Ernst & Young Industries Mining and Metals - Ernst & Young - Israel

Looking for value in volatility, we look at the major trends in transactions and financing in 2011 and the outlook for 2012 from a commodity and regional perspective.

Growth in steelmaking capacity still exceeds demand, with significant over-capacity putting pressure on operators’ profitability. Discover the significant challenges for this sector, how steelmakers can compete for growth and the outlook for 2012.

While mining and metals companies completed twice as many megadeals in the first half of 2011 vs. 1H 2010, other factors increase the volatility and risk around M&A activity. Despite this, momentum is growing and we expect significant IPO activity in the second half of 2011.

Also, find out which countries and commodities led the global economy out of recession in 2010 in our global mining and metals report, which looks at the major trends in 2010 and the outlook for the sector in 2011.

Our report reveals that the top three global business risks for mining and metals in 2011 and 2012 are resource nationalism, skills shortage and infrastructure access. What are the other risks rounding out our top 10 list? Find out in our annual report.

Does hedging deserve its bad reputation? We take a closer look at the pros and cons of hedging and reveal the clues to look for when considering whether it’s the right time to hedge, specifically for mining and metals companies.

China and India will continue to witness strong growth in their steel industries due to demand for construction, automobiles, infrastructure and more. Learn more in our Global steel report, which reveals the major trends of 2010 and the outlook for the industry in 2011.

The paper highlights the investment frameworks in development, the fundamentals driving the case for investment in rare earths exploration and production (pdf, 1.5mb), and the financing and the available exit options to rare earths developers and investors.