Mining
Anglo American/Teck Resources “in negotiations with authorities”, says source involved in SAMR review of the case
Mining companies Anglo American and Teck Resources are currently in discussions with the State Administration for Market Regulation (SAMR) to secure approval for their planned US$53bn merger, a source involved in the case told Equity […]
How a tightening regulatory environment amidst increasing geopolitical risk may have affected outcome of aborted Zijin Gold/Allied Gold merger
The proposed C$5.5bn (US$3.9bn) acquisition of Canadian gold miner Allied Gold by China’s Zijin Gold has been terminated amidst reported security concerns about the target’s mining operations in Mali by China’s National Development and Reform […]
SAMR likely to decide on Anglo American/Teck Resources merger within “one to two months,” says local antitrust source
China’s State Administration for Market Regulation (SAMR) is likely to issue a decision on the proposed US$53bn merger between mining companies Anglo American and Teck Resources within the next “one to two months”, Michael Gu, […]
Zijin/Allied Gold deal unlikely to face regulatory hurdles in Canada
China’s Zijin Gold’s C$5.5bn [US$4bn] cash acquisition of Canadian miner Allied Gold is unlikely to be subject to a national security review in Canada, as gold is not on the country’s critical minerals list and […]
Proposed Rio Tinto/Glencore tie-up unlikely to face major antitrust hurdles in Australia due to limited overlaps, according to local sources
A potential combination between mining giants Rio Tinto and Glencore is not expected to raise major antitrust concerns with the Australian Competition and Consumer Commission (ACCC), whose mandatory merger control regime officially came into force […]
Possible Rio Tinto/Glencore merger would be subject to regulatory scrutiny in China with focus on supply chain issues; local lawyers start working on the case
Chinese authorities would thoroughly investigate a potential tie-up between mining giants Rio Tinto and Glencore, with the outcome of the review depending on how the relevant markets will be defined and whether Chinese customers may […]
CMOC pursues African mining M&A amid increasing scrutiny of critical minerals deals
Chinese mining group CMOC is actively pursuing new M&A opportunities across Africa’s resource-rich market. In its interim results announcement, CMOC highlighted a focus on organic expansion and strategic acquisitions in resource-rich regions incl… To read […]
SAMR to focus on supply chain security in review of Anglo American/Teck Resources merger
China’s State Administration for Market Regulation (SAMR) will assess how the proposed US$53bn merger between mining players Anglo American and Teck Resources will affect supply chain security in its antitrust review of the case, Michael […]
Update to Canadian FDI screening guidelines to include economic security risk signals tightening of review process, but pragmatic approach expected
In a social media post on 5 March, Canada’s Minister of Finance François-Philippe Champagne, who was appointed to the role last week after previously holding the position of Minister of Innovation, Science and Industry (ISI), […]
Rio Tinto/Arcadium Lithium merger unlikely to raise major antitrust issues in China, according to Chinese competition lawyers
The planned US$6.7bn takeover of US-based Arcadium Lithium by British-Australian mining group Rio Tinto does not appear to raise significant competition concerns in China, in light of the fairly competitive nature of the lithium market, […]
