Total metals & mining industry deals worth $4.2bn were announced globally for August 2021, with the $1.89bn acquisition of Shandong innovation metal technology being the sector’s biggest investment, according to GlobalData’s deals database.
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The value marked an increase of 71% over the previous month of $2.48bn and a rise of 8.7% when compared with the last 12-month average of $3.9bn.
In terms of number of deals, the sector saw a drop of 3.33% with 58 deals in August 2021 when compared to the last 12-month average of 60 deals.
In value terms, Asia-Pacific led the activity with deals worth $3.97bn in August 2021.
metals & mining industry deals in August 2021: Top deals
The top five deals accounted for 87.2% of the overall value during August 2021.
The combined value of the top five deals stood at $3.7bn, against the overall value of $4.2bn recorded for the month.
The top five metals & mining industry deals of August 2021 tracked by GlobalData were:
1) Beijing Hualian Hypermarket $1.89bn acquisition deal with Shandong innovation metal technology
2) The $1bn acquisition of 39.6% stake in Sino-Platinum Metals by Yunnan Investment Holding Group
3) Shandong Gold Mining (Laizhou) $404.17m acquisition deal with Shandong Dikuang Laijin Holdings
4) The $317.73m acquisition of 45% stake in Laizhou Hongsheng Mining Investment by Shandong Gold Mining (Laizhou)
5) Asante Gold $90m acquisition deal with Mensin Bibiani