Private buyers to lead Aussie mining deal wave

With an eye on reducing the number of failed resources deals, Asian buyers are likely to focus on smaller targets which have a greater need for capital.
Asian buyers hope to apply lessons learned from the past
Asian buyers hope to apply lessons learned from the past

The next wave of investment in Australia’s mining sector will be larger and driven by more nimble investors including private equity, according to Adam Goern, director of advisory firm TPA Co in Hong Kong.

The coming wave is also expected to bring a higher rate of success as buyers apply lessons learned from the past including that they must abide by Australia’s tough industrial relations and environmental rules, and that it can be expensive to build the necessary infrastructure to transport materials from site to ship.

So instead of focusing on mega-deals involving large state-owned enterprises, the bulk of the action will be in the smaller end...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222