Mongolia taps Shenhua to break China coal impasse - MarketWatch: "BEIJING--Mongolia is reaching out to China's largest coal producer China Shenhua Energy [1088.HK] in an effort to break a deadlock over the terms of a souring coal supply deal with another Chinese giant, Aluminum Corp. of China [ACH], Mongolia's ambassador to Beijing said Friday.
The growing squabble with China, its largest trading partner, underscores how swiftly changing political and public sentiment in Mongolia toward foreign investment in the country's fledgling mining sector could throw into disarray the development of its Tavan Tolgoi deposit, potentially the world's largest untapped coal reserve."
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The growing squabble with China, its largest trading partner, underscores how swiftly changing political and public sentiment in Mongolia toward foreign investment in the country's fledgling mining sector could throw into disarray the development of its Tavan Tolgoi deposit, potentially the world's largest untapped coal reserve."
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