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Text 1477. Digging into Death

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    This book is coming to an end at the end of the month. I would like to thank you all for your strong support, but now Ant¡¯s new book needs your support even more. Please take the opportunity to enjoy Ant¡¯s new book. Ant would like to thank all the book friends here!

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    James¡¯ words were simply not giving him any face. Mitsui Yoshiyoshi was so humiliated by his words and the sarcastic look on his face that his face turned red.

    What the hell, are you talking about business? The main thing is talking about one word. If you don¡¯t give me face now, can everyone still have fun together?

    "You can't say that, Mr. James?"

    "Then what should I say? Mr. Mitsui? The current price trend of iron ore is indeed very good, and it will be in a long-term rising stage in the next few years. But you and I both know why.  Isn't it because of the rapid growth of the big guy across the strait in recent years? But how many years can their growth posture last? Who can say accurately? And once they become the real largest acquirer, the issue of pricing power  , it is inevitable that the two sides will quarrel, and you and I both know that the iron ore business is a cyclical business. If it is like the Mitsui Zaibatsu, which has subsidiaries such as Toyota and Sumitomo Metal, or is a friend's company,  There is a long-term demand for iron ore, and it is easy to accept it. But the key is that in my hands, there is no such large company with long-term demand for metals, so my original purpose of making iron ore is to take it out.  Selling to those iron mills, but once the economic environment enters the non-invitation growth stage, what will the price of iron ore be like? I think you and I both know better. So what do you think? The iron ore business in your hands  . Is it comparable to the Dirham Oil Company I have?"

    James¡¯ words can be said to be heartbreaking, and he doesn¡¯t give any face at all. This is simply a slap in the face!

    It is true that the iron ore business has this kind of virtue. It is good for three years and bad for three years. It can even be said that most of the time it is not full.

    Before the rise of China, the demand for iron ore around the world was not very large.  Rio Tinto is a minor player, at best it is just a well-known mineral resources company.

    ¡°If it weren¡¯t for the fact that China¡¯s Steel Alliance was so incompetent, how could it have been Rio Tinto¡¯s turn to act arrogantly and kill them so many times?

    Before the rise of China, Rio Tinto, BHP Billiton, and Vale were the world's three well-known iron ore suppliers. At that time, the region that imported the most iron ore in the world was Europe, especially Germany. As a major manufacturing country, they  A large amount of iron ore powder needs to be imported every year.

    Mainly imported from these three iron ore companies.  When the manufacturing industry in Germany and Europe was still very popular, there was a huge demand for iron ore.  So these three companies flirted with each other and planned to jointly raise prices.

    ¡°What was the result? Wasn¡¯t it given a few big slaps by the Germans and other European countries?

    At that time, the Germans were angry at their shameless annual price increases and even unilaterally negotiated price contracts. In anger, they united with steel companies from several other developed countries in Western Europe and they all joined forces to establish a steel industry.  alliance.

    Didn¡¯t you increase the price?  Well, we will not import iron ore powder from you. You can go wherever you like. The Germans have turned around and begun to tap potential around the world, and even purchased large quantities of scrap metal to recycle in the chain.

    It stopped like this for a year. In the end, these iron ore supply companies couldn't stand it anymore and had to hand over the pricing power obediently. You have to sell whatever the price is, or it can be negotiated by everyone.  How can you raise the price just because you say it will?

    But the later Huaguo Iron and Steel Alliance was on the one hand too incompetent, and on the other hand there were internal intrigues and mutual subversion that were too serious. In the end, Huaguo became a lamb to be slaughtered in front of the three iron ore supplier alliances.

    Of course, this will happen a few years later. Now that Li Yifan knows it, who can say what will happen in the future?

    So when I think of what James said, even if Mitsui Yoshiyoshi wants to quibble, he has to admit that what he is saying is a fact. From the perspective of iron ore's market positioning and market status, it is absolutely impossible to compete with iron ore.  Oil companies are challenging it.

    "I want to use my controlling stake in the Rob River Iron Mine in exchange for the Dirham Oil Company in the hands of others. This is indeed a bit unreasonable.

    "Okay, Mr. James, then tell me a price and let me see if it's suitable?"

    Mitsui Yoshiyoshi knew that when things got to this point, he had completely lost the initiative in this negotiation because he had no chips in his hand that could make the other party interested.

    Next, you will enter an environment where the other party bids and you make the counteroffer yourself.?.

    "Well, actually, it's not that we can't accept this Luobo River Iron Mine"

    When James said this, his eyes rolled. The reason why he crazily belittled the Rob River Iron Mine just now was to get him a big discount.

    And Mitsui Yoshiyoshi also rolled his eyes at this time. Sure enough, you damn guy, okay, let me see what you want besides this iron mine.

    "Of course, just having this iron ore mine is definitely not enough. In this way, we can make a fair assessment and estimate the market value of the shares you hold in this iron ore mine according to market expectations. In fact, this is not difficult. I  I have probably done some market research before, and based on the current market response, the market value of your iron ore mine, especially the shares you hold, is probably between three and five billion US dollars."

    "It's five hundred million US dollars"

    Although he was very reluctant, Mitsui Yoshiyoshi had to admit that the guy opposite him was quite fair to the stock price of Luobohe Iron Mine.

    This iron ore mine is jointly controlled by them, Mitsubishi, Itochu, and Rio Tinto, and they hold the largest shares among them.

    They previously owned more than 40% of the iron ore mine, while Mitsubishi and Itochu Corporation held about 10% of the controlling stake, and the remaining 50% belonged to Rio Tinto.

    Logically speaking, Rio Tinto is the main controlling shareholder of this mine, but considering that Mitsui still holds more than 10% of Rio Tinto's equity, then the Mitsui Zaibatsu is actually the owner of this mine.  .

    This is also the smartest thing about the Japanese. In Australia, many iron ore mines are jointly controlled with Rio Tinto and BHP Billiton in this way.

    In iron ore mines jointly held with Rio Tinto, they generally hold 30 to 40% of the controlling stake, while in iron ore mines jointly held with BHP Billiton, their holding share is 10 to 10%.  Between five.

    ¡°But they will also compete for controlling rights in those iron ore mines by acquiring Rio Tinto or BHP Billiton¡¯s shares to become their shareholders.

    So, after so many years of infiltration, the Japanese are actually the real owners of Australia¡¯s iron ore mines. This is a bit exaggerated, but it is not an exaggeration at all.

    This Luobo River Mine is now the highest quality and most valuable iron mine controlled by Rio Tinto.

    First of all, it is relatively close to the coastline, and the surrounding railways and deep-water ports are very mature. Transportation is not a problem. Moreover, the iron ore here has high grade, huge annual output, and greater potential for deep excavation. Therefore, this iron ore  Mines are actually quite valuable.

    ¡°Especially if we wait a few years later, when China is engaged in real estate construction, automobiles, and high-speed rail, their demand for iron ore will be endless.

    Therefore, mastering such an iron mine will undoubtedly be a treasure for the future.

    What's more, the reserves of this iron mine can last for decades, and what it produces has always been high-grade iron ore with a grade of more than 50%. The current annual output is 32 million tons.  After expansion in a few years, the production capacity here will reach over 50 million tons per year.

    Such production capacity, even if half of it is used, can meet the needs of Li Yifan's own special metal smelting company in China, and even part of it can be sold to other steel companies on the market.

    So in fact, Li Yifan came to Japan this time just for the Luobo River Iron Mine. Of course, the dirham company is so hyped now that it is so valuable. Just an iron mine cannot satisfy his appetite.

    After all, if her dirham oil skills continue to develop at the current momentum, she may become a large enterprise with a market value of over 10 billion in any minute.

    ¡°What Mitsui has now taken out is only 33% of the shares of an iron mine. Adding in the 7% he obtained before, it is only 40% of the shares.

    Although this can guarantee that Li Yifan will become the largest controller of this iron mine, for him, these conditions are still not enough.

    Since you want to trick the Japanese, why don¡¯t you trick them to death?

    ¡° If God misses such a good opportunity, no matter what God says, Li Yifan will never forgive himself.

    "Okay, even if it's US$500 million, Mitsui, you're still far behind. In terms of cash, how much can you put out?"

    At this time, Li Yifan, whose pseudonym was James, no longer wanted to talk in circles with Mitsui, and asked directly.

    "Cash? Let me think about it How about 500 million?"?¡±

    Mitsui Yoshiyoshi thought about it for a long time, then took a long breath and said.

    "Are you kidding? Mitsui, or are you simply insincere? Mitsui Zaibatsu, as one of the top eight chaebols in Japan, now you want to buy my oil field, but you can't even come up with one billion in cash  ?¡±

    James¡¯s face suddenly darkened, and when Mitsui Yoshiyoshi saw his expression, his heart skipped a beat.

    "James, I am really not kidding, and this is also my greatest sincerity, because you have to know, after all, this is not my company alone!" (To be continued, please search Piaotian Literature, the novel is better and updated faster!
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