"Number of transactions, deal value and diverse commodities
Although there have only been 24 critical minerals M&A deals in 2024 (so far) compared to 49 in 2023, the total deal value is markedly higher—$14.8 billion, compared to only $5.3 billion in 2023.
Lithium stands out with both the highest volume of deals and largest total deal value from 2020-24 ($24 billion). Deal volume for lithium M&A deals peaked in 2023, but remains relatively high in 2024, showing comparable volume to 2022."
