Chalco pulls out of second Mongolian deal | The Australian: "CHINESE-CONTROLLED aluminium giant Chalco, whose parent company is Rio Tinto's biggest shareholder, has pulled out of its second Mongolian resources deal in a month because of battles to get government approvals.
Chalco's inability to take a direct part in the Mongolian resources sector comes as Mongolia and China remain locked in negotiations over Chinese power supply to Rio's $US10 billion ($9.63bn) Oyu Tolgoi copper and gold mine in Mongolia. "
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