The leading merger and acquisition (M&A) deal for battery minerals between 2023 and March 2024 was the acquisition of Volney Lithium Project by Lion Rock Resources. The deal was announced in January 2024 and had an approximate value of 475 million U.S. dollars.
Battery minerals refer to the minerals that are used in rechargeable batteries. They can include lithium, nickel, cobalt, graphite, manganese, alumina, tin, tantalum, vanadium, magnesium, and rare earth minerals, among others.
Leading battery minerals merger and acquisition deals worldwide from 2023 to March 2024, based on value
(in million U.S. dollars)
Target (acquirer, date announced)
Deal value in million U.S. dollars
Volney Lithium Project (Lion Rock Resources, January 2024)
475
Korea Zinc (HMG Global, August 2023)
401
Pilbara Minerals (AustralianSuper, November 2023)
366
Kemerton Lithium Hydroxide Plant - Mineral Resources (MARBL Lithium Joint Venture, July 2023)
304
Lithium Power International (Corporacion Nacional del Cobre de Chile, October 2023)
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Mining Technology. (May 14, 2024). Leading battery minerals merger and acquisition deals worldwide from 2023 to March 2024, based on value (in million U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1400635/leading-battery-minerals-merger-and-acquisition-deals-worldwide/
Mining Technology. "Leading battery minerals merger and acquisition deals worldwide from 2023 to March 2024, based on value (in million U.S. dollars)." Chart. May 14, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1400635/leading-battery-minerals-merger-and-acquisition-deals-worldwide/
Mining Technology. (2024). Leading battery minerals merger and acquisition deals worldwide from 2023 to March 2024, based on value (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1400635/leading-battery-minerals-merger-and-acquisition-deals-worldwide/
Mining Technology. "Leading Battery Minerals Merger and Acquisition Deals Worldwide from 2023 to March 2024, Based on Value (in Million U.S. Dollars)." Statista, Statista Inc., 14 May 2024, https://www.statista.com/statistics/1400635/leading-battery-minerals-merger-and-acquisition-deals-worldwide/
Mining Technology, Leading battery minerals merger and acquisition deals worldwide from 2023 to March 2024, based on value (in million U.S. dollars) Statista, https://www.statista.com/statistics/1400635/leading-battery-minerals-merger-and-acquisition-deals-worldwide/ (last visited December 21, 2024)
Leading battery minerals merger and acquisition deals worldwide from 2023 to March 2024, based on value (in million U.S. dollars) [Graph], Mining Technology, May 14, 2024. [Online]. Available: https://www.statista.com/statistics/1400635/leading-battery-minerals-merger-and-acquisition-deals-worldwide/
