Mining tech deals top US$5.1 billion

‘Large solution providers like Epiroc, Sandvik, Komatsu, Caterpillar and Hexagon will continue to acquire the smartest tech companies’

A busy fourth quarter of 2022 has tipped the value of mining technology acquisitions and equity issues for the past two years over US$5.1 billion – an unprecedented level for what has until recently been a nascent market.

More than $2.51 billion of transactions, mainly acquisitions and private equity investments, have been announced in 2022, following on from the $2.66 billion of deals completed last year.

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