Resource Tycoon Reborn

Chapter 690 Repaying the body of others with the way of others

November in Australia is the best time of the year. Spring has not passed yet and summer is about to come. Compared with the ice and snow in the northern hemisphere, Australians living among the singing of birds and the fragrance of flowers can be said to live in a happy paradise.

It's just that at the headquarters of the world's mining giant Rio Tinto Group in Melbourne, the staff found that the company's top managers seemed to be in a bad mood these past few days, and all of them had gloomy faces, as if someone owed them money!

In just a few days, no less than 20 staff members were reprimanded for some trivial matters! Some even in public places! This abnormal situation has caused a lot of laughter and laughter to be lost in the Melbourne headquarters.

!

John McMahon Fraser, the head of the Rio Tinto Group's Melbourne headquarters, a fifty-seven-year-old British man, was pacing around the office irritably! Although he already knew that the company's top management

The cadres' abnormal behavior in the past few days has affected ordinary employees in the company, but he really has no intention to care about it now!

Just four days ago, they had just received news that the Russian Norslik Group Company was secretly in contact with the Australian Western Mining Company and intended to acquire 47% of the shares of the Australian Western Mining Company!

Russia's Norslik Group Company is a group company established after the disintegration of the former Soviet Union. It consists of itself and many of its subsidiaries. The president of the company is said to be a beautiful Japanese woman! The company's business covers many parts of the former Soviet Union.

Franchise country. The company is mainly engaged in surveying, prospecting, mining, beneficiation and smelting of non-ferrous metals, production of non-ferrous metals and precious metals, and production and sales of non-metallic ores. It is one of the major producers of non-ferrous metals and precious metals in the world.

In the territory of the former Soviet Union, there are quite abundant sources of raw materials.

Although the total assets and position in the world's mining industry are not as good as those of mining giants such as Rio Tinto Group, BHP Group, Billiton Group, and Vale, its strength should not be underestimated!

The Australian Western Mining Company is a state-owned mining company in Australia. It owns two iron ore mines in Western Australia with a total reserve of 780 million tons. Due to poor management of the company's management, it is difficult to control the company's costs. These

In recent years, the profits that can be obtained have become less and less. After the outbreak of the Southeast Asian financial crisis in 1997, due to the shrinkage of the world iron ore market, it is even facing a loss. Rio Tinto Group is committed to acquiring it.

Negotiations with the Australian government and Western mining companies have been going on for more than a year, and the differences between the two parties are gradually being bridged!

But just at this time, news came that Russia's Norslik Group Company intended to interfere. How could they not make the company's top executives angry?

Rio Tinto Group is actually not too worried that Australia's Western Mining Company will be acquired by a Russian company. Although it has considerable strength, it wants to be in Australia, a country where Rio Tinto Group has been operating for decades.

Seizing food is not that easy! Rio Tinto Group believes that it has all kinds of means and methods to make this polar bear return to the north!

However, even if the Rio Tinto Group has enough confidence that Australia's Western Mining Company will fall into its hands, they can't change one thing. That is the sudden appearance of the Norslik Group Company, which caused the Rio Tinto Group to acquire Western Mining Company.

There have been huge changes in the mining company's plans!

Not to mention that there is one more competitor, and Norslik Group only requires 47% of the shares. In this case, the Australian government can still retain 53% of the shares, which is not so good for the country.

For the Australian government, which is willing to sell the company, it is undoubtedly very tempting.

And to take a step back, even if the Australian government is not optimistic about the Norslik Group Company, it can still take this opportunity to increase the selling price again! Rio Tinto Group's acquisition will undoubtedly cost more money and time!

The management staff of the Melbourne branch of the Rio Tinto Group headed by Fraser simply cannot understand this decision of the Norslik Group Company! Although Australia's Western Mining Company owns two iron ore mines with rich reserves.

There is no shortage of iron ore reserves in Russia and the former Soviet republics. How could the Norslik Group Company travel half way around the world to Australia to grab resources? Isn’t this just eating too much? Isn’t this enough? With this kind of effort, it might as well be

Think about how to find new mines in Russia. But the confusion is still confusion. The anger is anger. What has happened has happened, and Fraser has to find a way to solve it.

This is an eventful spring! First, the Fang family planned to develop the Calazo mining area, but was suppressed by Rio Tinto Group, BHP Group, and Billiton Group. Unexpectedly, the Fang family showed no signs of withdrawing from the Australian market. Polar Bear

Jumped out again! And he seized the key point of Rio Tinto Group as soon as he took action!

In particular, Rio Tinto Group is not without rivals in Australia. BHP and Billiton, which have been rumored to merge, are Rio Tinto Group's biggest rivals in Australia! BHP is Australia's oldest and largest company.

, has a diversified mineral portfolio, including metals, oil, gas and steel, and is known for its continuous development of new businesses in Australia and abroad; while Billiton has a best-in-class portfolio of metals and other resource assets, including manganese,

Aluminum, thermal coal, etc., through acquisition, expansion and development of new projects, are known for innovation and strict cost control in the global mining field. It can be said that the two companies are highly complementary businesses.

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