TECHNOLOGY

Metal deals feel the heat of 2016

ANALYSTS are expecting a more positive outlook for the mining and metals industry, and expect access to capital to improve transaction activity this year, after an EY quarterly report showed global deal volumes dipped 9% year-on-year to $US44.3 billion ($A58.12b) in 2016 –the lowest level in 13 years.

Karma Barndon
EY global mining & metals transactions leader Lee Downham.

EY global mining & metals transactions leader Lee Downham.

On the up side, deal volume was up 33% in 2016, at 477 deals from 358 in 2015. According to EY’s report, Mergers, acquisitions and capital raising in the mining and metals sector, the market’s ongoing...

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