Key transactions & industry newsWeekly Update 06/12/2026

What We Found Interesting This Week

For 1st Time, U.S. Approves Controversial LNG Production Ship


The approval of the first deepwater offshore LNG production vessel in US waters, a $5B project, marks a meaningful expansion of the addressable market for domestic marine operators and one that compounds over time rather than delivering immediate revenue. A project of this scale generates demand across its entire life cycle, from construction and installation through to the ongoing movement of crews, equipment, and supplies to an offshore facility, creating the kind of recurring, contracted demand that US-flag operators with existing LNG and offshore energy exposure are best positioned to capture. The permitting of a vessel class that has faced regulatory resistance for years also signals a more permissive posture toward domestic offshore energy infrastructure, which matters as much for the projects it enables downstream as for this one specifically. Near-term benefits flow primarily to developers and shipbuilders, but the long-term market opportunity for US-flag marine services and offshore support vessels expands materially in a segment where new project activity has been limited for years and where incumbents with established offshore relationships and Jones Act compliance carry a structural advantage that new entrants cannot quickly close.

Recent M&A Transactions

Metals & Mining

Jun 10, 2026 – NVRO Metals Limited (TSXV:NVRO), a clean technology company focused on the recovery of precious and critical metals from sulphidic feedstock including ores, concentrates, mine waste and tailings, is pleased to announce the proposed acquisition of Northern Territories Resources Pty Ltd. (GlobeNewswire)

Jun 8, 2026 – Alliance Resource Partners, L.P. (NASDAQ:ARLP) has entered into definitive agreements to acquire certain general partner and limited partner interests in AllDale Minerals III, LP and AllDale Minerals IV, LP for approximately $206.M, subject to customary closing price adjustments. (BusinessWire)

Transportation & Logistics

Jun 11, 2026 – Dana will combine with ‌Eaton’s mobility business in a deal valuing the unit at about $5.1B, as the auto parts supplier looks to tap into resilient aftermarket ​demand. (Reuters)

Jun 10, 2026 – Ridgewood Infrastructure LLC, a leading infrastructure investor in the U.S. lower middle market, today announced the acquisition of Dauntless Air, a market-leading aerial firefighting company that provides emergency management infrastructure for wildfire response. (PRNewswire)

Jun 9, 2026 – New York investment titan Blackstone offloaded a nine-building Broward County warehouse portfolio for $99.6M, the latest in its series of South Florida industrial deals. Along with its subsidiary Link Logistics, the investment firm sold a combined 419,300 square feet of industrial space to affiliated entities of Dallas-based Dalfen Industrial. (TheRealDeal)

Jun 9, 2026 – Global investment group La Caisse announced it has entered into an agreement to acquire Transurban’s remaining 50% interest in the A25 Concession, bringing its ownership from 50% to 100% and making it the sole owner of this strategic asset. The equity investment is $200M. (YahooFinance)

Jun 8, 2026 – Magna Tyres Group announces the acquisition of Forrez, the renowned Belgium-based tyre specialist and mobility service provider. The transaction marks the sixth strategic acquisition completed by the group in just a few years and a significant step forward in building a truly global tyre solutions platform. (MagnaTyres)

Jun 8, 2026 – Cadogan Tate, a premier specialist in high-value storage and logistics for art and interior design, announce its acquisition of Fully Loaded Deliveries, an Arizona-based operator specializing in luxury moving, storage, and design installation. (BusinessWire)

Building Products & Materials

Jun 9, 2026 – Breedon Group plc, a leading vertically-integrated construction materials group in Great Britain, Ireland and the United States, announces that it has completed the acquisition of Falling Springs Quarry for an enterprise value of $120M. (Breedon)

Jun 8, 2026 – Vulcan Materials Company (NYSE:VMC), the nation’s largest producer of construction aggregates, announced that it completed the divestiture of its ready-mixed concrete operations in California and acquired the southern Colorado and Dallas-Fort Worth operations of Brannan Sand & Gravel, LLC. (PRNewswire)

Energy

Jun 11, 2026 – Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, and Energy Equation Partners, an investment firm focused on backing middle market energy companies, announced an agreement to acquire Anwim S.A., Poland’s largest independent fuel marketer and owner of the MOYA station network. (Stonepeak)

Jun 10, 2026 – APA Corporation has agreed to acquire Savant Alaska, LLC in a deal that will give the company control of key production and transportation infrastructure supporting its growing position on Alaska’s eastern North Slope. (WorldOil)

Jun 10, 2026 – Stark Power Ltd. (TASE:STRK) has entered into a definitive agreement to acquire 100% of Sagebrush Infrastructure Partners, LLC, a premier developer of hyperscale data centers and co-located natural gas fired power plants. (PRNewswire)

Others

June 9, 2026 – GSK greed to buy U.S. cancer-drug developer Nuvalent or $10.6B, the British pharmaceutical company’s latest move to bolster its oncology business. (WSJ)

June 8, 2026 – U.S. food-and-beverage ingredients maker Ingredion reached a deal to take over U.K. rival Tate & Lyle for $3.6B in cash. (WSJ)

Top News Stories

Metals & Mining

Vietnam’s first aluminum smelter, Dak Nong, achieves first power delivery milestone. The Dak Nong aluminum smelter project in Vietnam, a 450,000-tonnes-per-year facility being developed by NFC and regarded as the country’s first aluminum smelter, has achieved its first successful power delivery, marking a major construction milestone as it moves closer to trial operations and production.

Novelis, top aluminum supplier to Ford, to restart plant after fires. An aluminum-rolling plant in upstate New York that supplies Ford Motor and other automakers will restart production, nine months after a fire caused a supply crisis for the car industry, the plant’s owner said.


CMR Green Technologies eyes strong IPO debut as 36% GMP fuels optimism. CMR Green Technologies is expected to make a strong debut on the stock exchanges after its initial public offering (IPO) received an overwhelming response from investors.

Hindalco envisions close to 18% growth from the value-added aluminum business. Hindalco Industries is betting on its downstream aluminum business to drive the next phase of growth, with the company expecting annual operating profit from the segment to increase by 15-18 % over the next five years.

Sasol invests $69.7M to expand advanced alumina production in Germany. Sasol, a major chemicals company, is investing $69.7M to expand advanced materials and specialty chemicals production capacity of its Brunsbüttel, Germany, plant.

Transportation & Logistics

Volvo Autonomous Solutions to remove safety drivers in Q1 2027. Volvo Autonomous Solutions plans to remove safety drivers from its autonomous trucks and begin fully driverless operations on U.S. highways in the first quarter of 2027.

For 1st time, U.S. approves controversial LNG production ship. American regulators for the first time approved construction of a $5B floating platform in U.S. waters to produce liquefied natural gas for export.

Maritime Jones Act fight escalates with new lobbying push. The century-old Jones Act faces a six-figure digital attack launched by an advocacy group tied to billionaire Charles Koch as foreign ships challenge the domestic maritime industry.

PepsiCo and Gatik launch commercial driverless trucking deployment. PepsiCo and Gatik announced a multi-year strategic partnership that stands as the largest commercial autonomous freight deployment to date. The deal brings fully driverless trucks into one of the world’s most demanding consumer goods supply chains. Operations are already live across Texas, Arizona and Arkansas.

Energy

BP starts process to sell stakes in two Gulf of Mexico projects, sources say. British oil major BP has started a ‌process to sell stakes in two of its Gulf of Mexico projects, four people with knowledge of the matter said, in what would be one of new CEO Meg O’Neill’s first ​moves.

Trans Mountain pipeline in Canada hits full capacity two years after upgrade. Canada’s Trans Mountain pipeline is running at full capacity for the first time since the completion of ​a major expansion two years ago, but an executive ‌said that ongoing global turmoil makes predicting future capacity rates difficult.

U.S. energy regulator approves PJM’s fast-tracked power plant interconnection plan. U.S. grid operator PJM Interconnection said that the Federal Energy Regulatory Commission has approved ​its proposed expedited interconnection track, a temporary process ‌to advance projects of significant size to address the urgent need for more capacity resources.

Britain offers 700 projects grid connections in major energy investment push. Britain has offered grid connections to more than 700 projects, the country’s power planning ​body said, under a reformed allocation system expected ​to help unlock up to ~$46B in annual clean ⁠power investment.

Ukraine’s Naftogaz strikes preliminary deal to restructure $1.4B of bonds. Ukrainian state energy firm ‌Naftogaz has struck a preliminary agreement to restructure $1.4B of its bonds that had been due next month and in 2028, as the Russian war continues to damage its infrastructure.

Others

SpaceX vaults over $2T valuation as stock jumps after record IPO. SpaceX jumped over 20% in its Nasdaq debut, lifting its valuation to more than $2T ​as investors piled into the world’s largest IPO and bet on Elon Musk’s sprawling empire spanning rockets to AI.


Broadcom, Apollo, Blackstone launch $35B AI infrastructure platform. Broadcom said it will partner with Apollo Global Management and Blackstone’s credit and insurance business to launch a platform backed by an initial $35B to finance artificial-intelligence infrastructure.

About RJM

RJM & Company is a specialized M&A and capital markets advisory investment bank. We provide boards and management teams of public and private companies with independent advice and expertise in a variety of sectors including road, rail and marine transportation, infrastructure, chemicals, energy, metals and mining, manufacturing, building materials, and other coverage areas of the industrial complex. RJM advises clients on all aspects of transactions including timing, structure, and pricing. RJM originates opportunities and helps negotiate and execute transactions already under evaluation.

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