Investment Summary

Mongolia Energy Corp Invests In Xinjiang Kaiyue Yuan Minerals

On September 25, 2008, Mongolia Energy Corp invested in metals/mining company Xinjiang Kaiyue Yuan Minerals for 150M CNY

Investment Highlights
  • This is Mongolia Energy Corp’s 1st transaction in the Metals/Mining sector.
  • This is Mongolia Energy Corp’s largest (disclosed) transaction.
  • This is Mongolia Energy Corp’s 1st transaction in China.

Investment Summary
Date 2008-09-25
Target Xinjiang Kaiyue Yuan Minerals
Sector Metals/Mining
Investor(s) Mongolia Energy Corp
Deal Type Stake Purchase
Deal Value 150M CNY

Target

Xinjiang Kaiyue Yuan Minerals

China
Xinjiang Kaiyue Yuan Minerals Co., Ltd. engages in coal, iron, and copper exploration and development.

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Investor(S) 1

Investor

Mongolia Energy Corp

Hong Kong, China
Category Company
Founded 2006
Sector Oil/Gas Exploration
Employees831
Revenue 3.2B HKD (2024)
DESCRIPTION

Mongolia Energy Corporation Limited is an energy and resources developer, with operation and investment over Mongolia and Xinjiang in North Western China. The Company moved into the energy and resources industry upon its first acquisition of 34,000 hectares of concession areas at Khushuut and Darvi, Western Mongolia in 2007. Mongolia Energy was founded in 2006 and is based in Hong Kong.

DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Stake Purchase) 1 of 1
Country (China) 1 of 1
Year (2008) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-09 Glory Key Investments

Virgin Islands (British)

Glory Key Investments Ltd.engage in the business of energy and related resources, property investments and provision of charter flight services and a wholly-owned subsidiary of Mongolia Energy Corporation Limited

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