The hottest mining transaction is bleak. A large n
2022-08-13- 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
on May 29, Wall Street said that some senior bankers engaged in mining transactions said that they were going through the longest period of trading gloom in their careers. The reasons for this situation are: the sharp decline in commodity prices without signs of recovery, the poor quality of mining assets under sale, and mining giants such as BHP Billiton and Rio Tinto mining group are currently focusing on shareholder returns rather than on mergers and acquisitions
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 impact strength of components made of tepex Dynalite materials at room temperature increased by 8 to 9 times, the lowest since 2003. In 2010, the government had to benefit from the soaring fuel prices in China. In that year, the global trading volume reached its peak, with 1123 transactions completed. Ernst & Young said that the scale of mergers and acquisitions in the global mining industry fell by 18% to US $5.9 billion in the first quarter of 2015, compared with us $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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