Chapter 361: The Mine Is All Ours (2/3)
North of Mindanao, Surigao Province, a huge open-pit mine.
This is the laterite nickel mine developed by Tianhua Mining in the Philippines.
China is a nickel-poor country, the global reserves account for only 3%, nickel ore dependence on foreign countries is 5%, in addition to the imported nickel sulfide ore products or nickel intermediate products, the vast majority of the import of raw ore is laterite nickel ore, and mainly from Indonesia and the Philippines, accounting for more than 90%.
Stainless steel is the largest consumer of nickel and is currently irreplaceable due to its excellent performance.
As the world's largest producer and consumer of stainless steel, the rapid growth of stainless steel production capacity is bound to increase the demand for nickel. The demand for nickel in the stainless steel industry is expected to continue to increase due to the continuous growth of stainless steel production capacity.
Father Tian has a unique vision, compared with Indonesia, which is rich in nickel ore resources, he chose the Philippines, which is less interfering with mining policies, to invest.
Of course, the armed attack on the mine could be called unwarranted.
Tian Fu, Qi Zheng and Samos, the three of them walked into the mine under the support and protection of a group of people.
The blackened construction cranes and buildings are still fresh in my mind, but fortunately, the foundation and steel frame of the nickel refinery were not destroyed by the opposition, so it did not end up at my grandmother's house.
"The attack was a political gesture that led to the breakdown of peace talks between the opposition and the government. "The opposition chose our mine because we have the largest investment in the country in recent years and we have a large building. I guess they're trying to show off their force. ”
In fact, he was a little embarrassed, and the attack was a test of Samos's business and political acumen.
Although Summers owns only 25 percent of the mine and nickel refinery because he only needs a small investment and connections, Tianhua Mining has a large stake of 75 percent, but as a local partner of Tianhua Mining, Summers is seen by many as the de facto guarantor of the mine's safety.
For more than two decades, the Samos family's estate and the opposition had been at peace, and the attack was a slap in the face.
But embarrassed to be embarrassed, Summers insisted that the project should continue despite the attack. If this attack frustrates the plans, it will be a real "disaster".
Tian's father shared the same view, assuring Summers that the project would take forward, but added: "I believe in you, Mr. Summers, but if the attack happens again, the company will reevaluate the project." ”
Samos smiled confidently: "Rest assured, I have obtained the government's consent to set up a special civilian auxiliary operations force within the mine to strengthen the security of the refinery and the mining site." ”
According to Samos, the Special Civilian Auxiliary Action Force is a militia introduced in the Philippines to make up for the lack of military personnel, and aims to protect high-economic value production facilities in remote areas such as mines, timber mining rights and plantations from attacks by opposition elements. Members are paid by private companies, but the Philippine military is responsible for arming, training, and commanding.
"In short, we arm ourselves. Samos said lightly.
Father Tian and Qi Zheng also did not change their faces.
In a "democratic" country like the Philippines, such a situation is all too common. Going out of overseas mining, especially in backward areas, it is considered "kind" for resource companies not to take the initiative to go to war, and the formation of an armed security force is simply not worth mentioning.
Starve the faint-hearted, and support the bold.
Tian's father was very satisfied with the "strength guarantee" of his partner, so he said to Summers with a smile: "In this case, I agree to increase investment, expand production capacity, and strive to achieve early production and ensure more shipments." ”
Tian's father has accepted a $500 million loan from Qi Zheng, anyway, in his opinion, the company will be handed over to Tian Yuwei and Qi Zheng sooner or later, and this is the private funds provided by the "son-in-law", so there is no need to twist it at all.
Samos was even more satisfied, he already knew that Qi Zheng was the son-in-law of Tian's father, and he was also a wealthy man in China, and there was no shortage of funds. Being able to put into production as soon as possible and produce more minerals means that he can also obtain greater benefits, and naturally he will not object.
And Qi Zheng estimated the timing of the production, and was also quite satisfied.
It will take at least three or four years for such a large project to be fully completed, and it will be close to four years by then.
I remember part of the memory of nickel prices, when Indonesia, the richest nickel ore resource, banned the export of raw ore products in order to stimulate the domestic refining industry, and Russia's largest nickel miner was sanctioned, so the Philippines became the world's largest nickel producer, and nickel prices began to climb in the second quarter of that year, reaching a record high.
Qi Zheng secretly thought that although the old man's overseas mining was frustrated at the beginning, the luck behind it was really good. By the time the mine and refinery are put into operation, nickel prices should have rebounded, and it is estimated that it will take less than a year to recoup the investment in the mine.
In this way, everyone is satisfied, and it is logical to invest more.
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Later, Tian's father analyzed Qi Zheng: "Tianhua Mining implements strategic transformation, and the first thing is to position the core business and unswervingly adhere to the expansion of the core business. ”
Throughout the international mining giants, they are all implementing diversified resource development strategies, but they all have their own strong core business segments. For example, Vale has four major business segments: mining, logistics, energy and steel, but it insists on its core business of mining, especially iron ore investment, development and mining operations. Compared with other mining giants, Vale can be said to have absolute strength and unique advantages in iron ore investment, development and mining operations.
At present, domestic mining companies are crowded on the "runway" of being a comprehensive mining company, and few choose to become bigger and stronger in the nickel industry. Tian Father is optimistic about the development of the nickel industry, so he chose to focus on the nickel industry, and the first step is to make the nickel industry the world's largest in controllable resources and business scale, and obtain advantages in core business.
Qi Zheng sighed, although Tian's father can't see the future, he dares to fight, dare to fight, dare to invest, and believes that even without his own help, he will not decline easily.
But since Tian's father has such a heart, as a son-in-law, why not help him?
"Six gold and six construction arrays are triggered, the main gold and earth are two systems, and the range: a radius of 1,000 kilometers. Effect: Condensation, Ore Accumulation. It can condense the earth's veins and produce gold and silver. ”
After all, the nickel ore reserves in the entire Philippines are only 000,000 metal tons, and the high-grade nickel ore with a nickel content of .% or more accounts for only about 6% of the total reserves. To the northwest of the mine is a nickel mine mined by Mitsui & Co., and the combined grade is higher than this mine.
But as soon as the "six golds and six formations" were shot, it was not a problem.
With Tianhua Mining's mine as the center, nickel is pulled, gathered, and condensed by an invisible force. The most direct effect is to increase mineral reserves and improve nickel ore grade.
Under Qi Zheng's control, the nickel ore grade of the mine can eventually be increased to more than 2%, which is already an absolute high grade.
High grade means lower refining costs and higher yields.
The most basic experience is that under the premise of reasonably controlling the risk of assets and liabilities, the coordinated development of operating income scale and profitability is, in short, it is to always maintain the best quality minerals in their hands, because the development cost is low, no matter how the price falls, they will always make money, so before the high-quality mines are exhausted, they can't die.
On the other hand, Tian Father also hopes to reduce costs and enhance competitiveness.
It's just that he didn't expect that he had a son-in-law who could open a hanging, and he directly gave him a "bonanza".
"Six golds and six building arrays" is simply a bug to gather mines, and after skillfully applying it, Qi Zheng once thought about whether to buy a mining company to "make the best use of it".
Now, he can use this to help Tian's father push Tianhua Mining into the ranks of international mining giants and get his wish.
I have to say that the Philippines is really rich in mineral resources, and under the "scanning" of the Spirit Array, gold, copper, nickel, aluminum, and iron are ......
Qi Zheng smiled, don't hurry, take your time, these mines, sooner or later, they will be ours.
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