The Industrial Giant Reborn.

Chapter 427 The value of billion-ton iron ore

"12.5 billion tons of iron ore?" The three people next to me were shocked when they heard this figure. No matter what kind of mine, as long as the reserves reach the level of [-] million tons, it must be of high value, even the most basic coal mine , is also very significant.Not to mention that this is still high-quality iron ore.

"Okay, then prepare all the information immediately, and then announce it to the public, and then invite some other third-party professional survey companies to come and confirm." Chen Zhiwen nodded and said.

All of this is naturally within his expectation. The number of super mineral deposits discovered in the 90s in human history is very small, many of which Chen Zhiwen does not remember at all, and some of which he is unable to intervene, such as many oil giants or The national oil company has discovered a large number of high-reserve oil and gas fields on the coast and even in the deep sea of ​​various places. He cannot intervene in these things. Moreover, even if he can, he does not know the location. The coast can only be marked with latitude and longitude, or which city He can't remember the data in which direction, angle and how many nautical miles away.

The few that I can remember are a few high-quality mineral deposits in Australia or Canada. For these places, Chen Zhiwen has arranged for people to operate and buy the survey rights in some areas. Explored step by step.

The Christmas Creek side is famous because it is the core mineral base of later mining giant AMG. It is the easiest to find, and it is normal to be the first to be discovered.

"Okay, Mr. Chen." Zhou Jiayang nodded and said, Hehuang's investment in the mining industry added up to nearly [-] million U.S. dollars. If it weren't for the group's high return income in other fields, it would really be untenable. Starting from this industry, the mining industry, it is really impossible to play without strong capital.

But now it finally pays off, and the discovery of such a large iron mine can be regarded as a firm foothold in this industry.

"Chen Sheng is really amazing. He set off such a big firework without making a sound." Bao Yugang said in amazement. As a ship king, his business often does business with mining or oil giants. Naturally, I also know how valuable an iron ore of more than one billion tons is.

"It's not a firework. The value of iron ore itself is very high, but it also depends on the location and traffic. If these two aspects are poor, it means nothing." Chen Zhiwen said with a smile.

This is the truth, iron ore is so heavy, the transportation cost must be high, and the requirements for various infrastructure are very high. If it is not on the edge of the ocean, and there is no port nearby, then it is necessary to build a railway and a port, which is very important. Investment, many proven inland iron ore, because of this reason, turned into a pile of useless waste, such as the iron ore in Bolivia, South America, the national reserves are tens of billions of tons, but as a landlocked country, there is no outlet to the sea. Iron ore cannot be realized.

The situation of the Christmas Creek Iron Mine is of course better. After all, this is an iron mine that will be developed for a long time by later generations, but the existing infrastructure is also very lacking. If it is repaired, it will also require an investment of [-] million US dollars.

"Where is this iron mine located?" Bao Yugang asked.

"Western Australia." Chen Zhiwen said.

"In Western Australia, the various infrastructures there are good, and the freighters under my banner also cooperate with the mining giants there. Chen Sheng, if you want to develop this iron mine, the best way is to cooperate with these mining companies. Cooperate and make use of their well-established railway network and ports." Bao Yugang thought for a while and said.

"Thank you, Bao Sheng, for reminding me." Chen Zhiwen said with a smile, he was naturally aware of this.

Seeing that Chen Zhiwen had his own business and that their purpose of coming here was basically the same, the three of them said goodbye and left.

Zhou Jiayang said: "Chen Sheng, I have already checked the railway network near the Christmas Creek Iron Mine. If we can connect, we only need to invest in building a 120-kilometer railway."

"Do you think the railway network controlled by these western mining consortiums can be used by us casually?" Chen Zhiwen asked back.

"They will definitely ask us to pay a small price, or the various tolls will be so high that they may swallow up most of our profits." Zhou Jiayang said helplessly. This is the essence of business. When you master other people's After Lifeline, a normal capitalist will do his best to squeeze other people. A hundred years ago, this was the case in many civilian products industries. Subsequently, anti-monopoly laws were born at the national level to suppress these companies, but commercial companies exploit each other. , then the government can’t control it.

"So, for this mine, we will either borrow other people's channels and be ripped off, or we will have to build our own railway network and ports, or we will sell it or sell part of it and form a joint venture with others." Chen Zhiwen said calmly, this situation is actually also the case He expected it. "If we build our own railways and ports, the investment cost will be too high. This also needs to be combined with the cost of developing the entire iron ore. Moreover, if the international iron ore price drops in the future, we will inevitably lose money. Unless we take long-term considerations, we will also lose money in the future. Continue to invest in mining in Xio and build our own complete industrial chain and transportation chain." Zhou Jiayang thought for a while and said.

"I estimate that the price of iron ore will still rise in the future, but it is unrealistic for us to do it alone, and the price/performance ratio is too low. We should find ways to cooperate with other capital, either by selling it all, or by joint venture." Chen Zhiwen said: "We also I don’t have much mining experience, so let’s take this opportunity to learn more.”

The so-called century-old mining giants. The existing large-scale mining companies have a long history. These are the few winners left after a large number of eliminations. At the same time, this industry requires sufficient foundation to operate. Although Hutchison Whampoa is not short of capital, it only It is impossible to enter the market smoothly with abundant capital, and continuous learning is required.

Of course, another simple and crude mode is acquisition, but this also requires a huge amount of funds. Chen Zhiwen can afford this amount, but in the 80s when there were countless golden investment opportunities, spending such a large amount of money It's too bad to do mining.

And use the prophet's gold finger to invest a small amount of money to discover a giant mine first, or sell it all to get a lot of money, or get a lot of experience after a joint venture, and even take the opportunity to get a small part of some mining giants shares.

"Well, after the news spread, I think those mining giants should take the initiative to contact us." Zhou Jiayang said with a smile.

"Well, just wait." Chen Zhiwen nodded and said. In the 80s, the global price of iron ore was relatively stable. One ton was around 20 US dollars. The low-grade ones were cheaper, and the high-grade ones were more expensive. As long as it was not the location In places that are too remote, the development of iron ore is profitable. Especially in many Asian countries, the economy has been developing very well recently. Once the economy improves, the demand for iron ore will increase. After all, there are a lot of infrastructure and houses. All require steel.As long as you hold a high-quality iron ore deposit and the location is not bad, then you will not worry that no major mining company will take the bait, unless the global iron ore giants work together to suppress themselves, but that is obviously impossible. They are all competitors, so it is difficult for them to come together for an iron ore mine.

In the next few days, the news of the discovery of large-scale high-quality iron ore in Christmas Creek also spread around the world. This matter did not need Zhou Jiayang to promote it, and many media naturally reproduced it, especially some commercial ones. The newspaper put this matter on the front page.

This is even more so in Hong Kong. A super iron ore mine of more than 10 billion tons. In the history of Hong Kong, no company has ever engaged in a large-scale mining industry. The media, based on the transaction price of the iron ore, actually determined that the total value of the iron ore exceeded 250 billion US dollars, claiming that the iron ore was worth half of Hong Kong.

Of course, it is also possible that it is intentional to attract attention. In the future self-media era, there will be a lot of such people. Now, because the requirements for media are very high, there are also such people.

In the international market, mining companies around the world are beginning to pay attention to Hutchison Whampoa, a once unknown junior.

A few years ago, after Hutchison had just spent tens of millions of dollars to purchase survey rights in several places in Australia and Canada, some large companies were still laughing at them, because they dared to hoard land and gamble without any basis. Mining is still the favorite operation of the American gold rush era more than 100 years ago. Blindness and pure luck are simply too stupid for the modern prospecting industry.

However, when a high-quality iron ore deposit of more than one billion tons was discovered, everyone was dumbfounded. Considering the authenticity of the matter, these companies still sent some professional engineers to Christmas Creek for verification. We are also open-minded about this. Anyone who comes here can explore the mines by themselves, and you can do whatever you want. It’s okay to take the mines you dig back for testing. There is no railway, and how much you can take away.

A week later, the major mining giants also received various analysis reports, and it was confirmed that it was really a large-scale high-quality iron mine, which immediately attracted many big companies' interest.

Regardless of various inputs, the value of this iron mine can reach almost 300 billion U.S. dollars. According to the location, mine depth, local taxation and labor costs, a simple calculation shows that the profit here is still good.

As a result, mining development companies in the West sent professional teams to Hong Kong, and on the Asian side, there were representatives of Japanese consortiums. Even a leader from the Shanghai Stock Exchange called through introductions. The reason is very simple. , Baosteel, which is about to be completed, also needs overseas high-quality iron ore.

The so-called rare goods can live, even if it is so, it must be sold, at least a part of the shares, so whoever can give oneself the highest value will be sold to whomever.

(End of this chapter)