Total metals & mining industry M&A deals worth $6.2bn were announced in Asia-Pacific in Q3 2022, led by Aluminumof China’s $986.35m acquisition of 19% stake in Yunnan Aluminium, according to GlobalData’s deals database.
- Embed this chart
Embed this chart into your website
Copy and paste the image source into your website to display the chart.
The value marked a decrease of 9.9% over the previous quarter and a drop of 44.04% when compared with the last four-quarter average of $11.08bn.
Asia-Pacific held a 62.37% share of the global metals & mining industry M&A deal value that totalled $9.94bn in Q3 2022. With a 23.54% share and deals worth $2.34bn, China was the top country in Asia-Pacific’s M&A deal value across metals & mining industry.
In terms of deal activity, Asia-Pacific recorded 99 deals during Q3 2022, marking a decrease of 9.17% over the previous quarter and a drop of 9.79% over the last four-quarter average. Australia recorded 48 deals during the quarter.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
Asia-Pacific metals & mining industry M&A deals in Q3 2022: Top deals
The top five metals & mining industry M&A deals accounted for 49.1% of the overall value during Q3 2022.
The combined value of the top five M&A deals stood at $3.04bn, against the overall value of $6.2bn recorded for the quarter.
The top five metals & mining industry deals of Q3 2022 tracked by GlobalData were:
1) Aluminumof China’s $986.35m acquisition deal for 19% stake in Yunnan Aluminium
2) The $629.57m acquisition of 51% stake in Xinyu Iron & Steel by China Baowu Steel Group
3) The $501.77m merger deal with Tata Steel and Tata Steel Long Products
4) The $471m acquisition of PTT Mining by PT Astrindo Nusantara Infrastruktur
5) The $452.77m merger deal with Tata Steel and The Tinplateof India Limited