On the newly completed Hedland Ore Dedicated Deepwater Terminal in Cape End, Western Australia, there are huge machines and thousands of builders wearing construction helmets gathered together with employees of Australia's FMG Resources Company.
Among the crowd, there were also Australian officials led by Prime Minister Howard, who together with Wang Yaocheng, chairman of the consortium, presided over the ceremony to ship the first shipment of iron ore.
This means that after two years of hard work by the construction army, the first phase of FMG Resources' iron ore project was successfully completed and put into operation. From then on, it can continuously supply iron ore from Western Australia.
Firecrackers blasted amid the celebratory gongs and drums, rows of fireworks flew into the air and exploded into a gorgeous scene. A happy smile appeared on the builder's dark and red face, enjoying the glory of this moment.
With the full cooperation of construction units such as China Harbor Engineering Company, China Railway Corporation and China Metallurgical Corporation, a 100-million-ton deep-water port stands in Western Australia, and a heavy-haul railway double line spanning 400km directly to the Pilbara mining area.
China Unicom's 66-kilometer railway branch line connecting various mining areas was successfully completed.
A long steel line from the Pilbara closely links the mining area and the port, forming a complete iron ore production and export system.
In the seven major mining areas, including Duanyun Mine, tens of thousands of sets of heavy-duty excavation and transportation equipment are working day and night to excavate huge amounts of iron ore from the open-pit mines and transport them to Hedland Ore Dedicated Mine through railway lines.
Deep water dock.
Load the 300,000-ton VLOC (very large iron ore carrier) owned by Swire Shipping at the dock, and set sail from here to the Chinese port thousands of miles away, delivering massive amounts of industrial food to the steel plants that need it most.
Wang Yaocheng stood on the pier in high spirits, looking back at the heavy-haul railway line that stretched into the endless distance. His excitement was beyond words.
He has never been so happy as he is today. He is surrounded by a huge sense of accomplishment and feels that he has endless power.
The 4.9-kilometer long heavy-duty train can transport 30,000 tons of iron ore each time. Ten trains can fill a 300,000-ton VLOC. Each giant ship is 327 meters long and 55 meters wide.
29 meters deep, it is a super-large iron ore transport ship built by Yangzijiang Mitsui Shipyard, fully demonstrating the power of industrialization.
At this moment, with the help of seven or eight push barges, the huge first VLOC, fully loaded with iron ore, was slowly leaving the dock, making a long and loud whistle.
"Woo..."
When a heavy-duty train loaded with mineral powder arrives at the port, it enters the rollover yard sequentially. The mechanical arm flips and pours out the concentrate powder in the train carriage. A turning equipment line can operate eight carriages at the same time. In just ten minutes,
Unloading completed inside.
At the 102-square-kilometer Andersen Cape iron ore storage yard, a total of six such unloading equipment are installed, which can unload six heavy-load trains at the same time.
On every deep-water berth, there is an iron ore conveyor belt extending above the cabin of the giant ship, and a steady stream of ships is being loaded. All operations here are mechanized, which greatly improves the efficiency of the terminal's operation.
"The first phase of FMG Resources' iron ore project that we successfully completed today will profoundly change history and affect the future. Every builder and guest present today will be a witness to history.
I believe you will be proud of this.
looking back
Miracles are unfolding in front of us, all of which are made with the hands of hard-working builders. On behalf of the Royal Family Fund, I would like to thank you. You are the most respectable people..."
Wang Yaocheng's passionate speech won warm applause from everyone present. Everyone looked at the middle-aged man talking with great respect on the podium. It was he who... single-handedly created history.
Since the establishment of this large-scale Pilbara iron ore project in 2004, there have been various negative arguments and bizarre reports in newspapers. Some people even made wild remarks in celebrity interviews to refute Wang Yaocheng's project.
The decision was disastrous.
Silicon Valley giants are involved in the mining industry. Do they have a unique interest in sunset industries?
The alliance between Royal Fund and Mitsui Foundation seems to have gone astray.
Is 150 million tons of iron ore production capacity a crazy gamble?
Huge investment projects may bring huge disasters, and the whole world is waiting to see.
This kind of bizarre talk that was making a lot of noise was completely affected by the frenzy of rising prices of bulk resource commodities that soon followed, and soon fell completely silent, leaving behind only broken eyeballs.
to this day
The international financial community has praised the Royal Family Fund for its successful investment in the mining industry, and the Simandou Iron Ore Project in Guinea has also turned from negative to positive, with many expressing their extreme optimism about its market prospects.
These public opinions have not disturbed Wang Yaocheng in the slightest. He did not join the resource industry to make money. If he wanted to make money, he could just buy some stocks of companies that would become popular in the future on the New York stock market. Wouldn't it be more profitable?
This will be an area of long-term investment. Even if the market situation in the bulk resource field deteriorates in the future, the consortium will continue to invest in this area.
July 5, 2006
After an intensive inspection of the Pilbara iron ore project in Western Australia, Wang Yaocheng flew all the way to London to attend the bell-ringing ceremony for the listing of Huawei on the London Stock Exchange. At the ceremony, Wang Yaocheng shook hands tightly with Mr. Ren of Huawei.
congratulate.
At the beginning of 2006, Huawei took the lead in successfully listing in Hong Kong, raising more than 40 billion Hong Kong dollars for corporate development. Huawei has soared into the sky, and has established offices in more than 80 countries around the world to develop communications equipment business.
Rapid growth.
in this case
Huawei started its listing process in London. The listing successfully raised 6.9 billion pounds ($10.63 billion), pushing Huawei's market value to 30.1 billion pounds ($46.5 billion).
This result caused the Motorola board of directors in North America to be unanimously ridiculed by the international financial community.
Huawei had already signed an acquisition contract, but unexpectedly, it was vetoed by the blind new chairman of Motorola, Pierre Kenan, who believed that it was not worth spending so much money.
In the blink of an eye, the ugly duckling turned into a white swan. I wonder if Piercainen's intestines turned green?
July 17, 2006
Hong Kong Cheung Kong Company invested 780 million pounds to open a 3.2 square kilometer property east of Canary Wharf, London's main business district. The project will develop commercial office buildings, hotels, shops and high-end restaurants. After completion, it will become a golden
The extension of the Canary Commercial Center is expected to yield substantial returns.
July 18, 2006
Hong Kong Cheung Kong invested 4.28 billion pounds to acquire the British power grid. After the acquisition is completed, it will control 30% of the entire UK's power supply.
July 26, 2006
Hong Kong's Cheung Kong invested £1.72 billion to acquire Northumbrian Water Company, the UK's major water supply and sewage treatment company.
July 31, 2006
Cathay Pacific invests £2.27 billion to acquire Manchester Airport in the UK.
August 11, 2006
Hong Kong's Cheung Kong Company invested 2.12 billion pounds to acquire British Pipeline Gas Company, which will provide piped gas services to a quarter of the UK's population.
A series of dazzling acquisition operations has made the British and European media agitated. According to the news revealed by the media;
There are still three blockbuster negotiations underway at the Royal Family Fund. The first is a £6.2 billion investment in the British Water Company, and the negotiations are nearing completion.
If the final investment negotiations are reached, the royal family fund will control 57% of the UK's drinking water supply and is expected to have an annual investment return of 6.6%.
The second item is the acquisition of the Greene King plc pub chain, which is a leading brewery and British-style pub operator in the UK. It operates more than 2,700 British-style pubs, restaurants and hotels in England, Wales and Scotland.
81% of the properties are freehold.
The three main business divisions of the Greene King plc pub chain are British Pub Company, British Pub Partners, and Brewing and Branding.
The total acquisition value is expected to reach 2.16 billion pounds, and it will assume its debt of 660 million pounds.
The third item is the acquisition of Electricite de France (EDF). The specific amount is unknown and the progress of the negotiations is unknown.
this day
Wang Yaocheng and his bodyguards were stopped by many reporters while jogging along the boulevard of Hyde Park in London. They asked him to express his views on investing in the British public utility sector. The microphones were so dense that they almost poked him in the face.
Wang Yaocheng, who was sweating from his morning jog, raised his hand to stop the bodyguards from making further moves. He put his hands on his waist and panted, "Everyone, wait a minute and give me a drink of water."
Picking up the mineral water handed over by the bodyguard, Wang Yaocheng took a few sips of "Gudong, Gudong", touched the corner of his mouth with his hand and said, "It's against the rules for you to stop me like this. If you promise not to come to the park in the future, then I can
Answer ten questions."
"As God testifies, if you answer our questions, no one will ever bother you for your morning jog in the future. At least I won't come again."
"Don't worry Boss King, we will do what we say."
"That's right."
Wang Yaocheng looked around and saw that there were indeed a lot of people gathered around him. There were thirty or forty reporters. It was estimated that all the major news media in Europe had sent people here. He had to press his hands down and said, "Ten questions, each person can only
Ask a question, let’s start now, who will be the first to ask?”
"I am Hunter, a reporter from The Times. I would like to ask Boss Wang, what are your reasons for investing heavily in the UK? Why do you invest in so many public sector undertakings..."
"Wait a minute, you can only ask one question. Do you want me to answer the former or the latter question?"
"Uh... the previous one."
Wang Yaocheng nodded and replied; "The UK is the world's financial, trade and information center. It has a strong radiating ability to the entire Europe, and it has an open, free and fair business environment. I think it is the best investment destination in the world."
Therefore, the Royal Family Fund’s impulse to invest in the UK has been around for a long time, but it has just begun.”
"Do you think the investment environment in the UK is better than that in the United States?"
"Yes." Wang Yaocheng happily pointed to the reporter who interrupted and continued, "I answered your question, so who will ask the third question?"
The reporter who interrupted was holding his hair regretfully, looking extremely depressed.