 "The Ministry of Mines has directed the Geological Survey of India (GSI) to conduct a re-exploration of the 5.9 million tonnes of lithium block in Jammu and Kashmir's (J&K's) Reasi district after repeated setbacks to put the reserve up for auction aga")
Global deal-making in critical minerals weakened in 2024 as easing supply fears and falling lithium prices dampened merger and acquisition (M&A) activity, according to a PwC report.
“The value and volume of deals fell in 2024, with energy transition minerals accounting for a smaller share of activity than in years past,” the report said.
The total number of critical mineral M&A deals dropped to 245 in 2024, down 43 per cent from 428 in 2023. The value of these deals fell from $17.7 billion to $10.8 billion during the same period, a decline of 39 per cent.
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