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.