readx;? But Pao arranged for Tucker Mining's takeover of Australia's Northern Mining Company in 1997, not 2000, when the future of the iron ore industry was already vaguely visible. Pen Fun Pavilion wWw. ｂiquge。 infoIn 1997, that is, last year, when the international iron ore price was the most sluggish, the FOB price of iron ore of the Australian Northern Mining Company was basically maintained at 20 US dollars a ton, while the average FOB cost of the Australian Northern Mining Iron Ore at this time was about 22 US dollars, that is, the Australian Northern Mining Company lost about 2 US dollars for every ton of iron ore sold. Tucker Mining's takeover offer for Northern Australia is undoubtedly the best time to do so.

After some arduous negotiations, the two sides finally reached a purchase agreement in early 1998, and Tucker Mining successfully acquired the Australian Northern Mining Company for $1.35 billion. Even if you don't count the upcoming iron ore gold decade, Bao Feiyang has made at least $1.4 billion in the acquisition of Australia's Northern Mining Company alone. Because as long as Bao Feiyang is willing, it only takes a year or two for the British company Rio Tinto to be willing to pay nearly $3 billion to acquire these resources of the Australian Northern Mining Company.

But Bao Feiyang is not crazy, how could he do such a stupid thing? The price of iron ore has been rising slowly since he bought the Australian Northern Mining Company, and now the FOB price of Australian iron ore has risen to $25 a ton, and this price will continue to rise. After entering 2002, the international iron ore price will enter a rapid rising channel, and the iron ore price will easily exceed 100 US dollars a ton, and the highest will reach more than 160 US dollars a ton.

In the last life, British Rio Tinto also became the world's second largest iron ore supplier by virtue of the resources obtained after the acquisition of Australia's Northern Mining Company, and since 2002, it has sold more than 150 million tons of iron ore every year, and at its peak, Rio Tinto sold more than 300 million tons of iron ore a year.

Although the price of iron ore has risen rapidly, the production cost of iron ore has actually decreased year by year. Even if it is calculated according to the original production cost of a ton of iron ore of 20 US dollars, the profit between the sales price of a ton of iron ore and the production cost is at least more than 80 US dollars, and the profit of selling 150 million tons of iron ore a year can easily exceed 12 billion US dollars, and during the golden period of iron ore in ten years, Tucker Mining Company only sells iron ore, which can bring Bao Feiyang at least 120 billion US dollars in net profits, which is still calculated according to the minimum limit, in fact, Bao Feiyang knows that the acquisition of the Australian Northern Mining Company alone will bring him a net profit of absolutely no less than 200 billion US dollars。

Since Bao Feiyang is familiar with the trend of history and knows what will happen in the next ten years, how could he give up a huge profit of 200 billion US dollars for the sake of a small amount of 1.4 billion US dollars?

At this time, it has been half a year since Tucker Mining successfully acquired the Australian Northern Mining Company, and Tucker Mining Company has also preliminarily completed the integration of the original business of the Australian Northern Mining Company, and has begun to prepare to enter the international iron ore trading market.

Bao Feiyang himself was thinking about finding a more appropriate opportunity for Tucker Mining to appear in front of domestic steel companies. At this time, Fenggang Group was in a business predicament, and the employees could not even maintain the minimum living standards, and Bao Feiyang had an inspiration in his mind, which was not a great opportunity for Tucker Mining Company to land in the domestic steel market? The reason why he thought of adopting the method of processing trade with supplied materials is indeed due to the special provincial conditions of the northern province, but the most important thing is that Bao Feiyang considers that this method is the most direct and effective, which can avoid the long commercial negotiation of iron ore prices, and as long as the processing fee is paid to Fenggang Group, he can directly start production. Moreover, Tucker Mining not only has iron ore resources, but also cheap coal resources, which are transported to Fenglin City by cheap shipping, and even cheaper than Fenggang Group buys coal from the coal mines of the northern province itself.

At this time, when Shu Qinghua asked him if he had chosen a foreign-funded enterprise that could carry out processing trade with Fenggang Group, Bao Feiyang took the opportunity to push Tucker Mining Company out.

"Comrade Feiyang, is this your own idea, or have you communicated with the Tucker Mining Company before?" Shu Qinghua pondered for a moment and asked again.

My own thoughts are the thoughts of Tucker Mining, Bao Feiyang muttered in his heart, of course he would not answer like this, he said with a smile: "I have discussed this with the relevant people of Tucker Mining Company before. They are very optimistic about the future prospects of the mainland steel market, but feel that the process of investing in a steel company in the mainland is relatively long, and the procedures are more cumbersome, and at the same time, considering that there are serious problems in the capital chain of many iron and steel enterprises in the mainland, and they urgently need the support of foreign funds, so they have mentioned this idea to me to see if they can provide iron ore and coal and corresponding production funds through the way of processing trade with supplied materials, and find suitable iron and steel enterprises to help them process and produce steel products. ”

"Ah, Director Bao, have you really discussed such a thing with Tucker Mining Company before?" Liu Zekai said in surprise in front of him.

"Of course!" Bao Feiyang looked at Liu Zekai, shrugged his shoulders, and said, "Mr. Liu, if I don't have a little bit of certainty in my heart, how dare I say such words in front of so many workers?"

However, Western capitalists are greedy by nature and desperately chase high profits. Liu Zekai's face was full of worry, "Will they keep the processing fee very low? When the time comes, the processing fee we earn will be just enough to pay the workers' wages, how can we achieve the goal of guaranteeing the workers six or seven hundred per month?

"Lao Liu, you are really brainless!" Shu Qinghua said on the side, "As long as the workers can receive sufficient wages and can support their families, how can they care about what Comrade Feiyang promised today? If they can reach the salary of six or seven hundred yuan a month, of course, it is better, if they can't, they can pay the full salary of three or four hundred yuan a month, and I think the workers will also be very satisfied." Are you right, Comrade Feiyang?"

"Mayor, what you say is very reasonable, and I do believe that if the workers can receive the full salary of three or four hundred yuan, they will definitely be satisfied. However, the six or seven hundred yuan salary I mentioned is really not bragging," Bao Feiyang said, "because Tucker Mining Company can produce low-cost iron ore, so it will give up a little bit in terms of labor costs, so as to promote the enthusiasm of workers to produce more high-quality steel." Of course, the specific amount depends on the level of negotiation ...... Mr. Liu in the future" (to be continued.) )