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  1. Deals Analysis
August 25, 2022

Metals & Mining industry M&A deals total $3.7bn globally in July 2022

By Carmen

Total Metals & mining industry M&A deals worth $3.7bn were announced globally in July 2022, led by Aluminumof China’s $986.35m acquisition of 19% stake in Yunnan Aluminium, according to GlobalData’s deals database.

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The value marked an increase of 297.02% over the previous month of $926.9m and a drop of 42.9% when compared with the last 12-month average, which stood at $6.44bn.

Comparing M&A deals value in different regions of the globe, Asia-Pacific held the top position, with total announced deals in the period worth $2.11bn. At the country level, the China topped the list in terms of deal value at $1.7bn.

In terms of volumes, North America emerged as the top region for Metals & mining industry M&A deals globally, followed by Asia-Pacific and then Europe.

The top country in terms of M&A deals activity in July 2022 was Canada with 11 deals, followed by the China with eight and the US with three.

In 2022, as of July, Metals & mining M&A deals worth $32.44bn were announced globally, marking an increase of 107.4% year on year.

Metals & mining industry M&A deals in July 2022: Top deals

The top five M&A deals accounted for 83.3% of the overall value during July 2022.

The combined value of the top five Metals & mining M&A deals stood at $3.06bn, against the overall value of $3.7bn recorded for the month.

The top five Metals & mining industry M&A 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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