Resource Tycoon Reborn

Chapter 545 Soaring Rare Earth Prices

On December 17, 1997, the International Monetary Fund and the Korean government formally reached an agreement. The International Monetary Fund would lend the Korean government US$57 billion, plus the original loan of US$3 billion, for a total of

US$60 billion to help South Korea survive the financial crisis! The Korean government had to bite the bullet and agree to the series of harsh conditions of the International Monetary Fund! With this loan of US$60 billion from the International Monetary Fund, South Korea

In the foreign exchange market, the stock market began to stabilize and even rose! South Korea's financial situation has eased. (

.)

However, Fang Mingyuan knew very well in his heart that if this financial crisis ended here, then people would be overly optimistic about its lethality!

The attention of international financial speculators has now turned back to Southeast Asia, and a new round of attacks is brewing!

At the same time, these international financial speculators are also eyeing two other countries in East Asia-Japan and Russia!

Japan has been in recession. After the attack, some domestic companies and financial institutions went bankrupt, and the Japanese yen experienced large fluctuations. However, due to its relatively complete financial system, it did not cause a recession like that in Southeast Asia.

This resulted in the collapse of China and South Korea. However, it also had some impact on Japan’s economy.

Although Russia is not as miserable as the Southeast Asian countries and South Korea, it is still shaken by the financial turmoil, and the ruble's exchange rate has depreciated significantly! But polar bears are not so easy to bully, and they will never be beaten without fighting back! The Central Bank of Russia

Immediately took a variety of measures to counterattack, such as expanding the floating range of the ruble against the US dollar, delaying the repayment of foreign debts and suspending government bond transactions, actively devaluing the ruble by 70%, etc. This series of actions undoubtedly caused the Russian stock market to

, the currency market fell sharply, triggering a financial crisis and even an economic and political crisis. The domestic situation was turbulent.

However, the sudden change in Russia's policy has also severely damaged the vitality of international speculators who have invested huge sums of money in the Russian stock market. As a result, the stock markets and foreign exchange markets of developed countries such as the United States and Europe have experienced comprehensive and violent fluctuations. If before this, the Asian financial crisis was still regional.

Yes, then, the outbreak of the Russian financial crisis shows that the Asian financial crisis has gone beyond the regional scope and has global significance!

Of course. These things all happened in 1998. Even though Fang Mingyuan was a butterfly flapping its wings inside, I believe it would not be possible to advance to 1997! Fang Mingyuan still had enough time to make plans!

What Fan Mingyuan needs to do most urgently now is how to face the situation where international financial speculators are returning their firepower to Southeast Asian countries. On the one hand, whether to continue to take the risk of being discovered by international financial speculators and continue to reap benefits, and on the other hand,

How to solve the upcoming tragedy in Indonesia!

Although Fang Mingyuan has made plans in advance, throughout history, there are countless examples of people’s calculations being inferior to God’s calculations! So Fang Mingyuan must also be prepared for backup!

In the past life, I don’t know how many experts have analyzed the reasons for the tragedy in Indonesia. Although there are traditional factors, the Asian financial crisis severely damaged the Indonesian economy and caused political instability in Indonesia. They are unwilling to withdraw from Indonesian politics.

Only the Suharto family would take the risk and take action!

In this life, Indonesia's economy has been devastated by the financial turmoil to an even greater extent than in Mingyuan's previous life, when these international financial speculators once again moved to Southeast Asia. [w.w.cm

|When I re-set the target to Southeast Asian countries, Fang Mingyuan didn’t know whether it would cause greater chaos! Although, Fang Mingyuan also understood that it was absolutely impossible to stop the international financial speculators with his own efforts.

Regarding the wave of attacks on the Indonesian financial market, he cannot sit idly by and ignore those people of the same clan!

As Christmas approaches in the United States, although the shadow of the Asian financial crisis hangs over the sky, people who have been busy for a year are still looking forward to the holiday. The streets of the United States are full of festive joy!

But among the senior executives of the American Moli Science Company, there is a lot of worry!

On December 21st, they received news that the British Severy Import and Export Company had reached an agreement with Huaxin Mining, a major exporter of rare earths in southern China, to purchase the goods from Huaxin Mining at a price of 1,200% of the market price.

Mining purchased 1,000 tons of rare earths!

As soon as this news came out, it was like dropping an atomic bomb on the international rare earth market! Not only did it disorient the domestic rare earth production companies in China, it also made the rare earth buyers in the international market miserable! No one could

I can’t figure out what went wrong with the British Severy Import and Export Company. How could it offer such a terrifyingly high price when the global rare earth market was in a downturn?

A transfer of corporate ownership occurred in Zhangzhou, a rare earth production base located in southern China. Moli Science Company also noticed it, but Moli Science Company’s main production area is in northern China, so it didn’t pay much attention to it. Moli Science Company

The popular science company also heard that Huaxin Mining seems to have had some disputes with the British Severy Import and Export Company. For this reason, senior officials from the British Severy Import and Export Company even came to Huaxia in person to negotiate with the new owner of Huaxin Mining.

.However, even if the British Severy Import and Export Company is in urgent need of rare earths, it is impossible to offer such an outrageous price!

After learning the news, Moli Science Company immediately contacted the British Severy Import and Export Company to confirm the news! However, why the British Severy Import and Export Company offered such a high purchase price is unclear.

!

The British Severy Import and Export Company is willing to offer such an outrageous price to purchase rare earths. Originally, it has nothing to do with the Moli Science Company. The senior management of the British Severy Import and Export Company is willing to be a prodigal, and it will not hinder the Moli Science Company.

!

But the chain reaction brought about by this incident was a headache for Moli Science Company! In December, it was Moli Science Company and Zezhou Mining, a major producer and exporter of rare earths in northern China, in 1998.

Rare earth supply contract negotiation time. As soon as the news came out, the negotiators of Zezhou Mining immediately suspended the negotiations!

Moli Science Company can fully imagine the impact of this news on Zezhou Mining! One thousand and two percent! That means twelve times the market price! Such an outrageous price naturally means that it is super high

What a huge profit!

Marx once said: "If capital has a 50% profit, it will take desperate risks. If it has a 100% profit, it will dare to trample on all the laws of the world. If it has a 300% profit, it will dare to commit crimes."

For any crime, you may even risk being hanged." And a thousand percent profit...I am afraid that the managers of these rare earth production companies in China will go crazy about it!

And these companies that import rare earths are having a huge headache!

Moli Science Company is one of the three major companies that imports rare earths from the United States to China. It is mainly responsible for ensuring the supply of rare earths needed by American industrial enterprises. For American military industrial enterprises, rare earths are what they need when they produce high-tech weapons.

An indispensable raw material!

The properties of steel and alloys added with rare earth elements will be greatly improved, and these steels and alloys can be used to manufacture spare parts for tanks, aircraft, and missiles!

For example, during the Gulf War, why was it that the main gun direct range difference between the Soviet T-72 tank equipped in Iraq and the American M1 tank was not large, but the former could always fire earlier and more accurately! That's right

Because the laser rangefinder equipped on American tanks can reach a sighting distance of nearly four thousand meters on a clear day! And the laser rangefinder on the T-72 tank can see about two thousand meters, which is considered very good. And here we are.

At night, the night vision devices equipped on US military tanks have become their overwhelming advantage!

In the production of this laser rangefinder and night vision device, rare earths are essential!

For another example, the Patriot missiles that stole the show during the Gulf War and astonished the world, shot down Scud missiles launched by Iraq many times, creating a historical precedent for missile defense. Before the Gulf War, for the whole world, missiles were used against ballistic missiles.

Missile defense has always been a concept that has not been tested in actual combat. In this war, the Patriot missile successfully intercepted and destroyed a Scud missile launched into Saudi Arabia. This was the first time an air defense system in the world

Shoot down an enemy theater ballistic missile.

In the following time, Patriot missiles also successfully intercepted Iraqi Scud missiles launched towards Saudi Arabia and Israel many times, making great contributions to the Americans' victory in the Gulf War.

After the Gulf War, the export volume of "Patriot" missiles increased significantly, and the United States also stepped up its deployment in Israel and other Middle East allies to improve the defense led by "Patriot". In a possible war with Iraq, the mission of "Patriot"

It is to keep an eye on the few "Scud" missiles in Saddam's hands to prevent the "Scuds" that can be equipped with biological and chemical warheads from hitting the targets of the US military and allies. At the same time, military industrial companies in various countries have also invested heavily in developing their own missile defenses.

system!

The anti-aircraft capabilities of the Patriot missile are also due to the presence of core components made of rare earths in its guidance system! It can hit high-speed incoming missiles!

The American Lockheed Martin Aeronautical Systems Company first made public in early 1997 and officially announced the F-22 new generation fighter nicknamed "Raptor". Its supersonic cruise function is because it has a powerful

Engine and light and strong fuselage! In the manufacture of its engine and fuselage, alloys reinforced with rare earths are used extensively. Otherwise, in supersonic cruise, the powerful power of the F-22 fighter engine will be

Enough to destroy itself!

Yes, in modern times, there are almost no weapons that can be called high-tech without the presence of rare earths. What’s even more deadly is that rare earths are often concentrated in the most critical parts of these weapons that turn decay into magic!

The reason why the U.S. military was able to overwhelmingly control the situation in several local wars after the Cold War and to openly kill the enemy without restraint was due to its superiority in the field of rare earth technology. And not only that, rare earths are also electronics, lasers, and nuclear weapons.

An essential lubricant for many high-tech industries such as industrial and superconducting industries.

Moreover, rare earths are not only used in large quantities in military industrial enterprises, but also in large quantities in civilian products in the United States. For example, rare earths are important and indispensable in fields such as permanent magnets, hydrogen storage, luminescence, catalysis, and polishing materials.

of raw materials!

The United States is also a country with considerable rare earth resource reserves in the world, accounting for 13% of the world's known reserves. However, in the 1990s, after China began to mine and export rare earths on a large scale, the United States stopped mining rare earths!

Because China mines rare earths without considering the resulting pollution to the environment and people, the cost of mining is quite low. According to calculations by Moli Science Company, for the same rare earth resources, even the mining and separation technology of the United States is far more advanced than that of the Chinese.

, the production costs of American companies are 50 to 80 percent higher than those of the Chinese! And the selling price of rare earths in China, including shipping and tariffs, does not even reach the production costs of American companies! So when it comes to rare earths

When product prices remain low, the United States naturally has no need to mine its own mineral deposits!

Moreover, due to the disorderly production and export of rare earth manufacturers in China, the supply of rare earths in the international market exceeds demand. Rare earths that are more expensive than gold are sold at a ridiculous price! Americans are also getting rich!

But! Moli Science Company never thought that the British took the wrong medicine and why they offered such an outrageous purchase price to Huaxin Mining! This undoubtedly broke the tacit understanding of various countries in the international community.

!

On the 22nd, another news came from China, which troubled the executives of Moli Science Company. Huaxin Mining actually announced that because the country wanted to rectify the rare earth production order in Zhangzhou, the company

At the same time, the current rare earth mining and separation equipment must be maintained and upgraded. Huaxin Mining's rare earth production next year will be reduced by 80%!

As the leading company in rare earth production in southern China, Huaxin Mining has always been a major exporter of rare earths in the south. After merging other rare earth production companies in Zhangzhou, it has accounted for 33% of the total export volume of rare earths in China.

Point four! It cuts production by 80%, which means that nearly a quarter of China’s rare earth exports next year will be gone!

This will undoubtedly further stimulate the market price of rare earths to rise!

And now, judging from the news obtained by Moli Science Company, China's rare earth companies have raised the market prices of rare earths one after another, and they are marketable but priceless. And those who are discussing next year's contracts with customers

Negotiators from various companies also suspended negotiations one after another!

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