Evaluation of the important thing themes driving M&A exercise reveals that batteries accounted for 8 mining offers introduced in Q1 2022, price a complete worth of $542.7m, in accordance with GlobalData’s Offers Database. The $8.8m acquisition of Qinghai Qaidam Xinghua Lithium Salt by Huizhou Yiwei Lithium Vitality was the business’s largest disclosed deal.
In worth phrases, batteries associated deal exercise elevated by 236% in Q1 2022 in contrast with the earlier quarter’s whole of $161.5m and rose by 13674% as in comparison with Q1 2021. Associated deal quantity elevated by 100% in Q1 2022 versus the earlier quarter and was 167% increased than in Q1 2021.
