Chapter 924: The Situation Is Stronger Than People!

Rare earths are actually the raw materials of fifteen lanthanide oxides with ordinal numbers 57-71 in the periodic table, as well as 17 oxides such as scandium and yttrium.

Because rare earth elements have extremely broad application prospects in petroleum, chemical industry, metallurgy, textile, ceramics, special glass, permanent magnet materials and other fields. Therefore, the value of rare earth oxides is increasing, and it has become an extremely important strategic resource today.

It is as important to a country's industry as vitamins are to the human body.

In fact, if Li Fanyu needs to use rare earth elements in the study of automobile motors, he can actually go to the mine without being so troublesome. China is currently the world's largest producer of rare earths.

But things are not the same thing.

Rare earths are a thing that everyone knows how important it is now. However, the reason why it is called rare earth is because the stock of this thing in the world is too scarce.

That's why it's important to mine a little less. Therefore, all countries have now partially restricted mining, and even in developed regions such as the United States, Japan, South Korea, and Europe, they have adopted a strategy of completely restricting mining.

For example, the United States has a large number of local rare earth minerals in its hands, and with its military and political influence, it also has many rare earth resources overseas. However, more than 60 percent of the rare earths needed for domestic production are still imported from China. As the world's second largest rare earth resource in the world, the world's largest rare earth resources, and the most complete rare earth resources, the United States sealed the largest rare earth mine in China, the Montingpass mine, and more than 80 other mines of all sizes in 2002, and turned to import a large number of them from China every year.

Not to mention Japan, which started with manufacturing and precision electronics industry, and South Korea. Because of the shortage of its own rare earth resources, it has relied heavily on China's rare earth resources for many years.

These two countries, themselves through imports and mine purchases, account for 30% of the world's rare earth stocks. Nearly 70 percent of China's exports of rare earths go to these two places.

Western European countries themselves do not have many reserves, so they cherish their rare earth resources even more - but they are also important customers of Chinese rare earths.

However, the greed of these developed countries lies in the fact that in addition to the rare earth resources needed to produce them, some companies also buy more than enough through government grants and store them in their own warehouses. Japan and South Korea have been doing this for many years.

What's more, in addition to purchasing, they also circumvent Chinese laws through investment and other means, participate in rare earth development or directly lure Chinese rare earth smugglers, and engage in public plunder.

The abacus is very fine.

Such a situation is sad for China.

So now, Li Fanyu has made up his mind to get this mineral down.

But to be honest, this rare earth mine in Nanfei, a country in southern Africa, is enough to make him covet it.

The mine stretches over 200 hectares.

Current intelligence from Mason indicates that the current deposit is approximately 23 kilometres long, 1.3 kilometres wide and 7 metres thick. The proven reserves of apatite and monazite are considerable.

It is not an exaggeration to say that this mine, if it weren't for the luck of the little Jones guy, who picked up the loophole when the domestic situation in Nanfu was chaotic, the warlords were divided, and the influence of various countries could not infiltrate, it would not have fallen into the hands of Roger Jones and even private individuals.

Its value is far from being something that Roger Jones's financial resources can take.

But none of this matters anymore, because now this is a super mine that has not been fully mined, but has proven reserves. has been one step ahead of the letter to know the news, and targeted!

After getting Li Fanyu's approval, Mason quickly organized his staff and began to contact Roger Jones & Co. And through the relationship between Li Fanyu and old Jones, he began to test the operation.

It is clear that the situation at Roger Jones & Co. is now at a point of life and death. Jones Sr. only cared about the company's fundamental business, which was logistics and warehousing. He doesn't care so much about these industries that he thinks are not doing business properly and have put the company in crisis.

But after a long time in the business field, I naturally understand how to create the greatest value even if it is something I don't need.

So at the negotiation level, things didn't go well.

Took out the minerals and was offered a high price of one billion dollars by Roger Jones' board of directors. According to their requirements, 60 percent of the $10 billion will be used to purchase a total of 5,000 sets of F750 heavy-duty trucks and cargo tops newly launched by Zhengxin in the US market, and the rest will be directly discounted or exchanged for 10% of the shares of Zhengxin's branch in the United States.

This requirement, in Mason's view, is a lion's mouth!

Don't say that 400 million can buy 10% of the shares of Zhengxin's US branch, even if it can, Zhengxin can't sell it!

You must know that all branches of Zhengxin are not listed. The gold content of this stock is much greater than that of those listed water!

This request, naturally, was decisively rejected by Mason.

After the study, Zhengxin gave its first and final offer, and Zhengxin USA provided a total of 3,000 sets of F750 and load bodywork to Roger Jones Company in three batches. A two-year extended warranty worth $5 million is provided free of charge. In addition, in view of the good personal relationship between Mr. Li Fanyu and Roger Jones, Zhengxin can provide Roger Jones with a total of $50 million in low-interest loans for two bank repayment seasons in the shortest possible time through its investment company.

And at the negotiation table, the negotiator of Zhengxin tactfully reminded the board representative of Roger Jones: Your bank repayment quarter is coming soon.

To be honest, although the old helmsman is not optimistic about these businesses other than warehousing and logistics. But there was no idea within Roger Jones about letting go of this hard-won rare earth mine.

Moreover, even if it is to be handed down, the value of this mine is not at all worrying about the seller. If they are given enough time, they can even sell the mining rights of this mineral for more than five times the previous purchase price!

But......

Provided that there is enough time.

After a heated debate, Roger Jones' board of directors reached an agreement – change!

Mines are all things that belong outside the body for Roger Jones now......

Whether you can live well is a question, but whether you can live is the fundamental problem. In any case, survival is the most difficult problem that the company wants to solve at present.

Recently, the bank collection and the shareholder uprising have made the old Jones think of selling his famous cars.

At this time, although the face of Zhengxin is not rich, it can solve the urgent conditions......

It can only be said that the situation is stronger than people.

After a week of negotiations, the rare earth mine located at the junction of Nanfei and Promaoai was taken down by Zhengxin!