In the US mining industry, there were 34 M&A deals announced in Q2 2024, worth a total value of $322.1m, according to GlobalData’s Deals Database. The $160m acquisition of Standard Lithium by Equinor was the industry’s largest disclosed deal. GlobalData’s Mining Industry Mergers and Acquisitions Deals report for Q2 2024 helps discover the latest insights on Mining Industry M&A transactions. The report uncovers the analyzes the disruptive themes behind the most notable deals, and helps anticipate shifts in the industry landscape. Buy the report here.

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In value terms, M&A activity in the US decreased by 80% in Q2 2024 compared with the previous quarter’s total of $1.6bn and rose by 240% as compared to Q2 2023. Related deal volume decreased by 17% in Q2 2024 versus the previous quarter and was 8% lower than in Q2 2023.

The top-ranked financial advisors supporting these M&A deals in the US in H1 2024 were Canadian Imperial Bank of Commerce; Citigroup; Cohen with 1, 1, 1 deals respectively.

The top-ranked legal advisors supporting these M&A deals in the US in H1 2024 were Bennett Jones; Fasken Martineau DuMoulin; Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates with 2, 2, 2 deals respectively.

For further understanding of GlobalData's Mining Industry Mergers and Acquisitions Deals by Top Themes in Q2 2024 – Thematic Intelligence, buy the report here.

This content was updated on 26 July 2024

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.