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Metals/Mining
Who acquires Metals/Mining companies
149 distinct acquirers across 191 recorded transactions, 2014 to 2026. Every buyer below has completed at least one acquisition in this sector.
191
Transactions
2014 to 2026
149
Named acquirers
distinct buyers
8.1x
Median EV/EBITDA
from 11 disclosed
$82m
Median deal size
enterprise value
Most active acquirers
Ranked by number of acquisitions recorded in this sector. A buyer that has done this more than once has a thesis, and a thesis is what makes an approach worth making.
- Coeur Mining7 deals
- Nucor7 deals
- Agnico Eagle6 deals
- SSR Mining4 deals
- USA Rare Earth3 deals
- Russel Metals3 deals
- U.S. Silica3 deals
- Goldcorp3 deals
Recorded transactions
| Target | Acquirer | Date | Value | EV/EBITDA | EV/Revenue |
|---|---|---|---|---|---|
| SVRE Holdings Ltd. | USA Rare Earth | 2026-09-03 | $0k | 0.0x | 0.0x |
| Australian Strategic Materials Limited | Energy Fuels Inc. | 2026-08-28 | $243m | 0.0x | 0.0x |
| Texas Mineral Resources Corp. | USA Rare Earth | 2026-08-07 | $0k | 0.0x | 0.0x |
| Gold Resource Corporation | Goldgroup Mining Inc. | 2026-07-17 | $0k | 0.0x | 0.0x |
| Alacer Gold Madencilik A.Ş. | Cengiz Holding A.Ş. | 2026-06-24 | $1.5bn | 0.0x | 0.0x |
| Dolly Varden Silver Corporation | Contango Silver & Gold Inc. | 2026-03-26 | $0k | 0.0x | 0.0x |
| Hecla Quebec Inc. | Orezone Gold Corporation | 2026-03-25 | $0k | 0.0x | 0.0x |
| New Gold Inc. | Coeur Mining | 2026-03-20 | $0k | 0.0x | 0.0x |
| US Salt Parent Holdings | ContextLogic Holdings Inc. | 2026-02-26 | $908m | 0.0x | 0.0x |
| Olympic Steel | Ryerson Holding Corporation | 2026-02-13 | $0k | 0.0x | 0.0x |
| FEA Materials LLC | NioCorp Developments Ltd. | 2025-12-04 | $8m | 0.0x | 0.0x |
| Indian Ocean Rare Metals Pte Ltd | USA Rare Earth | 2025-11-18 | $0k | 0.0x | 0.0x |
| Augusta Gold Corp. | AngloGold Ashanti plc | 2025-10-23 | $0k | 0.0x | 0.0x |
| Sandstorm Gold Ltd. | Royal Gold | 2025-10-20 | $0k | 0.0x | 0.0x |
| Piedmont Lithium Inc. | Sayona Mining Limited | 2025-08-29 | $0k | 0.0x | 0.0x |
| Flame Aggregator | SunCoke Energy | 2025-08-01 | $325m | 0.0x | 0.0x |
| Pioneer Power | Limbach Facility Services | 2025-07-01 | $66m | 0.0x | 0.0x |
| American Stainless Tubing | Triple-S Steel Holdings | 2025-06-30 | $16m | 0.0x | 0.0x |
| Ascent Tubular Products | First Tube | 2025-06-30 | $16m | 0.0x | 0.0x |
| United States Steel Corporation | Nippon Steel Corporation | 2025-06-18 | $0k | 0.0x | 0.0x |
| Accu-Fab | MEC | 2025-05-27 | $141m | 0.0x | 0.0x |
| Summit Coal | Valory Resources | 2025-04-29 | $14m | 0.0x | 0.0x |
| Metal Technology | Karman Space & Defense | 2025-04-04 | $90m | 0.0x | 0.0x |
| Radius Recycling | Toyota Tsusho America | 2025-03-13 | $907m | 63.8x | 0.3x |
| Arcadium Lithium plc | Rio Tinto Western Holdings Limited | 2025-03-06 | $0k | 0.0x | 0.0x |
| KM Aluminum | Marumae | 2025-03-04 | $74m | 0.0x | 0.0x |
| Bekaert - Steel Wire Solutions Businesses | AG | 2025-02-28 | $73m | 0.0x | 0.0x |
| Cripple Creek & Victor gold mine | SSR Mining Inc. | 2025-02-28 | $100m | 0.0x | 0.0x |
| Cripple Creek & Victor Gold Mining | SSR Mining | 2025-02-28 | $100m | 0.0x | 0.0x |
| SilverCrest Metals Inc. | Coeur Mining | 2025-02-14 | $0k | 0.0x | 0.0x |
| UMECC | Advantage Capital Partners (PE) | 2025-01-27 | $3m | 0.0x | 0.0x |
| Universal Stainless & Alloy Products | Aperam S.A. | 2025-01-23 | $0k | 0.0x | 0.0x |
| Gatos Silver | First Majestic Silver Corp. | 2025-01-16 | $0k | 0.0x | 0.0x |
| Arch Resources | CONSOL Energy Inc. | 2025-01-14 | $0k | 0.0x | 0.0x |
| O3 Mining | Agnico Eagle | 2024-12-12 | $155m | 0.0x | 0.0x |
| Newmont - Éléonore Operation | Dhilmar | 2024-11-25 | $795m | 0.0x | 0.0x |
| Newmont Mining - Musselwhite Operation | Orla Mining | 2024-11-20 | $850m | 0.0x | 0.0x |
| Newmont Mining - Musselwhite Operation | Undisclosed | 2024-11-18 | $850m | 0.0x | 0.0x |
| Tampa Bay Steel | Russel Metals | 2024-11-12 | $80m | 0.0x | 0.0x |
| Universal Stainless | Aperam SA | 2024-10-17 | $539m | 11.0x | 1.9x |
| Blackwolf Copper and Gold | Treasury Metals | 2024-07-03 | $18m | 0.0x | 0.0x |
| La Arena | Jinteng (Singapore) Mining | 2024-05-01 | $245m | 0.0x | 0.0x |
| Adventus Mining | Silvercorp | 2024-04-26 | $152m | 0.0x | 0.0x |
| Base Resources | Energy Fuels | 2024-04-22 | $267m | 3.7x | 1.7x |
| Nehring Electrical Works | Mueller Industries | 2024-04-22 | $575m | 0.0x | 0.0x |
| Timberline | McEwen Mining | 2024-04-16 | $19m | 0.0x | 9.4x |
| Southwest Data Products | Nucor | 2024-04-01 | $115m | 0.0x | 0.0x |
| Osino | Yintai Gold | 2024-02-25 | $280m | 0.0x | 0.0x |
| Haynes International | Acerinox | 2024-02-05 | $970m | 12.4x | 1.6x |
| Samuel - Western Canadian and U.S. carbon plate Service Center operations | Russel Metals | 2023-12-04 | $225m | 0.0x | 0.0x |
| Eramet Titanium & Iron | INEOS Enterprises Ltd. | 2023-09-21 | $245m | 0.0x | 0.0x |
| Nova Royalty | Metalla Royalty & Streaming | 2023-09-08 | $144m | 0.0x | 0.0x |
| Rockcliff Metals | HudBay | 2023-06-19 | $13m | 0.0x | 0.0x |
| Prairie Lithium | Arizona Lithium | 2022-12-20 | $54m | 0.0x | 0.0x |
| Buy Gold and Silver Coins | JM Bullion | 2022-10-25 | $5m | 0.0x | 0.0x |
| Barrick Gold - Royalty Portfolio | Undisclosed | 2022-09-02 | $60m | 0.0x | 0.0x |
| Barrick Gold - Royalty Portfolio | Maverix Metals | 2022-09-01 | $60m | 0.0x | 0.0x |
| Maben Coal | Ramaco Resources | 2022-08-08 | $30m | 0.0x | 0.0x |
| Bilboes | Caledonia Mining | 2022-07-21 | $53m | 0.0x | 0.0x |
| Blue Gold International | Hawkeye Systems | 2022-07-06 | $250m | 0.0x | 0.0x |
| TCM | Osisko | 2022-05-30 | $20m | 0.0x | 0.0x |
| Oklo Resources | B2Gold | 2022-05-26 | $65m | 0.0x | 0.0x |
| Elite Storage Solutions | Nucor | 2022-04-05 | $75m | 0.0x | 0.0x |
| Kinross Gold - Russian assets | Highland Gold Mining | 2022-04-05 | $680m | 0.0x | 0.0x |
| QuestEx | Skeena | 2022-03-30 | $37m | 0.0x | 0.0x |
| Gaspe Copper Mine | Osisko Metals | 2022-03-28 | $25m | 0.0x | 0.0x |
| Rincon Lithium Project | Rio Tinto | 2022-03-28 | $825m | 0.0x | 0.0x |
| Gemfield Resources | Centerra Gold | 2022-02-22 | $207m | 0.0x | 0.0x |
| Fiore Gold | Calibre Mining | 2022-01-12 | $8m | 0.3x | 0.1x |
| Taiga Gold | SSR Mining | 2021-12-02 | $21m | 0.0x | 0.0x |
| Amarillo | Hochschild Mining | 2021-11-29 | $125m | 0.0x | 0.0x |
| Ermazone | Elcora Advanced Materials | 2021-11-24 | $5m | 0.0x | 0.0x |
| Millennial Lithium | Lithium Americas | 2021-11-17 | $400m | 0.0x | 0.0x |
| Boyd Metals | Russel Metals | 2021-11-04 | $110m | 2.8x | 0.5x |
| Golden Star | Chifeng Jilong Gold Mining | 2021-11-01 | $470m | 4.5x | 1.7x |
| HCS-Electronic Materials | Materion | 2021-09-20 | $380m | 13.1x | 2.6x |
| Candelaria | Agnico Eagle | 2021-09-01 | $6m | 0.0x | 0.0x |
| Yara International - Salitre phosphate mining project | EuroChem Group AG | 2021-08-01 | $410m | 0.0x | 0.0x |
| The Chemours Company - Mining Solutions Business | Draslovka | 2021-07-26 | $520m | 0.0x | 0.0x |
| Hannibal Industries | Nucor | 2021-07-20 | $370m | 0.0x | 0.0x |
| TimkenSteel (Shanghai) Corp. Ltd. | Daido Steel | 2021-04-26 | $7m | 0.0x | 0.0x |
| Osgood Mining Co. | i-80 | 2021-04-15 | $50m | 0.0x | 0.0x |
| TMAC Resources | Agnico Eagle | 2021-01-05 | $287m | 3.3x | 1.2x |
| Commonwealth Rolled Products | American Industrial Partners (PE) | 2020-12-01 | $171m | 0.0x | 0.0x |
| Alcoa Warrick LLC | Kaiser Aluminum | 2020-11-30 | $670m | 0.0x | 0.0x |
| Peak Gold Project | Kinross | 2020-09-30 | $94m | 0.0x | 0.0x |
| Morila | Mali Lithium Ltd. | 2020-08-31 | $22m | 0.0x | 0.0x |
| Guyana Goldfields | Zijin Mining | 2020-06-15 | $246m | 32.3x | 1.9x |
| Eramet SA - TiZir Titanium & Iron (TTI) Business | Tronox | 2020-05-14 | $300m | 0.0x | 0.0x |
| Mercator Gold Australia Pty Ltd. - Timor Project | Fosterville South Exploration | 2020-04-20 | $2m | 0.0x | 0.0x |
| Rupert Resources Ltd. | Agnico Eagle | 2020-02-10 | $13m | 0.0x | 0.0x |
| IKG | KPS Capital Partners (PE) | 2020-01-10 | $85m | 0.0x | 0.0x |
| Bralorne Gold Mines Ltd. | Talisker Resources Ltd. | 2019-12-16 | $7m | 0.0x | 0.0x |
| Metalex | UPG Enterprises LLC | 2019-12-13 | $5m | 0.0x | 0.1x |
| VDM Metals Holding GmbH | Acerinox | 2019-11-07 | $600m | 0.0x | 0.0x |
| North American Palladium Inc. | Impala Platinum | 2019-10-07 | $570m | 0.0x | 0.0x |
| Karmin Exploration | Nexa | 2019-08-26 | $70m | 0.0x | 0.0x |
| Golden Minerals Co. - Mexican Properties | Autlan | 2019-06-27 | $22m | 0.0x | 0.0x |
| Wing Resources LLC - Permian Basin Oil & Gas Mineral Interests | Alliance Resource Partners | 2019-06-24 | $145m | 0.0x | 0.0x |
| Capstone Mining Corp. - Minto Mine | Pembridge Resources | 2019-06-04 | $20m | 0.0x | 0.0x |
| LCR Group Pty Ltd. (LCR) | Qube | 2019-05-10 | $96m | 0.0x | 0.0x |
| Core Gold | Titan Minerals Ltd. | 2019-02-24 | $55m | 0.0x | 2.2x |
| Tahoe Resources | Pan American Silver | 2019-02-22 | $275m | 0.0x | 0.0x |
| Seguela Gold Project | Roxgold | 2019-02-11 | $20m | 0.0x | 0.0x |
| Mason Resources Corp. | HudBay | 2018-10-31 | $31m | 0.0x | 0.0x |
| HMG Made to Last Pty Ltd. | Sime Darby | 2018-10-30 | $41m | 0.0x | 0.0x |
| Yamana Gold | Mineros S.A. | 2018-10-25 | $30m | 0.0x | 0.0x |
| Alio Gold | Coeur Mining | 2018-10-16 | $19m | 0.0x | 0.0x |
| Aecon Group | North American Construction | 2018-10-03 | $199m | 0.0x | 0.0x |
| Northern Empire Resources Corp. | Coeur Mining | 2018-08-02 | $90m | 0.0x | 0.0x |
| Mondo Minerals B.V. | Elementis | 2018-06-29 | $600m | 0.0x | 0.0x |
| BHP Billiton - Cerro Colorado | EMR Capital (PE) | 2018-06-19 | $320m | 0.0x | 0.0x |
| Atlas | Hancock Prospecting Pty Ltd. | 2018-06-18 | $336m | 0.0x | 0.0x |
| Metanor Resources | BonTerra Resources | 2018-06-18 | $59m | 0.0x | 2.6x |
| EP Minerals LLC | U.S. Silica | 2018-03-23 | $750m | 0.0x | 0.0x |
| Klondex Mines Ltd. | Hecla Mining | 2018-03-19 | $462m | 0.0x | 0.0x |
| U.S. Silica Holdings - Transload Assets | CIG Logistics LP | 2018-03-19 | $75m | 0.0x | 0.0x |
| US Cobalt | First Cobalt | 2018-03-14 | $114m | 0.0x | 0.0x |
| Metamin US | enCore Energy Corp. | 2018-02-08 | $55m | 0.0x | 0.0x |
| Primero Mining Corp. | First Majestic | 2018-01-12 | $320m | 0.0x | 0.0x |
| Lishui Xincai Industrial Co. | Tantech Holdings | 2018-01-10 | $18m | 0.0x | 0.0x |
| AuRico Metals | Centerra Gold | 2018-01-08 | $236m | 0.0x | 0.0x |
| Arch | Monarch Alternative Capital LP (PE) | 2017-12-11 | $415m | 0.0x | 0.0x |
| JDS Silver | Coeur Mining | 2017-09-11 | $200m | 0.0x | 0.0x |
| Mississippi Sand LLC | U.S. Silica | 2017-08-16 | $95m | 0.0x | 0.0x |
| Goldline LLC | A-Mark | 2017-08-14 | $6m | 0.0x | 0.0x |
| Integra Gold Corp. | Eldorado Gold | 2017-05-15 | $448m | 0.0x | 0.0x |
| Tata Steel - Speciality Steels Business | Liberty House Ltd. | 2017-05-02 | $154m | 0.0x | 0.0x |
| Exeter Resource Corp. | Goldcorp | 2017-03-28 | $188m | 0.0x | 0.0x |
| Rose - SDA Mill | Magellan Gold | 2017-03-06 | $2m | 0.0x | 0.0x |
| Puris LLC | Carpenter Technology | 2017-02-02 | $35m | 0.0x | 0.0x |
| New Castle Stainless Plate | D'Orazio Holdings (PE) | 2017-01-25 | $32m | 0.0x | 0.0x |
| Coeur Mining | Pan American Silver | 2017-01-17 | $15m | 0.0x | 0.0x |
| Goldcorp | Leagold Mining Corp. | 2017-01-12 | $438m | 0.0x | 0.0x |
| Goldcorp | Bluestone Resources | 2017-01-11 | $18m | 0.0x | 0.0x |
| Planta Metalurgica Antay Pacha S.A. | China Natural Resources | 2016-12-23 | $2m | 0.0x | 0.0x |
| Kiska Metals Corp. | AuRico Metals | 2016-12-22 | $7m | 0.0x | 0.1x |
| Southland Tube | Nucor | 2016-12-06 | $130m | 0.0x | 0.0x |
| Heraeus Holding GmbH - Target Materials Business | Materion | 2016-12-05 | $30m | 0.0x | 0.5x |
| AQM Copper | Teck Resources | 2016-11-21 | $27m | 0.0x | 0.0x |
| Matrix Metals International Pty Ltd. | Alloy Steel International | 2016-11-21 | $6m | 0.0x | 0.0x |
| Walker Forge | Bharat Forge | 2016-11-18 | $14m | 0.0x | 0.5x |
| Peabody Energy Corp. - Metropolitan Mine | South32 | 2016-11-03 | $200m | 0.0x | 0.0x |
| ASW Steel | Ampco-Pittsburgh | 2016-11-01 | $10m | 0.0x | 0.2x |
| Independence Tube Corp. | Nucor | 2016-09-19 | $435m | 0.0x | 0.0x |
| Joy Global | Nucor | 2016-07-20 | $29m | 0.0x | 0.0x |
| NBR Sand LLC | U.S. Silica | 2016-07-18 | $210m | 0.0x | 0.0x |
| Vulcan Threaded Products | Steel Dynamics | 2016-06-30 | $126m | 0.0x | 0.0x |
| Homestake Resource Corp. | Fury Gold Mines | 2016-06-13 | $9m | 0.0x | 0.0x |
| Cambridge International | Zurn Elkay Water Solutions | 2016-05-18 | $210m | 0.0x | 0.0x |
The 150 most recent of 191 recorded transactions in this sector. n/d means not disclosed. Most transactions close without a published multiple, which is why the disclosed count matters more than the median.
See all 191 Metals/Mining transactions
Who owns Materials & Chemicals companies
On PEStore, Metals/Mining sits within Materials & Chemicals. PEStore profiles the private equity firms and serial acquirers active there: what they own, how long they have held it, and every deal on record. Underlined acquirers above link to their profiles.
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