Larger Echoes in Khan's Mongolian Odyssey

摘要

Khan Resources's fiasco in Mongolia is only the latest example of political risks faced by uranium developers in many countries, but it is made more complex by virtue of its association with a project that itself has a long history, dating back to the Soviet era. A series of inexplicable developments and transactions since then, leading to last week's denouement, are enveloped in the region's murky politics, a resurgent Russia, and the ambitions of local players.