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.
一場“終極資源大戲”本將在蒙古上演，但好戲可能很快就結(jié)束了。中國最大的鋁生產(chǎn)商中國鋁業(yè)(Chalco)已放棄收購蒙古敖包特陶勒蓋(Ovoot Tolgoi)焦煤礦所有者南戈壁資源(SouthGobi Resources)的控股股權(quán)。這筆交易于4月份宣布之后，蒙古匆忙通過一部新的外商投資法，規(guī)定外資在蒙古企業(yè)中的持股比例不得超過50%，因此中鋁實際上根本沒機會如愿以償。但對蒙古而言，逼退中鋁是一場“皮洛士式的勝利”(Pyrrhic victory)，代價過于高昂。