The company's management basically took the fave in advance and came back.

Li Tang held a mobilization meeting and said some encouragement.

Li Xinqi is still on vacation abroad. He cannot hand it over to Li Xinqi's gifts entrusted by his parents, so he has to hand it over to Zhou Zhihan.

Pan Yuexing and a technical team also came to Yanjing early, and there was no mistake in going abroad procedures and project preparations.

They boarded the plane and headed to Feizhou Keinea.

The Ximendu iron ore exploration project made a slow progress in the early stage because there was no geological data.

However, the process of mineral exploration did not have many twists and turns.

Many of the hematites with a grade of more than 60% are exposed to the surface and are clearly visible.

Moreover, the geophysical exploration equipment has a very obvious inversion effect on such large-scale hematite.

Walking north from Ningbai Mountain, along the strata of the ore strata, all the way north, you can almost find continuous ore-forming belts.

However, the prospecting rights of the No. 3 and No. 4 mining areas south of Ximendu Iron Mine are still under the name of Xinfei Company, that is, Lituo.

They can only conduct prospecting in mine areas 1 and 2 closer to the north.

Pan Yuexing and others, who have encountered many obstacles in search of various mineral resources in China, understand the most. In China, in the 1960s and 1970s, a large number of geological predecessors had measured the land of the motherland over and over again with their steps.

Where mineral deposits can be easily found, there will be almost no missed.

Nowadays, when looking for minerals in the country, you must have advanced technology and unique mineral exploration ideas to make it possible to find another bargain.

However, on the land of Caineya, if you walk around the mountain by your mouth and use instruments to measure the reddish-brown weathered rocks, you can easily find ore layers containing more than 60% iron!

No wonder Azov is known as the "geological miracle", which is the land that has been kissed by God!

Not to mention the overall reserves of bauxite, which is the world's leading bauxite, in this small country, there are two world-class high-grade iron ores, Ningbaishan Iron Mine and Ximendu Iron Mine!

If their management has strategic development ideas, cultivates their own exploration team, explores and masters the mining rights, and devotes themselves to the development.

Any mining rights are enough to make this country rich!

Unfortunately, this is one of the best countries in the world with a corruption index!

This is a country with the highest poverty index worldwide!

Their finances need to rely largely on ulterior motives from Western countries.

In just three months when Li Tang really came here to carry out exploration work, people from the mining and geological departments in Cabernet Asia almost never inquire about the progress of the exploration project or technical issues.

This is unimaginable in the country.

However, local departments and officials at all levels are very concerned about Li Tang, the boss from China.

The government needs to purchase office desks and chairs, so they will come to Li Tang for help.

Some villagers nearby were sick and had no money to treat the disease, so they came back to Li Tang to donate money.

Even the herder's goats were lost or stolen, they came to Li Tang to compensate for the losses.

You don't know what reason they use to reach out to you.

Fortunately, these local officials have never seen any big world. They often reach out, but they don’t have a big appetite. They can even send them away for one or two hundred yuan each time.

If you get used to these things, you will get used to them.

One day they didn't come, Li Tang felt that there was something he hadn't done today and was feeling empty.

Of course, these little troubles did not affect the exploration team's good mood.

The living environment here is really bad, but if you can find more hematite every day, you will feel a sense of accomplishment in your heart.

...

"The spot price of standard-grade iron ore has exceeded 60 magnesium per ton!" Yan Hongliang crossed his hands in front of him and bowed slightly to the young general manager in front of him.

Li Zhaocao has been in office for a year and has experienced a lot.

In his past unruly temperament has been much more restrained.

However, he still had long soft hair, showing his personality.

Hurry up from Nan Aozhou, I hurriedly took a plane back home, and when I saw my omnipotent father, his pale and ferocious face, no longer had the same charm as before.

Especially a black hole exploded on the forehead is even more terrifying.

At that glance, at that moment, he changed.

After holding his father's funeral, he returned to the company and took over the power of Hensing Steel amid doubts.

The people around him kindly gave him advice, so it would be better to hire a professional manager to lead Hessing Steel.

He felt that he turned grief and anger into motivation and wanted to complete his father's unfinished great achievements by himself - leading Hesing Steel to glory!

In 2003, under the leadership of Li Zhaocai, Helsing Steel achieved a historic breakthrough with operating income of more than 3 billion yuan.

The moment the statistics came out, the doubts within the company disappeared instantly.

He looked at Yan Hongliang, who was about the same age as his father and followed his father to make great contributions to Hensing Steel, and said in a deep voice: "The iron ore that is priced at a long time is fixed at 40 magnesium per ton per ton. We don't need spot iron ore, we just need iron ore supplied by the contract!"

Even though Helsing Steel's performance has achieved unprecedented heights in the past year.

However, Li Zhaocai, the young helmman, still shows a tender side everywhere.

He doesn't understand steel or industrial management.

Starting from the day he became the helm of the company, his eyes were fixed on the numbers on the company's financial accounts.

Yes, he studied economic management, so he has his own understanding of the economic system.

But production and operation are not just about spending money and making money.

But one thing is indeed fortunate. After he took over Helsing Steel, he did not make drastic changes, but followed the development strategy designated by his father for Helsing Steel, and based on this, he added his own development ideas.

Yan Hongliang doesn't want to cross the boundaries of power and care too much about it.

He is responsible for steel production and procurement, and he is already busy enough.

"Our business this year is much higher than the production tasks we originally planned. Last year's revenue is more than 3 billion yuan. According to the situation in the first half of this year, there is a high probability that this year's revenue will exceed 5 billion yuan."

He looked up at the young chairman and general manager: "The long-term supply contract we signed last year obviously cannot meet the current production needs, and we have to purchase more iron ore in the spot market."

"The spot price is 60, and the long-term contract price is 40, which is much higher!" Li Zhaocai rubbed his round cheeks, quite dissatisfied with such a price.

"The current raw material market is indeed very irrational." Yan Hongliang did not dare to be casual because Li Zhaocai was young and always adhered to his professional ethics. This is why he was able to continue to serve as vice president of Helsing Steel.

He understood his position and was not too greedy.

"Now you come to me, what do you mean?" Li Zhaocai still didn't understand Yan Hongliang's meaning very much.

"Since last year, our domestic steel companies have also begun to participate in international iron ore price negotiations."

Yan Hongliang is now increasingly feeling the importance of controlling production costs.

Although the steel industry has been booming in recent years, all steel mills have been doing well.

However, with the sharp rise in iron ore prices, the price of steel has risen slowly, and the profit margin is actually declining.

This year, revenue may exceed 5 billion, but overall profit may not be higher than last year!

If this situation continues, profits will become thinner next year and the year after, and will inevitably become thinner.

As a senior industry insider, he saw it clearly and had a premonition that the industry was about to usher in.

Facing Li Zhaocai's still confused gaze, he continued to say: "It's mid-year soon, and the Steel Association will also start iron ore price negotiations. My idea is, no matter what, you must participate!"

"How do we participate?" Li Zhaocai is still in his positioning of Hensing Steel.

As a private enterprise, Helsing Steel cannot be compared with large state-owned enterprises like Haigang Steel.

Their annual revenue is more than 3 billion yuan, while others' annual revenue is more than 100 billion yuan, which is not the same magnitude at all.

Yan Hongliang certainly understood this, but he was anxious in his heart: "The supply of long-term iron ore provided by the three major iron ore giants to our domestic steel companies is basically fixed. The long-term iron ore that is distributed to various steel companies will be biased. In any case, we must strive for more low-priced iron ore!"

"What should we do? Compete with Harbour Steel for the long-term contract price of iron ore?"

"At least we have to put pressure on the Steel Association!" Yan Hongliang felt a little sad: "The total amount is only so much, and we can strive for more, which is always good. Otherwise, we will have to purchase a large amount from the spot market next year, and the cost is too high! The spot price is now 60 magnesium per ton, but next year it may not be possible to rise to 100 magnesium per ton. By that time, our production will be directly at a loss!"

"What do you think of?" Li Zhaocai really had no experience.

"Let's go find people from the Iron and Steel Association to participate in the iron ore negotiations. At least we will meet the management of the three major iron ore giants and become familiar with each other!"

Yan Hongliang has been working in Helsing Steel for so many years. The procurement of iron ore is basically in contact with the head of the branch of the iron ore giant in China, and he really has not had much interaction with the people at the headquarters.

If we can really directly discuss face-to-face cooperation with the top leaders of the three major iron ore suppliers, it has to be said to be a good opportunity.

"Okay." Li Zhaocai nodded in agreement.

However, when they came to the Steel Association, they found that there were many people who thought the same as them.

The staff of the Iron and Steel Association warmly received them, but did not agree to their request to meet the president or other person in charge.

Bao Yanyao, president of the Iron and Steel Association, has received many personnel from steel companies. He is so old that he is really exhausted.

As the president, he certainly thought about the development of the entire Iron and Steel Association and correctly controlled the general direction of development.

The demands of each steel company are actually similar.
To be continued...