Metals & Mining industry M&A deals activity in Asia-Pacific in April 2021
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Metals & Mining industry M&A deals total $2.2bn in Asia-Pacific in April 2021

28 May 2021 (Last Updated May 28th, 2021 21:02)

Total metals & mining industry M&A deals worth $2.2bn were announced in Asia-Pacific in April 2021, led by BlackGold Natural Resources’ $742.46m acquisition of Tengri Coal and Energy, according to GlobalData’s deals database.

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The value marked an increase of 814.6% over the previous month of $238.35m and a rise of 46.3% when compared with the last 12-month average of $1.49bn.

Asia-Pacific held a 67.28% share of the global metals & mining industry M&A deal value that totalled $3.24bn in April 2021. With a 23.68% share and deals worth $767.26m, Australia was the top country in Asia-Pacific’s M&A deal value across metals & mining industry.

In terms of M&A deal activity, Asia-Pacific recorded 29 deals during April 2021, marking a decrease of 12.12% over the previous month and a drop of 32.56% over the 12-month average. Australia recorded 17 deals during the month.

Asia-Pacific metals & mining industry M&A deals in April 2021: Top deals

The top five metals & mining industry M&A deals accounted for 95.5% of the overall value during April 2021.

The combined value of the top five metals & mining deals stood at $2.08bn, against the overall value of $2.2bn recorded for the month.

The top five metals & mining industry M&A deals of April 2021 tracked by GlobalData were:

1) BlackGold Natural Resources’ $742.46m acquisition of Tengri Coal and Energy

2) The $688.18m asset transaction for 30% stake with IGO by Regis Resources

3) China General Nuclear Power’s $435m acquisition of 49% stake in Ortalyk

4) The $137.5m asset transaction with China Molybdenum by Contemporary Amperex Technology

5) Code Chain New Continent’s acquisition of Doo for $79.8m.

Visit our ‘Mining Deals Dashboard’ for the latest trends in M&A, PE, and VC activity, top deals and advisory league tables in the mining industry.