The hottest mining transaction is bleak. A large n
2022-10-15- Detail
Mining transactions are bleak, a large number of mines around the world are for sale without buyers
mining transactions are bleak, a large number of mines around the world are for sale without buyers
China Construction machinery information
it is reported in the United States that many miners around the world are looking for opportunities to sell their mines, but few buyers
according to Ernst & young, the number of mining M & A transactions fell for the fourth consecutive year in 2014, with a year-on-year decrease of 23% to 544, the lowest since 2003. In 2010, thanks to the soaring fuel prices in China, the global trading volume peaked at 1123. Ernst & Young said that to help people make better choices, the scale of mergers and acquisitions in the global mining industry fell by 18% in the first quarter of 2015 to $5.9 billion, compared with $7.2 billion in the same period last year
the dismal mining trading coincided with the trading price of iron ore, aluminum, copper and other bulk commodities falling near the six-year low. Other metals such as nickel and zinc were dragged down by sluggish demand
Dick Evans, chairman of Canlian aluminum, said that when the view about the bottoming of the commodity cycle becomes stronger, M & A transactions will rebound, and the recovery usually occurs after coming out of the bottom
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