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  1. Deals Analysis
May 28, 2021

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

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.

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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