Eight hundred and seventieth chapters major discovery
On the 15th, the Xingyuan Group's survey team in Western Australia finally received good news. It found a giant open-pit hematite mine in the southwest Pilbara. After preliminary exploration, it is estimated that the storage capacity exceeds one billion tons.
This is a shock to the entire mining industry. The world of two expansions in Western Australia will be completely broken. This is only the preliminary exploration of Xingyuan Group. It is not ruled out that more minerals will be discovered in the future. You must know that the current exploration area is only this time.
Source Group received one-fifth of the money from Western Australia.
In Li Guangyu's office in Li's Building, Gan Qin was excitedly reporting to Li Guangyu the discovery of Western Australia.
Gan Qin smiled and said: "Li Sheng, this discovery in Western Australia has given our Star Source Group the right to speak in the Pilbara region. Even if Rio Tinto and BHP Billiton suppress us, we have the ability to build railways and ports ourselves."
The top consortium controls resources, and this key discovery in Western Australia has given the Lee Consortium such a foundation.
Gan Qin knew about Li Guangyu's plan. This iron mine would be developed jointly with all allies to strengthen the relationship between the Li Group and all allies.
The current environment of the Lee Consortium is pretty good. The American consortium and the Japanese consortium are still fighting with each other. The Western European consortium is stuck in a quagmire of economic weakness, and its consortium is not as strong as the Lee Consortium, which gives the Lee Consortium a relaxed development environment.
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Li Guangyu said with a smile: "Gan Qin, please inform Gu Zhengsheng and ask him to instruct his exploration personnel to continue the exploration and make sure to find out the approximate reserves of this iron ore. At the same time, instruct his media to conduct an investigation of the discoveries made by our Xingyuan Group.
Extensive coverage.”
Li Guangyu needs to spread the current news so that he can let his allies join in. At present, he does not have the funds to develop independently. This time, such a large iron mine will definitely be suppressed by Rio Tinto and BHP Billiton. He
It is necessary to build its own transportation railways and ports to solve the transportation of its own minerals.
Moreover, he does not want to build supporting industries in the mining area. This is not a small amount of money, and the benefits are too great. It will be very dangerous for the Li family consortium to live alone.
Gan Qin knew Li Guangyu's plan and immediately replied: "Li Sheng, I will make arrangements right away. I believe it won't be long before Xiangjiang, Southeast Asia and even the world will know the news."
After Gan Qin left, Li Guangyu began to plan the next steps. This time he needed allies and a large amount of capital. The current price of similar iron ore in the Pilbara region is only US$23 per ton, and the estimated revenue from this mine is also
Not too much, mainly because the investment in railways and ports is too large, and the development cycle is also quite long.
Li Guangyu was unwilling to invest too much money in this, so he wanted to bring in some allies so that he could negotiate the price in the future.
With Gan Qin's personal explanation, Li's media was very fast. Before noon, all walks of life in Hong Kong had learned that Li's consortium had discovered a giant iron ore in Western Australia, and the market value of Xingyuan Group immediately doubled.
The Li Group's power in Xiangjiang has become more stable. Anyone with a little knowledge will know that this huge discovery has added tens of billions of dollars in wealth to the Li Group.
Although it takes a long time for the wealth to come back, the benefits are there, and if the price of iron ore rises in the future, the wealth of the Lee Group will also rise. The iron mine in the Pilbara region belongs to the Lee Group.
A cornucopia.
Countless people in Xiangjiang are lamenting Li Guangyu's good luck. It seems that the goddess of luck has never left Li Guangyu's side this year. Every time there is any danger, the Li Group can always avoid it, and when there is benefit, the Li Group
The consortium was able to get to the front.
This time, the iron ore in Western Australia was like a godsend. Xingyuan Group went through various procedures in Western Australia and it only took about four months to discover this vein. In such a short period of time, such a large vein was discovered.
It can show that Li Guangyu is loved by heaven.
As for the news about Li Guangyu, the Japanese Sumitomo Consortium attaches great importance to it. They currently have a very large demand for iron ore. Western Australia was mainly controlled by Rio Tinto and BHP Billiton before. Although some Japanese consortiums and families are involved in the Australian mining industry
The company has some shares, but it has no absolute effect. Now it is mainly restricted by these two groups.
Now the huge discovery made by the Lee Consortium has given the Sumitomo Consortium hope to get rid of Rio Tinto and BHP Billiton.
As an ally of the Lee Consortium for many years, the Sumitomo family very much hopes to get on this train. They know very well how much investment the Lee Consortium will need to develop and transport the iron ore, and now the Lee Consortium is starting to
Short of money, this is their opportunity.
In the past two years, the Li Group's business has been too big. The construction of various group buildings has been accelerating. The Li Group's investment in England has exhausted their wealth.
The Sumitomo family is very aware of Li Guangyu's habits. Li Guangyu will not make a loan unless it is absolutely necessary.
According to some information they received, Li Guangyu took out a loan of US$3 billion from his own bank this time, and a total of US$2 billion from Bank of Hong Kong, Bank of East Asia, and Asian Commercial Bank.
This is enough to show that the Li's consortium is currently in a financial straits. This time, it is estimated that the Li's consortium will not independently develop such a large mineral. Knowing Li Guangyu, he will not put his consortium's funds at risk.
Sumitomo Kimura, who was handling business at the Sumitomo Bank headquarters office, received a call from the patriarch, Sumitomo Kirihide.
The phone call asked him to go to Xiangjiang immediately to communicate with Xingyuan Group about the iron ore development in the Pilbara region and to see if the Li Group had any plans to cooperate with the iron ore. The Sumitomo family would step in.
As Japan's largest consortium, the Mitsui Foundation also does not want to miss such an opportunity. They are currently cooperating with the Lee Foundation to operate mobile communications companies in Japan. With such a relationship, they also hope to strengthen cooperation with the Lee Foundation this time.
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For this reason, the Mitsui Foundation also arranged for Mitsui Mingyi, who was familiar with the Li Foundation, to go to Xiangjiang to communicate with Li Guangyu about this matter.
As an island country, Japan is very short of iron ore resources, and it is unwilling to give up any opportunity to control these resources.
The Japanese forces were ready to move, and when the families in Xiangjiang learned that Li Guangyu had found such a large mine, they all called to congratulate Li Guangyu and asked if Li Guangyu needed any support.
This time Li Guangyu did not keep quiet about making a fortune, but instead made the news a storm, which was not like Li Guangyu's usual style.
Li Guangyu is not alone. If you look at the industries he controls, you will know that Li Guangyu will not take out the shares of his group unless it is absolutely necessary.
This time Li Guangyu was uncharacteristically uncharacteristic, and Li Ka-shing and others had guessed a little bit of his inner plan. Looking at Li Guangyu's investments in the past two years, Li Guangyu and his family had been dragged down long ago.
They also have ideas when entering this industry. Li Ka-shing, Zheng Yutong and others do not want to engage in the single industry of real estate. This time Li Guangyu discovered such a large mineral vein, if there is a chance, they are willing to get involved.
Although the return cycle of this industry is longer, the investment risk is very low, and you don’t have to worry about losing money on your investment.