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  1. Deals Analysis
August 25, 2022

Metals & Mining industry deals total $3.8bn globally in July 2022

By Carmen

Total Metals & mining industry deals worth $3.8bn were announced globally for July 2022, with the $986.35m acquisition of 19% stake in Yunnan Aluminium being the sector’s biggest investment, according to GlobalData’s deals database.

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The value marked an increase of 190.8% over the previous month of $1.31bn and a drop of 42.01% when compared with the last 12-month average of $6.57bn.

In terms of number of deals, the sector saw a drop of 30.36% with 39 deals in July 2022 when compared to the last 12-month average of 56 deals.

In value terms, Asia-Pacific led the activity with deals worth $2.18bn in July 2022.

Metals & mining industry deals in July 2022: Top deals

The top five deals accounted for 80.3% of the overall value during July 2022.

The combined value of the top five deals stood at $3.06bn, against the overall value of $3.8bn recorded for the month.

The top five Metals & mining industry deals of July 2022 tracked by GlobalData were:

1) Aluminumof China $986.35m acquisition deal for 19% stake in Yunnan Aluminium

2) The $962m acquisition of Lithea by Ganfeng Lithium

3) China Baowu Steel Group $629.57m acquisition deal for 51% stake in Xinyu Iron & Steel

4) The $332m acquisition of 73% stake in Igneo Technologies by Korea Zinc

5) International Royalty $154.54m acquisition deal with Great Bear Royalties

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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