Chapter 363: Crazy Copper Mine (1/5)
It wasn't until a more detailed Urad copper mine survey data was placed in front of Tian's father that he couldn't sit still anymore and called Qi Zheng over in a hurry.
Looking at Qi Zheng, who didn't know why, Father Tian didn't know what to say for a while, was this a big heart? Or did he not know what kind of "treasure" he threw out?
Father Tian took a deep breath: "Xiao Qi, do you know how big this Urad copper mine is?"
Qi Zheng had a good idea in his heart, but the exact number was really unclear: "Oh, it's been explored in detail, it should be pretty good, right?"
Isn't that good? It's heavenly!
Father Tian was speechless and silently handed the detailed exploration information to Qi Zheng.
Based on further exploration, a zone of porphyry-style copper mineralization was identified in Urat in Mongol province. The mineralized zone strikes north-south, and the main metal minerals are bornite, chalcopyrite, chalcopyrite, chalcopyrite, chalcopyrite and mirror iron......
The ore body is divided into the upper leaching zone, the oxidation zone, the middle secondary enrichment zone and the lower primary sulphide ore zone. With a total length of approximately 5 kilometres and a width of 600 metres, the average contained content of the entire orebody is 5.2% copper, 0.059% gold and 0.036% molybdenum, based on a 0.5% copper cut-off grade and 350 metres...... Among them, the copper ore reserves containing more than 5% copper are estimated to exceed 300 million tons, and the copper reserves of the entire ore body are estimated to exceed 15 million tons!
Tian's father's faint voice came: "Only the current exploration and identification of copper resource reserves of more than 15 million tons, equivalent to 1/6 of the total domestic reserves; and before China's largest resource reserves of copper ore is Yulong copper mine, the preliminary proven copper reserves are only more than 6.5 million tons, and the prospective reserves are about 10 million tons. In other words, the Urat Copper Mine is already the largest copper mine in the country!"
"That's not the point, the point is that there is a whopping 5.2% copper in the identified reserves, you know what that means, which means that this is the highest grade of all the copper deposits found in the world, which is a miracle in the country!"
The more Tian Father spoke, the more excited he became, waving his arms and saying: "You must know that the newly developed copper mines in the world now, copper mines containing more than 1% copper are rare, and copper mines that reach 4% are the kind of old copper mines that have been mined for decades or even hundreds of years. ”
"Did you know that the world's largest copper mine, the Escondida Copper Mine in Chile, has the largest annual production of any copper mine in the world? With a whopping 4.16 billion tonnes of copper ore reserves at an average grade of 0.76%, and a total copper reserve of 31 million tonnes, this is already a staggering figure. Although the copper reserves of the Urat copper mine are not as good as those of the Escondida copper mine, the copper ore grade is enough to beat the world's largest copper mine. ”
"And how much does it cost to mine? 60.8 cents per pound of copper! This is already the lowest copper mine in the world, and how much will it cost to mine the Urat copper mine, which is much higher than it?"
Qi Zheng looked down at the information in his hand, which contained the mining cost estimate given by the exploration team.
Although there are leaching belts and oxidation zones in the upper layer of Urad copper mine, these two layers are basically useless ore layers are not very thick, plus the upper layer of soil layer, the whole thickness is only more than 20 meters, so even if the upper layer of useless soil layer and leaching belt and oxide zone are all eliminated, the cost required is evenly distributed to the mining cost of the whole mine, and it is very little.
Once the upper useless ore layer and soil layer are all removed, then just mining the copper ore in the central secondary enrichment zone is enough to reduce the mining cost of the entire copper mine to less than 50 cents/pound of copper, and if the processing fee and other expenses are included, the cost of pure copper produced from this copper mine will not exceed 14,000 yuan/ton! This cost is more than 20% less than the cost of pure copper produced by the Escondida copper mine!
You must know that when the highest copper price reached more than 65,000 yuan per ton last year, the profit of a ton of pure copper of domestic copper processing enterprises can almost reach more than 30,000 yuan, nearly 100% of the profit!
Although the global economic recession caused by the subprime mortgage crisis in the United States has had an extremely negative impact on the trend of copper prices, resulting in a decline in copper prices, which once fell to 22,000 yuan/ton.
However, affected by economic recovery and loose monetary policy, after entering 2009, copper prices began to fluctuate and rise, and the current price has risen to more than 33,000 yuan/ton, and it continues to rise.
In other words, even if the price of copper plummets to the lowest level last year, the frighteningly low cost of pure copper production at the Urad copper mine is enough to ensure full profitability, and if it is put to this point, there is already a net profit of more than 100%!
What is the concept of a super copper mine with more than 15 million tons of copper reserves and a lower mining cost than the Escondida copper mine?
Not to mention anything else, if all 15 million tons of copper ore are mined, it will be nearly 500 billion yuan according to the current copper price! Even if there is only 100 percent profit, it is an astronomical figure.
And that's not even counting the associated gold, molybdenum and other resources.
Scary or not?
The thief is scary!
Unhappy?
Father Tian was already laughing uncontrollably.
Only Qi Zheng touched his nose and smiled, a little weak-hearted.
Needless to say, this cheating copper mine is naturally the handiwork of someone else.
When an underground river was opened from Lake Baikal through Mongolia, it was "blocked" by a large copper mine in southern Mongolia. So Qi Zheng did not stop doing anything, directly "moved" this copper mine back to China, checked the geological survey data of Mongolian Province, and found that there was no large-scale geological and mineral resources exploration operation in the Urad area, and then settled it here to "settle down".
As for the high taste, it was purely because he was not skilled in the application of "six gold and six building arrays" at that time, and accidentally created one of the world's highest-grade copper mines.
I've done everything, what else can I do? Fortunately, it's not ridiculously high.
After Father Tian's excitement calmed down a little, he looked at Qi Zheng, who seemed to have not come back to his senses, and couldn't help but say: "Xiao Qi, now that you also know the value of this copper mine, don't take the dowry seriously." ”
Qi Zheng was stunned for a moment, and smiled calmly: "Uncle, if you say it, how can you take it back? If it is a dowry, it is a dowry, and to be honest, I have no regrets." ”
“......”
Father Tian carefully looked at Qi Zheng's expression, and saw that his eyes were clear, obviously this was from the heart.
I couldn't help but sigh in my heart, I knew that this kid was a character before, but I never realized how strong my son-in-law's heart was!
Such a copper mine that is enough to make people crazy, saying that if you give it away, you will give it away, Tian's father asked himself, he would never be able to do this.
Qi Zheng looked at Father Tian, who was a little stunned, and deliberately diverted the topic and smiled: "Uncle, don't look at me as if I let out a huge mine, in fact, it is also a big trouble to let out." Don't say anything else, but the development funds are at least tens of billions, which is enough for your uncle's headache. ”
Father Tian laughed: "What's this? According to the resource endowment of this copper mine, some banks are chasing after us and asking for loans." I dare say that as soon as the news spreads, people from the bank will come to us and offer us the lowest interest rate for the loan......"
As Father Tian spoke, he also reacted that Qi Zheng was determined not to get involved in this copper mine.
sighed once again about his son-in-law's mind, and Tian's father also completely sobered up.
He thought for a long time, and said firmly to Qi Zheng: "In this case, I plan to develop this copper mine together with the country!"
"Oh?"
Father Tian was afraid that Qi Zheng would not understand, so he explained: "First, the value of this copper mine is too great, not only economic value, but also strategic value, but it is difficult for Tianhua Mining to control the situation; on the other hand, to be honest, Tianhua Mining's technical strength is not enough to fully exploit and utilize this copper mine." ”
Qi Zheng nodded: "Uncle is reasonable, I have no opinion." ”
In fact, Qi Zheng was still a little relieved that Father Tian was finally not blinded by interests.
......