Mining M&A deals over $8.8 billion in Q2 – report
A total of $8.86 billion worth of M&A deals were struck in the metals and mining industry globally during the second quarter of 2020, according to the latest report from GlobalData.
This value represents an increase of 29.1% over the previous quarter and a decline of 14.4% when compared with the last four-quarter average, which stood at $10.35 billion.
Comparing deal values across different regions of the world, Asia-Pacific held the top position with total reported deals in the period worth $4.27 billion. At the country level, Canada topped the list with $2.92 billion worth of M&A deals announced.
In terms of volumes, North America emerged as the top region for M&A deals in the metals and mining industry, followed by Asia-Pacific and then Europe. The top country in terms of M&A deals activity in Q2 2020 was Canada with 151 deals, followed by Australia with 80 and the US with 42.
As of quarter-end, M&A deals totalling $17.16 billion in value were announced globally, marking a decrease of 39.6% year-on-year.
Q2 2020 top deals
The top five metals and mining M&A deals accounted for 59.2% of the overall value during Q2 2020. The combined value of these deals stood at $5.24 billion, against the overall value of $8.86 billion recorded for the period.
The top five metals and mining industry deals tracked by GlobalData were:
- Vedanta Resources’ $2.15 billion acquisition of Vedanta Ltd.
- The merger of Alacer Gold and SSR Mining for $1.78 billion
- Tibet Zijin Industrial’s $548 million acquisition of Tibet Julong Copper Industry
- The $460 million asset transaction with Blackstone Tactical Opportunities Fund, Lundin Gold and Orion Resource Partners (USA) by Newcrest Mining
- Tronox’s asset transaction with Eramet for $300 million.
Crushers are basically the machines meant to reduce large-sized materials into smaller sizes effectively. Crushers are actually the machines designed specifically for breaking ores and stones’ large lumps to the reduced material sizes to make these more usable in industrial or construction and even valuable minerals extraction that are trapped within an ore.
However, as with any other machinery, parts of crushers can also expire after some time, and replacing them becomes essential. So, in such a case, you need to have crusher wear parts that you can install to ensure the proper and optimized working of your crushers.
Know more about crusher wear parts
Selecting optimal and reliable crushing wear parts is essential to ensure an excellent working experience with your crushers. Despite your crusher type, you can find tons of crusher wear parts that can be installed to ensure higher performance and durability with ease.
However, when it is about investing in crusher wear parts, then it is highly important to consider the wear parts that can ensure peak performance of your crusher. Here you can find the best quality and reliable crusher wear parts that are meant to fit and function with your crusher in the best possible way.
Common uses you need to know
As crushers are being used in multiple industries ranging from construction to industrial use and mining, therefore, you can easily get wear parts for any of your required crusher types.
Whether you have a crusher one-year-old or 10 years old, you can find the exact wear parts that can fit in your crusher in the best possible way.
Key benefits to consider
Do you want to know why investing in quality crusher wear parts is essential for you? Let’s have a look at key benefits given below to get a better idea about the things in this regard:
- Finding an amazing variety of crusher wear parts would become easier for you because of the available wear parts variety here.
- These quality wear parts are engineered by experienced and qualified engineers. So that you can expect to experience maximize the span life of crusher parts along with minimized purchase cost.
- Precisely designed crusher wear parts along with the use of high-quality materials can offer you higher cost performance as compared to other crusher wear parts.
- These wear parts come up with strict tolerance and standards applicable to ensure reliability, durability, and safety.
Invest in wear parts from a trustworthy crusher wear parts manufacturer
Thinking long-term and investing in the wear parts from the best crusher wear parts manufacturer is something you need to consider a while, getting your required crusher wear parts. We are known to be the best crusher wear parts manufacturer in the region. We are industry leaders in manufacturing high-quality crusher wear parts that are best known for their reliability and durability.
@Nick Sun NICK@XZHUAGANG.COM
Post time: Aug-14-2020