A deal targeting aluminum producer Arconic Corp. headlined metals and mining transactions during the week ended May 5, according to a screener on S&P Capital IQ Pro.

An investor group comprising funds managed by affiliates of Apollo Global Management Inc. and Irenic Capital Management LP agreed to acquire Arconic in a deal valued at $4.57 billion. Upon closing, the Pittsburgh-based company will no longer trade on the NYSE and will become a private company.

Gold Fields Ltd. subsidiary Gold Fields Holdings Co. (BVI) Ltd. completed the acquisition of a 50% stake in the feasibility-stage Windfall gold project in Quebec from Osisko Mining Inc. in a transaction valued at $442.7 million.

Italy-based Cogne Acciai Speciali SpA agreed to acquire ATI Specialty Materials Ltd., in a deal valued at $226.2 million. ATI Specialty manufactures titanium-based and nickel-based alloys, as well as specialty steel.

Taiwan-headquartered ThinTech Materials Technology Co. Ltd. will acquire a 35% stake in Changzhou China Steel Precision Materials Corp. in a deal valued at $23.2 million. Changzhou China Steel makes titanium-nickel alloys and nonferrous metals.

Rounding out the top five transactions of the week, Lithium Royalty Corp. closed a $20.0 million deal to acquire a 3.0% gross overriding revenue royalty on the Das Neves lithium project and nearby claims in Brazil from Atlas Lithium Corp.

In other M&A developments, BHP Group Ltd. recently completed its acquisition of OZ Minerals Ltd., boosting the mining giant's copper and nickel portfolio.

Also, the European Commission granted unconditional merger clearance for Norsk Hydro ASA's proposed takeover of Polish recycler Alumetal SA, and closing is expected in early July.

S&P Global Commodity Insights produces content for distribution on S&P Capital IQ Pro.