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Published online by Cambridge University Press: 07 May 2025
In Mongolia today, hunger for coal, copper, gold and uranium wealth is at odds with democracy as the demands of international resource giants collide with a stubborn political culture of resource nationalism.
In time for the June 2012 parliamentary elections, Mongolia's grand khural passed a law subjecting the purchase by “state-owned entities” of controlling interest in strategic Mongolian mining enterprises to government approval (as well as a host of other key industries).
1 Chalco Targeted as Mongolia Seeks to Limit State Deals, Bloomberg, May 17, 2012.
2 The 666,000 MNT will be distributed to elders and disabled civilians from next week, Info Mongolia, May 18, 2012.
3 Click here for the UB Post story.
4 Click here for a story by Info Mongolia.
5 Mongolia's Quest to Balance Human Development in its Booming Mineral-Based Economy, Brookings, January, 2012.
6 Chinese, Mongolian companies sign $250m coal deal, China Daily, Jul 29, 2011.