How and Why the Current State of the Mining Market is Driving Industry Consolidation
2011 was a record year for merger, acquisition and divestiture activity in the global mining market. Despite volatility, concerns over resource nationalism and uncertain market conditions, 2012 is predicted to beat 2011. Commodities such as iron ore, coal and copper will continue to be a focus for M&A, with some going for gold.
Identifying the right prospects and targets is crucial to achieve growth and prevent bad business decisions. Conducting internal and external due-diligence is a lengthy and costly process and key to every business development and inorganic growth strategy. But where to start? What to look for? And once you identified your key criteria how do you measure potential prospects against them?
This recent interview with Andrew Graham, General Manager Mergers & Acquisitions, Minerals Resources Limited looks at the state of the current mining market and how M&A transactions are driving mining industry consolidation. Andrew speaks about the challenges of mining M&A and how to create successful acquisitions.
Read the transcript here and you can see Andrew present at Mergers and see him present at Mergers and Acquisitions in Mining, on 30 – 31, Surry Hills, Sydney.