Mongolia was to be the “ultimate resource play”. But playtime can quickly turn ugly. Chalco, China’s biggest aluminium producer, has abandoned its attempt to take a controlling stake in SouthGobi Resources, the owner of Mongolia’s Ovoot Tolgoi coking coal mine. Since Mongolia rushed to pass a new law on foreign investment after the deal was announced in April that would have capped foreign ownership at less than 50 per cent, Chalco did not really stand a chance. Its retreat is a Pyrrhic victory for Mongolia.
一场“终极资源大戏”本将在蒙古上演，但好戏可能很快就结束了。manbetx3.0 最大的铝生产商manbetx3.0 铝业(Chalco)已放弃收购蒙古敖包特陶勒盖(Ovoot Tolgoi)焦煤矿所有者南戈壁资源(SouthGobi Resources)的控股股权。这笔交易于4月份宣布之后，蒙古匆忙通过一部新的外商投资法，规定外资在蒙古企业中的持股比例不得超过50%，因此中铝实际上根本没机会如愿以偿。但对蒙古而言，逼退中铝是一场“皮洛士式的胜利”(Pyrrhic victory)，代价过于高昂。