Rebirth 1984: Starting from the development of Hanka

Chapter 254 Don't Think About Me About "Wool"

Chapter 254 Don't Think About Me About "Wool"

"It's over, our troubles are really big!!!"

At this time, the surrounding people shuddered.

Obviously, everyone has now figured out the intention of the Yinhe Mining Group, which is to monopolize the rare earth market and then raise prices!

The days of buying rare earths at the price of cabbage are probably gone forever.

The party scene suddenly became noisy.

Everyone was discussing and thinking about countermeasures.

However, a good solution has never been found.

Rare earth is monopolized by Yinhe Mining Group, if it is other companies, they are not too afraid.

However, Yinhe Mining Group is a subsidiary of Wujiang Group, and there is no shortage of funds at all.

Therefore, Yinhe Mining Group does not need to sell rare earths to them at all.

However, rare earths are the core raw materials of many technological products, so they have to be bought.

They can only buy at a high price in the end.

At the party, some savvy people have already taken out their mobile phones and contacted the rare earth companies in China, planning to buy a batch of rare earth resources before others.

After all, Galaxy Mining Group does not completely monopolize China's rare earth market.

Chinese mainland.

Since Yinhe Mining Group held a press conference and said that it would increase the production of rare earths, the domestic rare earths companies suddenly became terrified.

"Damn, the competition for rare earth exports is already very fierce, and everyone is pushing down prices. Now that the Yinhe Mining Group is going to more than double its output, wouldn't the export price of rare earths plummet? How can we survive? If I had known earlier, I would Just sell the company to Yinhe Mining Group..." The owner of a rare earth company said with a sad face, regretting his words, and after a while, he murmured, "Before the price of rare earths plummets, I should contact you Galaxy Mining Group, sell the company to them!"

Many rare earth companies were frightened by the previous press conference of the Yinhe Mining Group, so they scrambled to sell the company to the Yinhe Mining Group.

More than a dozen companies signed acquisition agreements that day.

No way, in this era, the flow of information is relatively slow, and there is a huge information gap at home and abroad.As long as these rare earth companies persist for a while, they will know that foreign rare earth businessmen are panicked and want to buy rare earth raw ores at high prices.

In fact, many rare earth companies did not directly deal with foreign companies, and many middlemen with export trading rights earned the difference.

……

In the next few days, foreign rare earth trading companies snapped up rare earth raw ores at high prices, causing the price of rare earths in the international market to soar!
"What?! Rare earth raw ore purchase price doubled, true or false?! Damn, how could this happen? I have already sold the company!!!"

"The price of rare earth raw ore has risen again? Oh, it's a big loss!"

At this moment, those who sold the rare earth company regretted it one after another.

Rare earth raw ore price, one price per day.

It doubled on the first day, and in less than a week, the price soared to five or six times the original price, which is still in short supply.

In the entire rare earth market, Yinhe Mining Group has not sold even a single bit of rare earth resources. If foreign countries want to purchase raw rare earth ores, they can only obtain them at high prices from other rare earth companies.

It's a pity that there are too many monks and too little porridge, so the supply exceeds the demand.

The amount of rare earth raw ore that these rare earth companies can provide is simply a drop in the bucket.

Many foreign companies are buying raw rare earth ores at high prices.

Countries such as Europe, the United States, Japan and South Korea have issued notes to China, requesting to increase the export volume of rare earth raw ores, and to ask Yinhe Mining Group to sell rare earth raw ores.

The Chinese authorities have long been displeased with the sale of rare earths at a low price, and of course they support the Yinhe Mining Group.

Galaxy Mining Group is still not afraid of pressure from various countries.

One is that there is no shortage of money, and the other is that Wujiang Group's products cannot enter the US market anyway, so what do you want to do with yourself?

You know, the country that uses the most rare earths in the world is the United States.

Europe is not in such a rush yet.

Coupled with the fact that Wujiang Group has a large investment in Europe, it will definitely give Europe some face in the end and sell some raw rare earth ores.

In fact, people from Europe had already contacted Zhao Ye, but Zhao Ye neither agreed nor refused, and let him wait for a while before talking.

October 10 at 1 o'clock in the afternoon.

Fei Chengyi, CEO of Galaxy Mining Group, attended the press conference.

At the press conference, in the face of foreign reporters' inquiries about the non-sale of rare earth resources by Yinhe Mining Group, an explanation was given.

"Good question. There are indeed some reasons why Yinhe Mining Group does not sell rare earth resources."

"First of all, our company believes that the reserves and output of rare earths are very rare, and they are very precious. However, before that, rare earths have been sold as a price of cabbage. This is unreasonable and has caused huge losses to China! Our Galaxy Mining The significance of the existence of the group is to solve this problem and grasp the bargaining power of rare earth resources!
After 1990, my country built hundreds of rare earth factories at once, exporting a large amount of rare earth.The United States is a thief, because we do not have the pricing power of rare earths, so rare earths can only be exported at low prices. The United States buys our rare earths in large quantities, reserves them while using them, and plans to sell them to us after the rare earths in our country are exhausted.

Doesn't the United States have rare earth mines?The fact is that the Mountain Pass mine in California was once the largest rare earth mine in the world, and its reserves are enough for the United States to use for 280 years!
In addition to the United States, Russia, Australia, Canada, and Brazil have also done the same. They all pay attention to protecting their own rare earth resources and shut down their own rare earth factories.my country occupies 36% of the global trade market share with 80% of rare earth reserves, but the price is so low, which is completely unfair treatment. "

"Secondly, the Western world deliberately blocks rare earth extraction technology from China, so our country's rare earth extraction technology is very poor, the output is low, and it is not enough for our own use. Of course, we will not export it anymore." Fei Chengyi teased, don't you like blocking technology? I used technology as an excuse not to export rare earths.

Besides, raw rare earth ores are not as valuable as purified rare earths.

Yinhe Mining Group wants to change the management policy of rare earths, and will no longer sell raw rare earth ores in the future.

The Yinhe Mining Group has no shortage of foreign exchange earned by exporting rare earth raw ores.

The value of the purified rare earth will increase several times.

Xu Guangxian, an old Chinese scientist and "the father of rare earths in China", has plunged into the research of rare earth separation and purification technology since 1972.Facing unprecedentedly difficult subjects and the strict technical blockade of Western countries, Xu Guangxian has been working for decades, and he has done thousands of experiments.

At this time, Yinhe Mining Group has invested in the research of academician Xu Guangxian's rare earth separation and purification technology, and strives to speed up the research and development of rare earth purification technology.

However, even after the rare earth purification technology is developed, Yinhe Mining Group will limit the export volume of rare earths and purchase raw rare earth ores from abroad as much as possible.Although China's rare earth reserves rank first in the world, it is responsible for 80% of the world's supply. According to this rate, China's rare earth mines will be exhausted in about 100 years.The reserves of medium and heavy rare earths can only last for four to fifty years. That is to say, by around 50, we, the largest rare earth country, may need to import rare earths from abroad to meet our demand.

It is no longer possible to sell rare earths cheaply like before, but to protect rare earth resources.

At the press conference, Fei Chengyi, CEO of Yinhe Mining Group, once again emphasized that the company will gradually reduce the export of rare earth raw ores, and finally no longer export rare earth raw ores.

"The United States, Russia, Brazil and other countries are also major rare earth countries. I suggest that they reopen the closed rare earth factories. Why do they only consume my country's rare earth mineral resources?"

Fei Chengyi sneered, no one is stupid, you want to use up our country's rare earth reserves first, there is no way! ! !
In the past, there was no choice. China lacked foreign exchange, and exporting raw rare earth ores had relatively high profits, so it exported a large amount of raw rare earth ores.

But now, China's national strength and economy have become very strong, and its foreign exchange reserves are very high. It is no longer necessary for China to exchange rare earth mines for foreign exchange.

Not long after, the press conference ended.

Many foreign journalists and rare earth buyers left with regret.

Yinhe Mining Group is the largest rare earth company in China. It no longer exports rare earth resources, which has led to a severe shortage of rare earths in the world and a collapse in trade.

On the same day, rare earth prices skyrocketed again.

Many companies have complained and criticized the Yinhe Mining Group. It is not that American companies need to use the most rare earths, and the criticism is the most fierce.

However, Galaxy Mining Group dismissed these accusations.

The United States is short of rare earths?You TM own rare earth mines, you don’t know how to dig them! ! !

Japan wants to buy rare earths?Get out, go find your father!I'm not your father, why should you say you want it, I will give it to you.

Yinhe Mining Group does not enter oil and salt.In the previous life, the United States, Japan, and Europe took the opportunity to "sweep wool" against China.As a result, the high-quality single rare earths purchased and reserved by the United States, Japan and other countries can be used in industrial production for at least 20 years.Resource trade and production enterprises in developed countries have completely controlled the international rare earth prices, while my country's rare earth reserves have plummeted rapidly.

It's a pity, in this life, they can never think of such a good thing again.

Basically, the Yinhe Mining Group does not intend to make money by selling rare earth ores. After a breakthrough in rare earth refining technology, it may consider helping rare earth processing business, that is, you send the raw rare earth ore, I process it here, and then sell it. for you.

At present, China's demand for rare earths is only second to that of the United States, but it will far exceed that of the United States in the future.

The advantages of large scale will definitely drive the innovation of rare earth purification technology and the reduction of production costs.In the future, China's rare earth industry will have scale advantages, technological advantages, and cost advantages. China will still be the center of global rare earth trade, and raw rare earth ores from all over the world will be continuously shipped to China for processing.

……

Recently, stock markets in the United States and Japan have plummeted.

The lack of rare earths will inevitably lead to problems in the development of many technological industries.

Japan's resources are poor, but its industry is extremely developed. However, Japan's rare earth reserves are not large, which is a tragedy.

In the Japanese stock market, mourning is everywhere.

Many Japanese companies are crazy about buying rare earth resources all over the world.

However, the rare earth resources reserved by many countries are not enough for themselves, so how could they be sold to Japan.

It is not so easy for the United States, Brazil, Russia, Australia, Canada and other countries to restart rare earth plants in a short period of time.

Furthermore, countries like the United States will definitely reduce exports in order to protect their own rare earth resources.

Rare things are more expensive.The international rare earth price in this life will undoubtedly be much higher than in the previous life.

Although the Galaxy Mining Group does not export raw rare earth ores, with the mining areas it has acquired (including Baiyun Obo and Maoniuping, the former ranks first in the scale of light rare earths in China, and the latter ranks first in the scale of heavy rare earth deposits), Galaxy Mining The future market value of the group will be extremely terrifying! ! !

(End of this chapter)

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