A big country of aerospace with black technology.

"We may need to buy a mine."

After sending away the pressure vessel manufacturer, Zhang Xingyang approached Liang Yi and said.

Over the years, the finance of the institute has basically been in the hands of Liang Yi.

Zhang Xingyang has been able to do things happily these years.

Thanks also to Uncle Liang Yi for supporting me from behind.

"Why do we want to buy a mine?"

Liang Yi frowned and said.

"What mine do you want to buy?"

Although Liang Yi supports most of Zhang Xingyang's decisions.

But buying mines is no small matter.

Not to mention the cost.

The key is that it is more troublesome.

They basically had no relevant experience in mining before.

If you enter so rashly, you will know that there will be a lot of chaos if you think about it.

"Buy a gallium mine."

Zhang Xingyang poured himself a glass of water from the water dispenser and said.

"Gallium ore?"

Liang Yi thought of gallium and understood a little bit.

The institute’s recent materials research focus is on gallium.

Whether it is gallium nitride of third-generation semiconductors or gallium oxide of fourth-generation semiconductors.

Both require large amounts of gallium.

"Our consumption shouldn't be as exaggerated as buying a mine, right?"

Although he had some understanding, Liang Yi was still a little unsure.

"This can also be regarded as a layout for the future."

Zhang Xingyang picked out some things he could say: "We will vigorously develop the space power industry in the future."

"This requires a lot of gallium nitride and even gallium oxide."

“Judging from our current gallium production capacity, it is far from enough.”

"We just have to figure it out on our own."

Gallium is not a very abundant metal in the earth's crust.

The content is no more than 0.0015%.

Moreover, the distribution is relatively scattered, and there are few rich and high gallium ores.

Basically they are associated mines.

Associated with bauxite, tungsten ore, lead-zinc ore.

Currently, the world's annual crude gallium production is less than fifty tons.

The output of refined gallium required to produce semiconductors is less than 60 tons.

All added together, it is less than 110 tons.

Among them, domestic production accounts for more than 80%.

But even these are not enough for Zhang Xingyang and the others.

A power satellite requires the use of more than thousands of gallium nitride semiconductor chips.

Weighing over hundreds of kilograms.

This is only the satellite end. The ground receiving end requires almost the same weight of gallium nitride semiconductor chips.

According to the preliminary intention reached by Zhang Xingyang and Mr. Sun before.

Two satellites are built every month.

More than ten tons of gallium are needed per year.

Without producing gallium.

Zhang Xingyang estimates that the power satellite project alone can double the price of gallium.

"Then do we still need to buy related manufacturing companies?"

Liang Yi said a little bit.

"There should be mineral processing plants and refineries."

"Otherwise, are we just going to be miners?"

Liang Yi felt that Zhang Xingyang had taken on another big job for him.

I even felt a dull pain in my temples.

"These must be done."

Zhang Xingyang said with some embarrassment: "In fact, it would be best if we could directly build an industrial chain from mining to finished product production.

In this way, there will be enough price advantages to promote the power satellite project. "

Even Zhang Xingyang felt a little embarrassed to trouble Uncle Liang Yi so much.

Uncle Liang Yi is almost 60 years old this year, and he is still busy.

For a moment.

Zhang Xingyang felt as if he was squeezing an innocent old man.

Fortunately, Liang Yi had almost watched Zhang Xingyang grow up, and had watched him lift the institute from a collapsed state over the years.

He just sighed a little: "Buying a mine is not that simple."

"We need to plan things out."

Although Liang Yi has never bought a mine, he has participated in so many business activities.

Naturally, we can think of possible problems in this.

The most important of these is the problem of the mine itself.

In recent years, the national power industry has developed vigorously.

To a certain extent, this has led to skyrocketing coal prices.

He has also heard many rumors in the industry.

When selling minerals, many mine owners will lie about mineral reserves.

False exaggeration of reserves, abundance and other issues.

There are no independent deposits of gallium ore.

The reserves of associated minerals are not so easy to detect.

If someone else does a little bit of manipulation.

They are probably going to be taken advantage of.

Zhang Xingyang: "Uncle Liang doesn't have to worry about the mine."

"I have already spotted a mine, and that mine will last us a long time."

It was a very peculiar, super-large gallium mine.

Most of the gallium ores in the world are associated with bauxite, tungsten ore, and lead-zinc ores.

But this mine is located near a very large coal deposit!

This mine has a lot to do with the institute.

Hypersonic experimental base, because wind tunnels consume a lot of energy.

It owns a large thermal power plant.

and several large coal mines.

This year the geological team at the mine was conducting coal seam detection activities.

This very strange super-large gallium deposit was discovered by accident.

So this matter is relatively simple.

As long as we can get the approval document from the mining department.

They will be able to mine gallium ore.

"It turned out to be such a thing!"

Liang Yi was also very surprised:

"We are really lucky to be able to find gallium ore under such circumstances."

Liang Yi is responsible for the financial work of the institute, so he naturally knows that the price of gallium is not cheap.

This is equivalent to them accidentally discovering a gold mine!

"Oh, right."

"The reserves of this mine are estimated to be over 800,000 tons."

Liang Yi, who was about to take a sip of water to calm down, almost spit out a mouthful of water.

Swallowing the water with difficulty: "You mean 800,000 tons?"

"Yes, so it will last us a long time."

Zhang Xingyang said indifferently.

In fact, it cannot be said that it is a long time.

It should be able to be used forever.

At present, the country's annual production capacity is only a little more than 80 tons.

Even if domestic production reaches one hundred tons per year, it will take eight thousand years!

Consider the exponential increase in production.

Later production may reach the kiloton level.

Even so, it would be enough for them to last eight hundred years!

Eight hundred years later, it is estimated that mankind has long been freed from resource constraints.

"The current gallium is about three thousand and one kilogram."

After Liang Yi calmed down for a long time, he finally suppressed these words.

Eight hundred thousand tons of gallium, that’s close to three billion!

What Liang Yi said is actually not quite accurate.

This price is the price of crude gallium.

If it is refined gallium, the price will double several times.

If processed into semiconductor chips, the price will be hundreds of times higher.

You must know that a large part of current gallium nitride is used in phased array radars.

Phased array radar is basically sky-high at this time.

"This price is not too difficult for us."

Zhang Xingyang carefully observed Liang Yi and found that he would not have any problems for the time being.

"Mr. Sun has promised us that he will try his best to provide us with convenience in the power satellite project."

"So there shouldn't be much of a problem with the mining department."

Mr. Sun has actually done a lot of work for them.    Including previous negotiations between Galaxy Power and Grid.

There is always Mr. Sun pushing behind.

Zhang Xingyang can feel that the top management attaches great importance to the new energy industry.

"I will contact the mining department as soon as possible to see if the mine can be taken down."

After listening to this, Liang Yi felt that this matter was relatively reliable.

The difficulty is not great.

"Uncle Liang, there is something I need to let you know."

Zhang Xingyang discovered that Liang Yi might have overlooked one thing.

So he said a little cautiously.

"What's going on?" Liang Yi was a little curious.

"I have said it before, gallium ores are all associated ores."

Zhang Xingyang said while looking at Liang Yi.

I was afraid that he would suddenly faint after hearing the news.

"Yes, isn't this mine an associated mine of the coal mine?"

Liang Yi was still puzzled.

Zhang Xingyang: "So if we want to buy this gallium mine, we have to buy it together with the coal mine."

"Then buy it."

Liang Yi somewhat understood why Zhang Xingyang looked at him like that.

But didn't say much.

Zhang Xingyang: "That coal mine is a bit large."

Liang Yi: "How big can it be?"

Zhang Xingyang didn't speak at this time, but weakly stretched out three fingers.

"Thirty million tons?" Liang Yi took a deep breath and asked.

"Barely acceptable."

Zhang Xingyang shook his head.

"Three hundred million tons?"

Liang Yi felt like he was out of breath.

"No, it's three billion tons."

Zhang Xingyang said a number that Liang Yi thought was impossible.

"." Liang Yi was silent.

"Although our financial status has been very good these years, we still don't have that much money."

A three-billion-ton coal mine is already considered a super-large deposit.

They simply don't have that much money.

Although the research institute has tens of billions in revenue every year.

But it’s also very expensive if you can’t afford it.

Liang Yi used to find it difficult to save hundreds of millions every year.

A three-billion-ton coal mine, based on the current situation.

At least it's worth tens of billions.

They don't have enough liquidity.

"To put it simply, it's a lack of money?"

Zhang Xingyang said in conclusion after Liang Yi finished speaking.

"That's right, although we make a lot of money now, spending money on various projects seems to be like running water."

Liang Yi said while looking at Zhang Xingyang.

When it comes to who can spend the most money in the institute, Zhang Xingyang has to do it.

"We can now provide up to about 4 billion in liquidity."

"If you want more money, you either need to borrow from a bank or sell something."

The institute actually has a lot of high-quality assets.

The bank had tried to lend money to the institute many times before.

It's just that the institute is not short of money and has sufficient cash flow.

So it was always rejection.

This world is so wonderful sometimes.

When I’m not short of money, I’m crazy about lending you money.

That posture made him want to put money directly into Liang Yi's arms.

When he was short of money, he tried every possible means to make things difficult.

"It's better to borrow money."

Zhang Xingyang directly rejected Liang Yi's proposal without even thinking about it.

Banks are not that easy to deal with.

Even if their family has a big business, they still have to be cautious.

"If I come forward, maybe there will be a solution."

Zhang Xingyang thought for a while and then said.

With a little thought, he could think of several different solutions.

But how to do it.

You still have to find out after trying it.

"Then let me go to the mining area to inspect it first?"

After listening to it, Liang Yi said: "Just hearing one side of the story is still not intuitive enough."

"It's okay, I guess it will take some time."

Zhang Xingyang nodded and agreed.

In fact, Zhang Xingyang's method is mainly to cooperate in development.

He had two choices. One was Jiang Cheng, who was in a cooperative relationship with them.

They are building a chip industrial park.

I think I am a little interested in the industrial layout of gallium materials.

But it’s hard to say whether the other party will participate.

After all, they are still in the investment stage and have not seen any output.

I guess I will be more cautious and will not easily join projects with uncertain prospects.

But now the coal industry is very profitable.

In the past few years, coal prices have almost never fallen, and have always been on an upward trend.

And there is no need to worry about selling coal.

As long as they can get coal mines, they can basically sit back and wait for their money.

The coal mine is almost a hen that lays golden eggs at this time.

As for the second option.

It’s Shancheng, Galaxy Electric’s partner.

The other party has already seen the profit prospects of Galaxy Power.

The possibility of joining will be higher if you want to.

But in this way, they will probably increase their shares in Galaxy Power.

Galaxy Power’s current valuation is actually not very high.

Only one or two billion.

In fact, if outsiders know Mr. Sun and his expectations for space power generation.

The valuation of Galaxy Power can reach at least 100 billion level.

Apart from other things, there are only more than 20 power satellites launched every year.

Based on fixed asset valuation, it can be worth more than 20 billion.

But outsiders still don’t know about this.

Only a few people still know about this matter.

This also leads to the conclusion that if Shancheng is allowed to increase its shares at this time.

The institute will suffer greatly.

It can be said that both options have their own advantages and disadvantages.

But before Zhang Xingyang could decide which one to contact first.

Liang Yi, who had already contacted the mining department in advance, received good news.

"This is really good news." Zhang Xingyang said with a sigh of relief.

Liang Yi also had a smile on his face: "I didn't expect them to give such good conditions."

Given their current cash flow.

The mining company has given them permission to mine the deposits in stages.

In other words, they don’t have to spend so much money at once.

And judging from Liang Yi's contact, the remaining part of the deposit.

The other party will not sell directly to other units.

"It should be Mr. Sun who has greeted the other party in advance."

Zhang Xingyang actually didn't expect that Mr. Sun would be able to ask them to give such conditions.

However, considering the particularity of gallium ore.

And the institute is in a leading position in the fields of gallium nitride and gallium oxide.

These benefits seem to be nothing.

"Then we can consider starting to build the entire semiconductor industry chain."

Zhang Xingyang said confidently.

In the past, both power satellites and active phased array radars were expensive.

A large part of it lies in the fact that the industrial chain has not been integrated.

There are a lot of additional expenses in this regard.

If the entire industry chain is successfully established, the cost will drop a lot. (End of chapter)