Rebirth 76: Industrial Internet Empire

"I haven't received personal confirmation from the top management of Zhiyuan Group. The initial news came from Vincent Gonzalez, the commercial officer of Chilean Copper Company..." Secretary Emilia replied.

"Immediately use the relationship with HSBC to find out whether the Zhiyuan Group is really prepared to participate in the acquisition of the Escondida Mineral Deposit, and find out their true demands..." Ian ordered after pondering for a moment.

Emilia soon found out the truth of the matter through Zhiyuan's "insiders": Chilean Copper Company ordered a batch of open-pit mining machinery from Zhiyuan Heavy Machinery at the "Canton Fair". In return, Zhiyuan Group agreed to cooperate with Chilean Copper. The industrial company will play a double act to raise the price, and will send a special bidding team to Chile to participate in the acquisition of the Escondida deposit..."

Yang Mo used reverse thinking to deliberately spread the news about his participation in the bidding for the Escondida deposit in advance, and then was investigated and exposed by interested parties as "rumors" to cover up the fact that Zhiyuan sent an audit and survey team to participate in the bidding...

Vincent Gonzalez has also stepped up his activities. After all, equity worth US$583 million is not easy to get, and he has to give up part of the benefits...

Under the operation of Vincent Gonzalez, the Chilean Copper Corporation and the Chilean Copper Commission jointly issued a letter and decided to advance the bidding for the Escondida deposit by three months...

This move made Ian more confident in his judgment that the Zhiyuan Group was trying to disrupt the situation for a mining equipment contract. After an in-depth investigation by BHP Billiton, it was found that the Zhiyuan Group did not have any need to participate in the bidding for the Escondida deposit. They have no experience in large-scale open-pit copper mining or copper concentrate smelting, and all their companies have little demand for finished copper. There is no need to spend huge sums of money on a copper mine that is completely unrelated to their own industrial chain, unless The board of directors of Zhiyuan Group is totally confused...

86 11 Month 25 Day.

At the Escondida deposit bidding meeting, the Japanese consortium led by BHP Billiton, Rio Tinto, Glencore, Mitsubishi and Sumitomo Metal Mining, and the Zhiyuan Group sitting in the corner were obviously not on the same level as these huge international giants. Seems out of place.

Another mining giant, Glencore, has no intention of doing this. It has reached a tacit understanding. BHP Billiton, Rio Tinto and the Japanese consortium have formed an acquisition alliance to jointly fund the acquisition of the Escondida deposit. It seems destined to be a competition without competitors. Unilateral acquisition.

Ian is determined to win this overall acquisition, and they have even privately discussed the equity distribution of the Escondida Mine: BHP Billiton, as the leading party in this acquisition, obtained 57.5% of the Escondida Copper Mine. Rights, Rio Tinto Group received 30% of the shares, the Japanese consortium headed by Mitsubishi and Sumitomo Metal Mining held 10% of the shares, and the remaining 2.5% of the shares belonged to the International Finance Corporation...

But the final bidding result did not go as they expected. Zhiyuan Group successfully obtained the 4.45-year mining rights of the Escondida deposit with a bid of US$50 million!

Obtaining the world's largest copper mining rights in the future will not only give Zhiyuan Group certain pricing power in electrolytic copper, but more importantly, in the LME copper futures market, the Escondida Copper Mine will become the key to the long-short game. The winner of time!

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Southeast Province Hongdu Copper Company.

Liao Tingxuan, who had just arrived in Hongdu from Yanjing, was furious in the reception room: "What the hell is Chang Yonggui doing? Does he still have any organizational discipline? The foreign businessmen will be here soon, and the others are missing!"

"Director Liao, there may be a temporary situation in the mine. We have sent people to find Lao Chang. News should come back soon..." Secretary Lu Muhan explained with a smile.

"Lao Lu, I'm not telling you, you know his bad temper, at least keep an eye on him. If this cooperation fails, both of you should stop doing it!" Liao Tingxuan said with lingering anger.

"Director Liao, how much cooperation makes you so nervous? Lao Chang is your most valued general, are you really willing to get rid of him?" Lu Muhan chuckled.

"If the cooperation that can bring your Hongdu Copper Industry to a higher level is disrupted by Chang Yonggui, do you think I would be willing to get rid of him?" Liao Tingxuan still said bitterly.

"Ah! Isn't Zhiyuan Group engaged in mining machinery and equipment? How can we, Hongdu Copper, move to a higher level? Support us with a batch of open-pit mining equipment?" Lu Muhan asked in confusion.

"Zhiyuan Group defeated BHP Billiton, Rio Tinto, Sumitomo Metal Mining and other international mining giants, and obtained the mining rights of the Escondida copper deposit in Chile at a sky-high price of US$4.45. It wants to find a company to cooperate in mining the Escondida copper deposit. You Can it bring Hongdu Copper Industry to a higher level?" Liao Tingxuan then revealed the purpose of the foreign businessman's special trip to Southeast Province to inspect Hongdu Copper Industry!

Lu Muhan was secretly anxious and urged the staff to continue calling the places where Chang Yonggui might go...

At this moment, a staff member came in and reported: "Foreign businessmen have set off from the hotel and will arrive at Hongdu Copper Company in about 15 minutes!"

Liao Tingxuan glared at Lu Muhan fiercely before turning and going downstairs to greet the guests.

Liao Tingxuan was stunned when he saw the seven or eight people getting off the car. In his memory, Zhiyuan Group had never had such a big team to inspect a company. Not only Yang Mo led the team himself, Luo Binghui and him His assistant Han Xinyuan was also on the list, and there were a few new faces he didn't recognize.

"Director Liao, why are you here in person?" Yang Mo took two steps quickly, stretched out his hand and said with a smile.

Liao Tingxuan laughed and said: "Both Mr. Yang and Mr. Luo came here in person. How can I, Liao Tingxuan, be so ignorant of etiquette?"

"Why didn't you see Mr. Chang?" Under Liao Tingxuan's introduction, Yang Mo shook hands and greeted each other one by one. After a brief greeting, Yang Mo asked in surprise.

"Mr. Chang has something to do temporarily. Let's go take care of it..." Liao Tingxuan explained with an embarrassed look on his face.

A staff member quickly walked out of the administrative building, walked to Lu Muhan and said softly: "Secretary Lu, Dexing Copper Mine called, Mr. Chang went over there..."

"What's going on?" Liao Tingxuan asked with a frown.

Dexing Copper Mine is 200 kilometers away from Hongdu. Lu Muhan also knew that he could not hide it, so he could only walk to Liao Tingxuan and said with a low and wry smile: "Director Liao, I often go to Dexing Copper Mine. There is something wrong there. The situation is such that I won’t be able to come back for a while..."

"What's going on?" Liao Tingxuan asked with a livid face as he became inconvenient in front of the guests.

"The down-the-hole drilling rig of Northwest Heavy Machinery Factory had another problem yesterday afternoon. The technicians failed to fix it after tinkering for a long time, which has affected normal mining..." Lu Muhan explained.