Resource Tycoon Reborn

London in November is cold and rainy, with sunny days and the daily maximum temperature reaching over ten degrees, which is considered a very good weather.{〔((〔网

"I hate the gloomy and humid weather in London. It makes me feel like I smell musty from the inside out!" Kenan Westbrook, president of Rio Tinto Group, looked at the gloomy sky outside, and

The pouring rain muttered. Although three days ago, the European Commission officially rejected BHP Billiton Group's application to acquire Rio Tinto Group, which made everyone at Rio Tinto Group breathe a sigh of relief.

However, the poor international iron ore market situation made Westbrook's mood still feel like the weather in London, where sunny days are rare.

2008 was an extremely bad year for Westbrook. First, BHP Billiton Group Company launched an acquisition of Rio Tinto Group Company. Although Rio Tinto Group Company repeatedly rejected BHP Billiton Group Company's request,

However, BHP Billiton Group Company has been struggling like the legendary Chinese dog-skin plaster, proposing new acquisition conditions again and again. In order to avoid the fate of Rio Tinto Group Company being acquired, Westbrook has racked his brains and occupied

cost him a lot of energy and time.

The iron ore price negotiations in 2008 had even more twists and turns. The lack of cooperation among the three East Asian countries made it difficult to reach an agreement on the iron ore price negotiations. This also affected the performance of Rio Tinto Group Company, and until the end

, but it allowed the Brazilian Vale Company to take advantage and reach an agreement with China first. Although Rio Tinto Group Company and BHP Billiton Group Company have repeatedly fought, they were unable to change the situation and in the end they could only grit their teeth and accept the result.

And this is not the worst part. As China vigorously rectifies the steel industry, sorts out the qualifications of iron ore import companies, eliminates backward steel production capacity, and the establishment of Huasheng Group Company, it represents many domestic iron ore companies that have not signed contracts with China.

Due to the influence of many factors such as the import of iron ore by steel companies under the long-term cooperative mining agreement, the intensification of the US subprime mortgage crisis, and the unfavorable prospects for world economic development, the demand for iron ore by global steel companies has declined significantly.

This has caused a sharp decline in the market price of iron ore, and even the price of Hechangxie Mine has experienced an inversion that has never been seen in recent years. This has caused the global iron ore including the three major mining companies to decline.

Production companies have experienced a sharp decline in performance.

However, BHP Billiton Group Company has signed a large iron ore sales order with Seaburg Steel Group Company this year, and Brazil's Vale has signed a large iron ore sales order with Huasheng Group Company. Only Rio Tinto Group Company is empty-handed.

This puts Westbrook under great pressure on the company's board of directors.

The sharp decline in performance has naturally caused Rio Tinto Group's performance in the British and Australian stock markets to be extremely poor, and the stock price has dropped significantly. However, even so, he still has to focus a considerable part of his energy on dealing with BHP Billiton Group.

Regarding company acquisitions. Although the European Commission rejected BHP Billiton Group's application to acquire Rio Tinto Group, it still cannot be said that the matter has been settled. As far as he knows, BHP Billiton Group is still planning its next move.

A round of acquisitions. Although the total assets involved in this acquisition have been reduced to only 60 to 70 billion US dollars compared with the beginning of the year, almost cut in half.

Westbrook believes that the peers of BHP Billiton Group are also in a dilemma at this time and have to bite the bullet and continue. Otherwise, their applications for the acquisition of Rio Tinto Group will be approved by governments of various countries.

, all the efforts made were in vain, and the losses were hundreds of millions of dollars! Who will bear the responsibility for such a big loss?

"These bastards have come to this point, and they still don't know how to stop!" Westbrook cursed bitterly. They didn't even look at it. Even the merger of Brazil's MM Company and Australia's Haiping Mining Company, until now, has

There has been no substantial progress, and the relevant departments of the Australian government are still slow to grant approval. BHP Billiton Group's acquisition of Rio Tinto Group undoubtedly has larger assets and greater influence. How can it be easily approved by the European Commission?

Westbrook hates the management of BHP Billiton Group Company with all his teeth. If they hadn't jumped out and insisted on acquiring Rio Tinto Group Company, how could Rio Tinto Group Company's performance have been so dismal this year? How could Brazil have been so miserable?

Vale has become the biggest profiteer!

"President, **Chairman Vicki's phone number!" the personal female secretary said to him softly, "I told you that I have something important to inform you."

"Huh?" Westbrook frowned slightly, took the mobile phone handed over by the female secretary and said, "Chairman, what happened?"

Wilt *Witch was sitting in the Rio Tinto Group headquarters building in Melbourne, looking at the blazing sun outside, and chuckled: "Kenan, let me tell you some news, maybe it will make you feel better.

I just received a call from the chairman of Huaxia Aluminum Co., Ltd. He said that they are very interested in taking shares in us and hope to increase the shareholding ratio of Huaxia Aluminum Co., Ltd. in our company. I have promised him,

We ask him to send someone to negotiate with us as soon as possible in the near future." Westbrook was startled, and then he was overjoyed. This is the end of a long drought. If Huaxia Aluminum Co., Ltd. intends to improve its strength

The shareholding ratio of Rio Tinto Group Company is undoubtedly good for the currently struggling Rio Tinto Group Company.

"How much equity do they want?" Westbrook asked.

"At least ten percent! That means the total shareholding reaches 12.4%." **Vicci tutted, "I really envy them. I have seen the performance of Huaxia Aluminum Co., Ltd. last year, and the profit was also

It’s just over 20 million US dollars. If it stays at this level, this investment will be enough for them to make money for hundreds of years.”

"Haha, behind Huaxia Aluminum Co., Ltd. is the Chinese treasury! Tens of billions of dollars is a huge sum of money for a company, but for the treasury of a large country with the highest GDP ranking in the world, it is nothing.

." Westbrook sneered, "But do you think the Australian Investment Approval Committee can approve their approach?" Rio Tinto Group's 10% shares, plus China Aluminum Co., Ltd., originally held

2% of the shares and 12% of the shares have ensured that Huaxia Aluminum Co., Ltd. will become a member of the board of directors of Rio Tinto Group and even be ranked among the top three shareholders. Huaxia Aluminum Co., Ltd.

As a Chinese state-owned enterprise, it will definitely make other shareholders and some people in Australia feel uneasy.

"It doesn't matter whether the Australian Investment Approval Committee approves it or not. What's important is that at this time, China Aluminum Co., Ltd. is willing to take a stake in our Rio Tinto Group Company!" **Vicci's laughter came from the phone.

Westbrook was startled for a moment, and couldn't help but laugh. He was indeed thinking too much. Regardless of whether the Australian Investment Approval Committee finally approved the behavior of Huaxia Aluminum Co., Ltd., at least when the news got out, it would be beneficial to the promotion of investors.

Confidence in Rio Tinto Group Company will have great benefits in changing the current situation of Rio Tinto Group Company! Think about it, Huaxia Aluminum Co., Ltd. is a large state-owned enterprise in China. As a shareholder of Rio Tinto Group Company,

In China's iron ore trade, can we still take advantage of it? Those who are worried that China Aluminum Co., Ltd. may seize power in the future are the major shareholders. Those ordinary investors don't care about this. They only know that this will make Li

Tuo Group Company has an advantage in the iron ore trade with China, which is enough. Today, China is the largest customer in the iron ore trade, accounting for nearly half of the global iron ore overseas trade!

"Is Huaxia Aluminum Co., Ltd. discussing with Rio Tinto Group to become a shareholder?" Fang Mingyuan's eyebrows immediately wrinkled.

"Yes, although it has not been announced publicly, it is no longer a secret among the upper class here." Angelina chuckled, "The acquisition of Rio Tinto Group has caused a sharp decline in performance this year. Among shareholders,

The dissatisfaction with the management is about to explode publicly. Huaxia Aluminum Co., Ltd. is going to acquire a stake in Rio Tinto Group Company. Such good news should not be faked." As long as anyone who cares about this kind of thing asks Huaxia, they will be sure.

You can see some clues.

Fang Mingyuan secretly cursed in his heart that Huaxia Aluminum Co., Ltd. wanted to enter the Rio Tinto Group in a big way. Under his strong intervention, it only spent US$2.4 billion to buy almost 2.0% of the shares.

Their original plan was to use tens of billions of dollars to acquire about 12% of Rio Tinto Group's shares in the British stock market. However, after almost a year, the value of these shares has dropped by four percent.

One percent, that is, a loss of 600 million US dollars!

As far as he knew, the European Commission rejected BHP Billiton Group's acquisition of Rio Tinto Group Company. The condition was that BHP Billiton Group Company must divest its iron ore and coal assets in order to acquire Rio Tinto Group Company. This

This condition is undoubtedly unacceptable to BHP Billiton Group Company. The current global economic situation has become increasingly clear, and the economic crisis can be said to be imminent. The demand for iron ore by global steel companies has also shrunk significantly.

Whether it is BHP Billiton Group or Rio Tinto Group, the stock prices have declined significantly, and Rio Tinto Group still has tens of billions of dollars in liabilities. In this case, Fang Mingyuan did not know about this acquisition in his previous life.

The final result of the case can also be seen that it is no longer possible for the BHP Billiton Group to forcefully continue to acquire the Rio Tinto Group! The shareholders of the BHP Billiton Group cannot burden the company with a heavy burden before the onset of a large-scale economic crisis.

Debt, so it can be said that it will be a matter of time for BHP Billiton Group Company to give up the acquisition.

Once BHP Billiton publicly announces that it will give up the acquisition, among the three major mining giants, Rio Tinto Group will be heavily in debt due to its previous acquisition of Alcan, and Rio Tinto Group's share price will definitely fall sharply. Fang Mingyuan is very optimistic about Rio Tinto Group.

However, he had long been interested in the shares. Huaxia Aluminum Co., Ltd. suddenly became involved at this time, which undoubtedly had a boosting effect on the stock price of Rio Tinto Group. He did not know that Huaxia Aluminum Co., Ltd.

It’s not that I didn’t see this, so I stepped in at this time and caused trouble for myself. And the harder the stock price of Rio Tinto Group Company falls, the easier it will be for me to acquire shares of Rio Tinto Group Company in the market!

However, he cannot force Huaxia Aluminum Co., Ltd. to give up its shareholding. After the sharp rise in iron ore prices in recent years, the domestic emphasis on iron ore supply can be said to have reached a strategic level. Huaxia Aluminum Co., Ltd.'s shareholding power

Tuo Group Company can be said to have a political mission, in order to ensure that the country has enough say in the iron ore market. Under this situation, losses in the short term are no longer within the scope of consideration. Moreover, more

The important thing is that the actual controller of Huaxia Aluminum Co., Ltd. does not belong to their side. When he forced Huaxia Aluminum Co., Ltd. to abandon the large-scale acquisition of shares in Rio Tinto Group, the other party was already quite dissatisfied.

.If we intervene now and do not let Huaxia Aluminum Co., Ltd. get involved, but do it ourselves, I'm afraid there will be big objections. Of course, we don't expect them to help with many of the Fang family's domestic affairs.

But I never want them to stand on the opposite side.

Fang Mingyuan couldn't help but feel a headache. This is someone who is not afraid of opponents who are like gods, but teammates who are like pigs. It is really not a good thing for Huaxia Aluminum Co., Ltd. to get involved at this time.

"Grandpa is awake, let's go over now." Angelina took Fang Mingyuan's arm and said softly.

"Yeah." Fang Mingyuan nodded. He could only put the matter of Huaxia Aluminum Co., Ltd. aside for the time being.

The two of them left the room and went to old Welf's bedroom, where they met Philip George Ruger Anderson Welf.

"Dad, how is grandpa doing?" Angelina asked softly.

"I feel better than yesterday, but the doctor said that I still need to rest for a while." Philip glanced at Fang Mingyuan and said, "Fang, I'm waiting for you in the living room. I have something to talk to you about. And don't talk to the patriarch.

Those annoying things."

"Ah? Okay, I understand." Fang Mingyuan nodded. (To be continued.) 8