Total metals & mining industry M&A deals worth $1.9bn were announced globally in October 2021, led by Zijin Mining Group’s $763.83m acquisition of Neo Lithium, according to GlobalData’s deals database.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all
  • 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 45.1% over the previous month of $3.48bn and a drop of 46.9% when compared with the last 12-month average, which stood at $3.6bn.

Comparing M&A deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $924.7m. At the country level, the Canada topped the list in terms of deal value at $911.32m.

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 South and Central America.

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.

Company Profile – free sample

Thank you!

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 form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The top country in terms of M&A deals activity in October 2021 was Canada with seven deals, followed by the China with six and the US with four.

In 2021, as of October, metals & mining M&A deals worth $25.66bn were announced globally, marking an increase of 28.5% year on year.

metals & mining industry M&A deals in October 2021: Top deals

The top five M&A deals accounted for 92.4% of the overall value during October 2021.

The combined value of the top five metals & mining M&A deals stood at $1.77bn, against the overall value of $1.9bn recorded for the month.

The top five metals & mining industry M&A deals of October 2021 tracked by GlobalData were:

1) Zijin Mining Group $763.83m acquisition deal with Neo Lithium

2) The $571.59m acquisition of Anhui Dahua Dongfang MiningLimited and Anhui Sanli MiningLimited by Flat Glass Group

3) China Coal Pingshuo GroupLimited $220.63m acquisition deal with Pingshuo Industrial Group

4) The $145.62m acquisition of Fiore Gold by Calibre Mining

5) Pallinghurst Nickel International $64.82m acquisition deal with Talon Metals