Archives: Mining mergers and acquisitions

Vale last week signed a binding agreement with Manara Minerals, a joint venture between Ma’aden and Saudi Arabia’s Public Investment Fund, under which Manara Minerals will invest in Vale Base Metals Ltd (VBM), the holding entity for Vale’s energy transition metals business, at an implied enterprise value of US$26 billion. Concurrently, Vale and investment firm Engine[…]

Datamine has announced the acquisition of Sodep, a leader in the Brazilian fleet management market, as part of its plans to offer “one seamless package with a single source of customer support across the full value chain”, CEO Dylan Webb says. Founded in 2011, Sodep is the a provider of affordable fleet management systems for[…]

Metso says it has signed an agreement to acquire Brouwer Engineering, a privately-owned Australia-based company specialising in automation, control systems and electrical solutions for bulk material handling solutions. Combining Metso’s extensive experience in bulk material handling equipment and service offerings with Brouwer Engineering’s electrical and control system capabilities will further strengthen Metso’s position to provide[…]

A little over nine months after being acquired by Sandvik, Schenck Process Mining (SP Mining), the global mineral processing related business of the Schenck Process Group, is close to achieving what it says will be a significant milestone as part of its integration into the Sandvik Rock Processing Solutions Business Area. Each of Sandvik’s three[…]

Hexagon has agreed to acquire Canada-based tele-remote operations leader HARD-LINE, bringing into its offering all the elements it needs to compete in the autonomous haulage system (AHS) space. At HxGN LIVE Global 2023 in Las Vegas last month, Hexagon’s Mining division said it was enhancing its relationship with the company, building on a previous distribution[…]

Appian Capital Advisory LLP, the investment advisor to long-term value-focused private capital funds that invest in mining and mining-related companies, has acquired an 89.96% interest in the producing Rosh Pinah zinc mine, in the Kharas region in southern Namibia, from Trevali Mining Corporation. Rosh Pinah is an operating underground zinc-lead mine with a 2,000 t/d[…]

Grangex AB says it has entered into an exclusivity agreement with OMF Fund II H Ltd for the purposes of negotiating final definitive documentation in relation to the acquisition of 100% of the share capital and shareholder loans of Sydvaranger Mining AS from Orion for a total consideration of US$33 million. Sydvaranger Mining was acquired[…]

Imerys and British Lithium have formed a joint venture with the objective of creating the United Kingdom’s first integrated producer of battery-grade lithium carbonate. As part of the joint venture, Imerys will contribute its lithium mineral resources, land and infrastructure for an 80% stake, while British Lithium brings its bespoke lithium processing technology, its technical[…]

Metso says it has signed an agreement to acquire Ab A. Häggblom Oy, a privately-owned Finnish engineering and manufacturing company with a key offering that includes mining truck bodies and buckets. Häggblom’s service portfolio includes wear parts, truck body and bucket refurbishments, as well as related field services. It has partnered with Metso for several[…]

Perenti has entered into an agreement under which it will acquire 100% of the issued share capital of DDH1 Limited, a surface and underground mining contractor, subject to satisfaction of conditions. DDH1 brings significant capability across a range of specialised surface and underground drilling services that complement Perenti’s existing service offering, Perenti says. This will[…]