Deals
Deal activity by volume related to artificial intelligence decreased by 7% year-on-year in 2022 in the mining industry
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Analysis of the key themes driving deal activity reveals that artificial intelligence accounted for 71 mining deals between 2018 and 2022, worth a total value of $8,882m, according to GlobalData’s Deals database covering mergers and acquisitions, private equity, venture financing, equity offerings and partnerships.
The $193m venture financing issue by KoBold Metals was the largest disclosed deal in 2022, while the $121m acquisition of Motion Metrics International by The Weir Group was the largest disclosed deal in 2021.
In volume terms, artificial intelligence related deal activity decreased by 7% year-on-year in 2022 and increased by 50% year-on-year in 2021.
Deal activity related to artificial intelligence in the global mining industry in the last five years
Top deals related to artificial intelligence in the mining industry in the last five years
Deal volume by deal type for artificial intelligence related deals in the mining industry in the last five years
Acquisitions, equity offerings and venture financing accounted for the highest number of deals in the last five years, with 17 deals each, followed by partnerships (13 deals), and asset transactions (4 deals).
Top financial advisors for artificial intelligence related deals by value in the mining industry in the last five years
The top financial advisors supporting deals related to artificial intelligence in the mining industry in the last five years in terms of value were Barclays Wealth Management, Canadian Imperial Bank of Commerce, M. Klein, Morgan Stanley, and Arpwood Capital.
Top legal advisors for artificial intelligence related deals by value in the mining industry in the last five years
The top legal advisors supporting deals related to artificial intelligence in the mining industry in the last five years in terms of value were Borden Ladner Gervais, Carey Olsen, Cravath, Swaine & Moore, Davies Ward Phillips & Vineberg, and Freshfields Bruckhaus Deringer.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Deals database provides comprehensive coverage across industries tracking market activity of global mergers & acquisitions, including asset acquisitions/divestments; private equity deals (PE); venture finance deals (VC); equity offerings, including IPOs, follow-on offerings, and private placements; debt offerings, including private placements, ESG bonds and loans; partnerships; and licensing agreements.
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumored deals.
