Chinese mining enterprises to go overseas mergers and acquisitions, personal practice "going out" strategy, but in the process has encountered a lot of setbacks and challenges, especially the recent incident - Ganfeng lithium by the Mexican government canceled nine mining concessions.
The rapid development of the new energy sector, countries to lithium ore as the first core resource competition is becoming more and more intense, resulting in mining enterprises overseas business has also become more and more bumpy.
Acquiring energy and mineral resources such as oil, natural gas, lithium, copper and nickel outside China is not only related to the safe, healthy and sustainable development of China's economy, but also brings new opportunities and challenges for the future development of Chinese mining enterprises. Mining enterprises need to adopt diversified ways to acquire overseas mineral resources and prevent various investment risks. In order to better practice the "going out" strategy, Chinese mining enterprises can adopt the following strategies in the process of going overseas:
1. Study in-depth the policies, laws and cultural environment of the target countries to ensure the compliance and feasibility of investment decisions.
2. Strengthen communication and cooperation with local governments and communities, establish good relationships, and actively fulfill social responsibilities to reduce the possibility of social protests.
3. Give full consideration to the political stability, economic conditions, laws and regulations of the countries where the resources are located when making investment decisions, and choose partners with good reputation to reduce investment risks.
4. Diversify investment methods, such as adopting cooperative development and joint operation to share risks and profits with local governments or enterprises.
5. Strengthen risk management, establish a sound risk warning and response mechanism, and respond to various emergencies in a timely manner.
6. Make full use of international arbitration institutions and other legal channels to protect their legitimate rights and interests.