Resource Tycoon Reborn

Chapter seven hundred and twentieth stillbirth

A skinny camel is bigger than a horse. Although Rio Tinto Group Corporation has fallen into unprecedented difficulties in recent years, it is after all one of the world's three largest mining giants. It controls iron ore, gold mines, etc.

, aluminum ore, diamonds, coal and many other resources, and the importance of these resources to economic development is self-evident!

"Which projects do you want to sell?" *Vicci frowned. He also thought about selling some assets with poor returns to raise funds to help the company tide over the current difficulties. However, the global economic outlook is obviously not good.

Nowadays, it is not easy to sell assets quickly and sell them at a satisfactory price. Compared with this, he feels that it is better to find a way to clear the company's huge inventory.

In exchange for precious funds. But since Westbrook took the initiative, he didn't mind hearing Westbrook's ideas.

"The mining rights of the Simandou iron ore in Guinea!" Westbrook said without hesitation.

"Ah? Are you crazy? How can you sell that!" *Vicci exclaimed in surprise. The Simandou Iron Mine in Guinea is recognized as a world-class iron ore. Judging from the controlled and explored areas, its iron ore

Its ore reserves exceed 2.2 billion tons, and its total resources may be as high as 5 billion tons! The most important thing is that its overall ore grade is above 66%, which can be said to be among the best in the world! Yes

There is currently a rare high-quality large-scale open-pit hematite! Rio Tinto Group Company spent a lot of effort to obtain its exploration and mining rights from the Guinean government in 1996. It is estimated that after the mine is fully developed, the annual

It can produce 70 million to 100 million tons of high-quality iron ore. It can be said that this is one of Rio Tinto Group's best assets to be developed!

"I'm not crazy! I have a clear mind!" Westbrook poured himself a cup of black tea and drank it. "We obtained the Simandou Iron Mine in Guinea in 1996, and now it has exceeded

Twelve years, and according to the agreement we signed with the Guinean government, we should have started developing the Simandou iron mine long ago. Otherwise, we would have to pay a high fine for it. I calculated it, and it was almost more than 700 million.

U.S. dollars! And the news I just received is that the Guinean government is already dissatisfied with our delay in developing the Simandou Iron Mine. Either it may impose a fine on us, or it may forcibly take back the Simandou Iron Mine.

Mining rights!”

*Vicci took a breath. He knew that Westbrook had some connections in West Africa and Guinea. Since he said this, it is very likely to happen. If we talk about the mining of Simandou iron ore

The rights were taken back by the Guinean government, which means that all the initial investment of the Rio Tinto Group was wasted. However, the fine of more than 700 million US dollars was not a small sum even for the Rio Tinto Group at its peak! What's more, it is now

! He finally understood why Westbrook proposed to transfer the mining rights of Simandou Iron Ore in Guinea. This will be in 2009 soon, unless Rio Tinto Group Company immediately starts mining the Simandou Iron Ore in Guinea.

Otherwise, it will be difficult to appease the Guinean government! Just based on the current price of iron ore in the international market, excess production capacity, and the current poor financial situation of Rio Tinto Group, it will be difficult to develop the Simandou iron ore in Guinea.

It’s courting death!

Westbrook said: "I have calculated that the total investment in the development of the Simandou iron mine in Guinea is estimated to be more than 10 billion US dollars, and the initial investment will be billions of dollars, and the time is quite tight..."

*Vicci couldn't help but feel a headache. Guinea is located on the west coast of West Africa, facing the Atlantic Ocean. It is one of the least developed countries declared by the United Nations. Although it has a population of more than 10 million and an area of ​​more than 200,000 square kilometers, its GDP is 2.

In 2007, it was only 4.8 billion U.S. dollars, and the per capita GDP was about 400 U.S. dollars. The economy is mainly based on agriculture and mining, and the industrial base is weak. Food is not self-sufficient. Most consumer goods are completely dependent on imports. Bauxite,

Exports of coffee, cocoa and rubber are the backbone of Guinea's economy, and its balance of payments is seriously imbalanced.

Moreover, the political situation in Guinea is not stable. Although it calls itself a republic, it has a tradition of military coups. Moreover, the current president, who has been in power for more than 20 years, is 74 years old. It is said that he is in poor health and is very likely to die.

After his recent death, no one can say whether there will be another turmoil in Guinea's political situation. At this sensitive time, investing billions of dollars in Guinea, even if Rio Tinto Group Company has no financial problems now, must be cautious and cautious.

, if there is a slight mistake, hundreds of millions or even billions of dollars of investment may be wasted.

Westbrook waited for Vicky to digest the information, and then he solemnly said: "Chairman, the mining rights of the Simandou iron ore in Guinea are in our hands. It is no longer our reserve resource, but a resource that we don't know when.

It’s a bomb that will explode. Instead of holding it and watching the company decline day by day, it’s better to just throw it out and watch them grab it!”

Although the Simandou Iron Mine is located in the interior of Guinea, Guinea's infrastructure is quite dilapidated. Not to mention railways, there are not many decent roads. If you want to transport the mined iron ore to the international market, you have to

Building a railway more than 600 kilometers long and a decent port... Such a large investment is absolutely impossible for Rio Tinto Group Company to implement at this time, and it is impossible to pass it on the board of directors.

However, the Simandou Iron Mine in Guinea is a world-renowned open-pit high-quality hematite. Although iron ore prices are sluggish in the international market today, who dares to say that iron ore prices will not rise in the next five or six years.

It has risen again. After all, the economic crisis will not last forever. When the economy improves, the demand for iron ore will definitely rise. Therefore, Westbrook believes that as long as he brings the Simandou Iron Mine in Guinea

If word gets out that the mining rights are being transferred, there will definitely be a large number of mining companies surrounding it like sharks smelling blood.

As far as he knows, Brazil's Vale and Israel's BSG have both shown strong interest in the mining of Simandou iron ore, and... they have also shown strong interest in acquiring iron ore resources in recent years.

Top Chinese enterprises! I believe that with the competition among these enterprises, the mining rights of Simandou Iron Mine in Guinea can be sold at a good price!

*Vicci pondered for a moment, shook his head slightly and said: "Isn't this your main purpose? How much is the mining right to the Simandou Iron Mine in Guinea worth, even if it is sold at a high price?"

"Hehe, as expected, it has not been hidden from your wise eyes, Chairman!" Westbrook said with a smile, "The company's stock price has been declining. Although the company's performance this year is sluggish, debts are high, and losses have occurred, etc., but I think

, these reasons have not caused the company's stock price to fall all the way to the current level, there must be other reasons behind this! I'm afraid someone is secretly acquiring our company's shares." *Vicci nodded slowly, he also had

Such a feeling.

"So I decided to put this project forward. It will definitely attract the attention of many mining companies and give them something to do!" Westbrook said, "At the same time, we have to speed up negotiations with Huaxia Aluminum Co., Ltd.

, only by signing a contract with them can we effectively prevent our stock price from continuing to decline. And I think we might as well come up with two projects to cooperate with Huaxia Aluminum Co., Ltd., which can stabilize the hearts of shareholders

, and secondly, you can also recover part of the funds.”

*Vicci looked at Westbrook for a while, then smiled and said: "The two of us must first convince the other members of the board of directors."

"I believe it won't be easy to convince others with your prestige as chairman?" Westbrook breathed a sigh of relief. As long as he can get the support of Vicky, things will be much easier to handle, and in this way,

His position as president will also be much more stable.

On December 26, the United Nations Security Council unanimously passed a resolution confirming that the term of the US-led multinational force in Iraq will end on December 31, 2008.

On December 27, the Iraqi Presidential Council approved the Agreement on the Status of U.S. Forces in Iraq. According to the agreement, U.S. troops will withdraw from Iraq before 2012. On the same day, the Guinean government announced the death of the current president. The next day, a

A group of military officers launched a coup, announced the dissolution of the Guinean government and all state institutions, and suspended the implementation of the Guinean national constitution!

On December 29, the African Union issued a statement announcing the temporary suspension of Guinea's membership in the African Union until constitutional order is restored in the country.

Looking at the news from Guinea, Westbrook was on the verge of tears. There was a coup in Guinea at this time. How could he announce the transfer of the mining rights to the Simandou iron ore in Guinea? A country that is in turmoil and still under a military government.

Who is willing to make large-scale investments? If you are not careful, all the investments may be in vain! Moreover, the Guinean government and state institutions have been disbanded, which also caused the loss of Westbrook's contacts in Guinea!

Time has entered 2009! Fang Mingyuan returned to Fengyuan Pingchuan Ancient City on the evening of the last day of 2008 to spend the New Year with his family. Before him, Aso Xiangyue, Uda Mitsuri, Lin Lian and other women also

One after another flew back to Fengyuan from various places, and the Fang family courtyard in the ancient city was filled with laughter and laughter for a while.

On January 1st, Fang Mingyuan slept until about ten o'clock in the morning. Then he woke up. There was no beautiful woman beside him. Fang Mingyuan looked out the window, and then sat up in surprise. I don't know when, there was already floating outside.

snowflakes.

"Auspicious snow heralds a good year!" Fang Mingyuan put on his clothes and stood on the steps in front of the door. He looked at the fluttering snow flakes and took a deep breath. He felt that he had overcome the jet lag and his whole body was very energetic.

.After running outside for so long, how can I feel comfortable at home?

"Are you awake? Then wash up quickly and come over for breakfast." Zhao Ya came out of nowhere and greeted him.

Although it was already half past ten, Fang Mingyuan was not the only one sitting in the restaurant eating. Apparently everyone went to bed early last night. Fang Mingyuan was drinking soy milk and watching the news casually.

“On January 1, the State Council decided to implement the reform of taxes and fees on refined oil products, canceling the road maintenance fees, waterway maintenance fees, road transportation management fees, highway passenger and freight surcharges, and waterway transportation management fees that were originally levied in addition to the price of refined oil products.

There are six surcharges for water transportation of passengers and freight." The host's voice came from the TV.

"Oil prices are going to rise again this time!" Yu Rui, who was sitting next to Fang Mingyuan, bumped his shoulder and laughed softly, "Is Pingchuan Petroleum Group Company going to make money again this time?"

The cost of refining oil is lower than that of the three major domestic oil giants, so when selling, it often gives larger profits to the retail end. In addition, the oil products are relatively good, so sales have not been a problem.

"But the international market price of oil is still falling, and our offshore oil exploration in Brazil is already close to the cost price." Fang Mingyuan said with a wry smile. Fortunately, Pingchuan Petroleum Group Company's offshore oil exploration in Brazil has not had a large impact so far.

Large-scale exploitation, otherwise, when the international market price of oil drops below forty dollars, the more he exploits, the more money he will lose! If he hadn't known that the market price of oil would rise again in the future, otherwise the economic crisis would have erupted.

If you have enough money, go to the Middle East or Russia to cooperate in developing oil fields, and the cost will be lower than developing offshore oil fields.

"Didn't you sell part of it to South Korea's GS Group Company?" Yu Rui asked, "I guess they are the ones who want to cry, right?"

Fang Mingyuan shrugged and said: "Zhou Yu beats Huang Gai. Anyone who wants to be beaten is willing to suffer. Don't just watch the thieves eat meat and not watch the thieves get beaten!" When he transferred part of his equity to GS Group Company, international oil prices were still on the rise.

, has not yet reached a historical high, so Xu Changxiu has nothing to complain about. And how important oil resources are to South Korea, which is almost an oil-free country, it goes without saying that we cannot simply earn money

I have not made any money to measure the success or failure of the transaction. If I tell Xu Changxiu now that I intend to transfer other shares in the Brazilian offshore oil fields, even if I offer a high price, I am afraid Xu Changxiu will seriously consider it and take over the deal as much as possible.

"How can you say that you are a thief? Don't teach your children such nonsense!" Yu Rui glared at him angrily and said, "By the way, there is something I want to ask you. What do you think about Asia Television Co., Ltd. in Hong Kong?"

Are you interested? I heard that some shareholders are interested in transferring their shares." (To be continued.)

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