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Value of Aus mining, metal M&A deals down 73% y/y

Although mining and metal deal volumes in Australia rose by 41% year-on-year in 2016, the value of these deals fell by 73%, new research by advisory firm EY has revealed.

Australian mining and metal deal value fell to $3.5-billion in 2016, EY’s quarterly ‘Mergers, Acquisitions and Capital Raising in the Mining and Metals Sector’ report found.