Energy & Critical Metals
M&A Activity Related to Batteries Increased by 100% in the Mining Industry in Q1 2022
Analysis of the key themes driving M&A activity reveals that batteries accounted for 8 mining deals announced in Q1 2022,…
The post Who’s acquiring…
Analysis of the key themes driving M&A activity reveals that #batteries accounted for 8 #mining deals announced in Q1 2022, worth a total value of $542.7m, according to GlobalData’s Deals Database. The $8.8m acquisition of Qinghai Qaidam Xinghua Lithium Salt by Huizhou Yiwei Lithium Energy was the industry’s largest disclosed deal.
In value terms, batteries related deal activity increased by 236% in Q1 2022 compared with the previous quarter’s total of $161.5m and rose by 13674% as compared to Q1 2021. Related deal volume increased by 100% in Q1 2022 versus the previous quarter and was 167% higher than in Q1 2021.
| Target | Acquirer | Deal Value ($M) | Deal Date |
|---|---|---|---|
| Qinghai Dongtai Jinel Lithium Resources | Undisclosed | $529M | Feb-22 |
| Eramet – Nickel-Processing Facility | Sibanye Stillwater | $96M | Nov-21 |
| Essential Metals Limited & International Lithium Corp – Mavis Lake Lithium Project | Critical Resources | $65M | Oct-21 |
| MetalsTech Limited – Lithium Assets | Lithium Royalty | $18M | May-21 |
| Nickel and Cobalt Smelter | LG Chem | $11M | Jun-21 |
To further understand the key themes and technologies driving deal activity in the mining industry, access GlobalData’s latest thematic research reports.
The post Who’s acquiring who? M&A activity related to batteries increased by 100% in the mining industry in Q1 2022 appeared first on Mining Technology.
Uranium Exploration Company Announces Additional Staking in the Athabasca Basin
Source: Streetwise Reports 12/22/2023
Skyharbour Resources Ltd. announced an update from its Canada-based Falcon Project along with additional…
Tesla Launches New Mega Factory Project In Shanghai, Designed To Manufacture 10,000 Megapacks Per Year
Tesla Launches New Mega Factory Project In Shanghai, Designed To Manufacture 10,000 Megapacks Per Year
Tesla has launched a new mega factory…
Giving thanks and taking stock after “a remarkable year”
An end-of-year thank you to our readers, industry colleagues and advertisers before Electric Autonomy breaks from publishing until Jan. 2
The post Giving…
