5bn acquisition of Mopani Copper Mines being the sector’s biggest investment, according to GlobalData’s deals database.

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The value marked a decrease of 52.05% over the previous month of $5.86bn and a drop of 40.8% when compared with the last 12-month average of $4.75bn.

In terms of number of deals, the sector saw a drop of 46.62% with 79 deals in January 2021 when compared to the last 12-month average of 148 deals.

In value terms, Middle East and Africa led the activity with deals worth $1.53bn in January 2021.

Metals & Mining industry deals in January 2021: Top deals

The top five deals accounted for 85.4% of the overall value during January 2021.

The combined value of the top five deals stood at $2.4bn, against the overall value of $2.81bn recorded for the month.

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

1) ZCCM Investments Holdings (Kitwe Office)’s $1.5bn acquisition of Mopani Copper Mines

2) The $370m acquisition of Kumas Manyezit Sanayi by Eregli Demir ve Celik Fabrikalari TAS

3) Agnico Eagle Mines’ $303.35m acquisition of TMAC Resources

4) The $116.86m acquisition deal of Guizhou Lufa Industrial by Anhui Sierte Fertilizer Industry

5) Eldorado Gold’s acquisition deal with QMX Gold for $111.79m.

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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