On the 15th, the Xingyuan Group's exploration team in Western Australia finally came with good news, and found a huge open-pit hematite in the southwest of the Pilbara, and after preliminary exploration, the storage is expected to exceed one billion tons.

This is a shock to the entire mineral industry, in Western Australia will be completely broken, this is only the initial exploration of Xingyuan Group, the future does not rule out more minerals to be discovered, you must know that the current exploration area is only one-fifth of the Xingyuan Group from Western Australia.

In Li Guangyu's office in the Lee Building, Gan Qin was excitedly reporting to Li Guangyu about the discovery in Western Australia.

Gan Qin said with a smile: "Li Sheng, this discovery in Western Australia has given our Xingyuan Group a say in the Pilbara region, even if Rio Tinto and BHP Billiton suppress, we have the ability to build our own railways and ports." ”

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, and this iron mine would be jointly developed with all allies to strengthen the ties between the Lee consortium and all allies.

The current environment of the Lee consortium is not bad, the American consortium and the Japanese consortium are still fighting with each other, the Western European consortium is mired in economic weakness, and the strength of the consortium is not as strong as the Li consortium, which gives the Lee consortium a relaxed development environment.

Li Guangyu said with a smile: "Ganqin, you inform Gu Zhengsheng and ask him to instruct his explorers to continue to explore, and they must find out the approximate reserves of this iron ore." At the same time, he instructed its media to report on the discovery of our Xingyuan Group on a large scale. ”

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, it is certain that it will be suppressed by Rio Tinto and BHP Billiton, and he needs to build his own transportation railways and ports to solve the transportation of his own minerals.

And he doesn't want to establish supporting industries in the mining area, this is not a small amount, and the benefits are too great, and the Li consortium and his family will eat alone, which will be very dangerous at that time.

Gan Qin knew Li Guangyu's plan, and immediately replied: "Li Sheng, I'll go and make arrangements, I believe that it won't be long before Xiangjiang, Southeast Asia and the world will know the news." ”

After Gan Qin left, Li Guangyu began to plan the next thing, this time he needs allies, and at the same time needs a lot of money to enter, the current price of similar iron ore in the Pilbara area is only 23 US dollars a ton, this mine is estimated to not be too profitable, mainly because the investment in railways and ports is too large, and the development cycle is quite long.

Li Guangyu is unwilling to put too much money on this, and he will attract some allies to come in, and negotiate the price in the future.

With Gan Qin's personal explanation, the media speed of Li's is quite fast, and before noon, all walks of life in Xiangjiang have learned that the Li consortium has discovered a giant iron ore in Western Australia, and the market value of Xingyuan Group immediately doubled.

The Li consortium's power in Xiangjiang is more stable, and those who know a little know know that this huge discovery has added tens of billions of dollars to the wealth of the Li consortium.

Although the cycle of this wealth is longer, the benefits are really there, and in the future, the price of iron ore will rise, and the wealth of the Li consortium will also rise, and the iron mine in the Pilbara region is a cornucopia of the Li consortium.

Countless people in Xiangjiang are sighing about Li Guangyu's good luck, this year it seems that the goddess of luck has never left Li Guangyu's side, every time there is any danger, the Li consortium can always avoid it, and when there are interests, the Li consortium can be at the forefront.

This time, the iron ore in Western Australia is like a godsend, Xingyuan Group went through various procedures in Western Australia, and it only took four months to discover this vein, and in such a short period of time, such a large vein was discovered, which can only show that Li Guangyu is loved by God.

And Li Guangyu news came out, Japan's Sumitomo consortium attaches great importance to this, they are currently in demand for iron ore is very large, Western Australia was mainly controlled by Rio Tinto and BHP Billiton, although some of their Japanese consortiums and families have some shares in Australian mining companies, but there is no absolute role, and now it is mainly restricted by these two groups.

Now the Lee consortium's huge discovery has given the Sumitomo consortium hope to get rid of Rio Tinto and BHP Billiton.

The Sumitomo family, who have been allies of the Lee Consortium for many years, are very eager to take this train, and they know very well how much investment it will take for the Lee Consortium to develop and transport this iron ore mine, and now that the Lee Consortium is running out of money, this is their opportunity.

In the past two years, the Li consortium has spread too big, the construction of various group buildings is accelerating, and the investment of the Li consortium in the UK has exhausted their family funds.

The Sumitomo family is very aware of Li Guangyu's habits, and Li Guangyu will not take out loans unless it is absolutely necessary.

According to some information they received, Li Guangyu borrowed $3 billion from his own bank this time, and at the same time borrowed a total of $2 billion from the Bank of Hong Kong, the Bank of East Asia, and the Asian Commercial Bank.

This is enough to see the embarrassment of the Li consortium's current funds, this time such a large mine, the Li consortium is estimated that it will not be developed independently, how do they know Li Guangyu, he will not let his consortium funds face risks.

Sumitomo Kimura, who was handling affairs at the Sumitomo Bank headquarters office, received a call from the patriarch, Sumitomo Kiei.

The phone asked him to go to Xiangjiang immediately to communicate about the development of iron ore mines in the Pilbara region of Xingyuan Group, and to see if the Li consortium had any plans to take out iron mines for cooperation, and their Sumitomo family would intervene.

The Mitsui Foundation, Japan's No. 1 Foundation, also does not want to miss such an opportunity, and they are currently cooperating with the Lee Foundation in the operation of mobile communications companies in Japan, and they hope to strengthen cooperation with the Lee Foundation this time.

For this reason, the Mitsui Consortium also arranged for Mitsui Mingyi, who was more familiar with the Li Consortium, to go to Xiangjiang to communicate with Li Guangyu about this matter.

As an island country, Japan is very scarce in iron ore resources, and he is not willing to give up any opportunity to control these resources.

The Japanese forces were about to move, and when these families on the Xiangjiang side learned that Li Guangyu had found such a large vein, they called Li Guangyu to say goodbye to him, and at the same time asked Li Guangyu if he needed any support.

This time, Li Guangyu did not make a fortune quietly, but made the news all over the city, which is not like Li Guangyu's usual style.

Li Guangyu is unique, and if you look at the industries he holds, you can see that Li Guangyu will not take out the shares of his group unless he has to.

This time, Li Guangyu's abnormality, his inner plan Li Ka-shing They also guessed a few points, look at Li Guangyu's investment in the past two years, it is Li Guangyu, it is their family, they have long been dragged down.

Entering this industry, they also have ideas, Li Ka-shing and Zheng Yutong and others do not want to engage in the single industry of real estate, this time Li Guangyu found such a big vein, if there is an opportunity, they are also willing to intervene in it.

Although the return cycle of this industry is longer, the investment risk is very low, and there is no worry about losing money.