WEEKLY UPDATE

Key transactions
&
industry news

RJM's weekly update covers key events in infrastructure, metals and mining, chemicals, energy, transportation and logistics, building materials, manufacturing, and other industrial sectors we serve. Read each week to stay informed.

05/02/2025

Australia's Alkane Resources (ASX: ALK) will acquire Canada's Mandalay Resources Corporation (TSX: MND) in an all-share deal valued at $357.8M, creating a combined diversified gold and antimony producer.

Alcoa under review – power outage, and delayed refinery restart cloud Q3 outlook, despite steady Q2 orders.

—Plus 14 major M&A deals
and top news stories.
04/25/2025

Sierra Metals Inc., Alpayana S.A.C. and Alpayana Canada Ltd. jointly announce that they have reached an agreement in principle for an all-cash, board supported take-over bid under which Alpayana Canada will make an offer to acquire all of the common shares of the Company for cash consideration of CDN $1.15 per Common Share.

Hindalco enters EV space, powers Mahindra with 10K aluminium battery enclosures and unveils a dedicated battery plant.

—Plus 15 major M&A deals
and top news stories.
04/18/2025

Bergman & Beving, a Swedish publicly traded company group, has acquired 97% of the shares in Raintite Trading Ltd, a leading manufacturer of PVC-laminated steel products used in roof application such as guttering.

Aluminium prices sink below $2,400 amid US-China tariff clash.

—Plus 17 major M&A deals
and top news stories.
04/11/2025

BICO Steel (“BICO”), a portfolio company of Validor Capital, is pleased to announce it has acquired Pioneer Steel Corporation, significantly expanding its die set manufacturing and steel plate processing capabilities.

ALRO invests in new equipment to boost aluminium plates production efficiency.

—Plus 16 major M&A deals
and top news stories.
04/04/2025

BlackRock, Inc. (NYSE: BLK) acquired a 5.02% beneficial interest in the ordinary shares of Harmony Gold Mining Company Limited.

Autos Trump’s 25% auto tariffs are in effect. What investors need to know.

—Plus 17 major M&A deals
and top news stories.
03/28/2025

Apollo Global Management, Inc. (NYSE:APO) is believed to be keeping an open file on Sanjeev Gupta's Infrabuild Trading Pty. Ltd. should it become available for sale at a discount price.

Thousands of jobs at risk as British Steel threatens closure.

—Plus 18 major M&A deals
and top news stories.
03/21/2025

CZR Resources (ASX: CZR) has received a conditional $75M proposal from three major international iron ore companies for its Robe Mesa project in Western Australia.

GCC imposes anti-dumping duties on Chinese aluminum imports to limit $1 billion foreign goods.

—Plus 16 major M&A deals
and top news stories.
03/14/2025

Recycled metal products maker Radius Recycling had entered into a definitive merger agreement with Toyota Tsusho America, a U.S. subsidiary of Japanese trading house Toyota Tsusho Corp.

Novelis Unveils Industry’s First Aluminium Coil Made from 100% Recycled End-of-Life Automotive Scrap.

—Plus 16 major M&A deals
and top news stories.