Metals and mining M&A up in February relative to January

Research and consultancy company GlobalData has reported that mergers and acquisition (M&A) activity in the global mining and metals sector during February was, in value, higher than in January, but still substantially lower than the average figure for the previous 12 months. It was also very far below the level of February 2019. In monetary terms, the deals announced in February were worth $1.26-billion. This was 18.4% higher than the value for such deals in January, but 61.7% below the average value for the last 12 months, which came to $3.29-billion.