Top 10 Financial Advisors in Mining Industry in the World in 2021 by Deal Volume

Bank of Montreal, Canaccord Genuity Group Inc, Citigroup Inc, Haywood Securities Inc, and The Goldman Sachs Group Inc are among the top 5 financial advisors in the mining industry in 2021 by deal volume. In terms of the geographic split, 9 out of 10 of the world’s top 10 financial advisors in the mining industry are headquartered in North America, whereas the remaining 1 is based in Asia. They employed a total of 762,227 people in 2021. Huayou International-Prospect Lithium deal was one of the major deals in the mining sector in 2021. Azure Capital served as a financial advisor to Prospect Minerals, while Canaccord Genuity acted as a legal advisor to Huayou. Huayou International Mining (Hong Kong) Limited, a Hong Kong-based wholly-owned subsidiary of Zhejiang Huayou Cobalt Co., a China-based producer, and seller of cobalt chemicals, has acquired an 87% stake in Prospect Lithium Zimbabwe (Pvt) Limited, an owner of the Arcadia Lithium Project (Arcadia) in Zimbabwe, from Prospect Minerals Pte Ltd, Kingston Kajese and Tamari Trust, for cash consideration of $377.8 million. The deal was completed in Q2 2022. The Ardagh-Consol deal was another major deal in the mining sector in 2021. Citigroup is acting as the exclusive financial adviser to Ardagh, while Barclays is acting as the exclusive financial adviser to Consol. Ardagh Group SA, a Luxembourg-based provider of packaging solutions, has acquired Consol Holdings Ltd (Consol Holdings Proprietary Limited), a South Africa-based producer of glass packaging on the African continent, for a consideration of $1 billion. Ardagh offers tinplate and aluminum packaging products that include two- and three-piece cans offered in different shapes, sizes, graphic designs, and peelable ends. These products find applications in food and beverage, pharmaceuticals, personal care, household, paints, and industrial coatings markets. The deal was completed in Q2 2022.