The Industrial Giant Reborn

Chapter 427 The Value of Billion-Ton Iron Ore

"1.25 billion tons of iron ore?" The three people next to them were shocked when they heard this figure. No matter what kind of mine, as long as the reserves reach the level of 100 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 1990s 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, because of its greater reputation, is the core mining base of the future mining giant AMG. It is the most convenient to find, and it is normal to be the first to be found.

"Okay, Mr. Chen." Zhou Jiayang nodded and said, Hehuang's investment in the mining industry added up to nearly 100 million US dollars. If it weren't for the group's high-return income in other fields, it would really be impossible to support it. 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 converted into cash.

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 100 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 Baosheng for reminding me." Chen Zhiwen said with a smile, of course he knew this.

Seeing that Chen Zhiwen had his own business, and their purpose of coming here was almost the same, the three of them took their leave 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 are so high that they may eat up most of our profits." Zhou Jiayang said helplessly. This is the essence of business. After the lifeline, a normal capitalist will try his best to squeeze other people. A hundred years ago, this was the case in many civilian product industries. Later, the anti-monopoly law was born at the national level, suppressing these companies, but the mutual exploitation of commercial companies , then the government can't control it.

"So, we have to borrow other people's channels for this mine to be slaughtered, or we can only build the railway network and port by ourselves, or we can resell it or sell part of it to form a joint venture with others." Chen Zhiwen said calmly. He expected it.

"So, we have to borrow other people's channels for this mine to be slaughtered, or we can only build the railway network and port by ourselves, or we can resell it or sell part of it to form a joint venture with others." Chen Zhiwen said calmly. He expected it.

"We build railways and ports by ourselves, and the investment cost is too high. We also need to calculate the development cost of the entire iron ore, and if the international iron ore price falls in the future, then we will definitely lose money. Continue to invest in mining in Theo, and build a set of our own entire industrial chain and transportation chain." Zhou Jiayang thought for a while and said.

"In the future, the price of iron ore, I guess, will still rise, but it is unrealistic for us to do it alone, and the price/performance ratio is too low. We should find a way to cooperate with other capital, either sell it all or make a 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 relatively long history. These are the few winners left after a large number of eliminations. At the same time, this industry needs sufficient background to operate. It is impossible to enter the market smoothly by relying on strong 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 1980s 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, let's just wait." Chen Zhiwen nodded and said. In the 1980s, the global iron ore price was relatively stable, around 20 US dollars per ton. The low-grade ones were cheaper, and the high-end ones were more expensive. In places that are too remote, the development of iron ore is profitable, especially in many countries in Asia. The economy is developing very well recently, and once the economy is good, the demand for iron ore will increase. After all, a large number of infrastructure, housing Both require steel. As long as you have a high-quality iron ore deposit in your hand and the location is not bad, then you don’t have to worry about no major mining companies taking the bait, unless the world’s iron ore giants cooperate to suppress themselves, but that is obviously impossible. They are all competitors, and it is difficult to get together for an iron 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 1 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 25 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 have begun to pay attention to Hutchison, 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 a hundred years ago. It is blind and completely dependent on luck. For the modern prospecting industry, it is simply too stupid.

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 30 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 be lived in. Naturally, even if it is so, it must be sold, at least a part of the shares. Then whoever can give himself the highest value will sell it to whomever.

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