M&A in the mining space is seeing a broader participant
group, thanks in part to the energy transition, according to
co-head of Torys' M&A practice Mike Amm.
Speaking with the Mining Journal, Mike said that
positioning for the energy transition theme has broadened the
universe of companies participating in M&A activity in the
mining space.
"The M&A participant is a broader group than
before," Mike said.
"There are still sector players getting together like
Livent and Allkem in the lithium space. The major miners are
bulking up in future-facing commodities, getting out of coal and
energy and into copper, nickel, cobalt and lithium.
"New entrants of the automotive and battery OEMs such as GM
looking at partnering in big projects such as Lithium Americas'
Thacker Pass, and Stellantis investing into McEwen
Copper."
