The production cost of the Kuriksen polymetallic mine is not high.

The largest expense is taxes, which are estimated to have 45 percent of the profit.

According to the Australian Mining Association, Yemu Mining can only produce 165,000 tonnes of lead concentrate, 109,000 tonnes of zinc concentrate and 155,000 tonnes of copper concentrate per year. This is the highest value, and there is a minimum value, which is how much must be mined each year, and if the target is not reached in three years, the Australian mining management department will have to repossess the leaf wood mine. The minimum value is really low, and it can be reached casually.

This is the total amount of ore that can be mined per year from the Culikson polymetallic deposit based on the mine reserves, the total amount of ore mined in Australia per year.

With such production, it will take 31 years to complete the mining of the main deposit. The sub-mine area has been mined for a minimum of 80 years......

In other words, at the current price of lead, zinc and copper, mining rich ore, Yemu Mining Company can reach about 2.3 billion Australian dollars in annual sales. Factoring in the potential for concentrate price fluctuations over the course of a year, sales could be between $1.9 billion and $2.4 billion.

The biggest expense for a company is taxes. With $2 billion in sales and 45% of the profit, there will be $900 million in money that falls into Yemu's pocket, which will only be more, not less.

In the future, the mining company will take the offshore company account, and it can also avoid the corresponding tax on a large amount of profits.

Having an offshore company doesn't mean you don't have to pay taxes, but ......

For example, a Chinese company placed an order for 10,000 tonnes of copper concentrate, which is $93 million. Yemu Offshore could buy 10,000 copper concentrate at $80 million or less. After the payment by the Chinese company, $80 million was transferred to Yemu Mining Company and $13 million went to the offshore company. It was originally a contract of 93 million, and this operation avoided the corresponding tax of 13 million.

No matter how it is operated, it is impossible for Yemu Mining Company, as a producer of mineral raw materials, to avoid taxes 100 percent.

The concentrate produced by Yemu Mining Company is mainly exported, and in the future, all of it will be taken into account by offshore companies, and the annual sales will be clear at a glance, which is also convenient for Yemu to supervise finances.

After reading the documents in the office, get an overview of ore production, concentrate production and sales.

Ye Mu went into the concentrator factory.

Chinese are known for their ability to endure hardship, as long as they can make money.

The Chinese faces in the factory reminded Ye Mu of himself in Alaska......

Ye Mu didn't disturb everyone's work, and walked around the factory to the mine.

In Ye Mu's personal experience, it seems that there are Chinese people in every part of the world.

The work in the mine was in order, and Ye Mu looked at Connor: "I'll go to the ranch to have a look." Karn stayed and sent me over. ”

“OK。 Karn stroked his beard back and smiled.

Ye Mu sat in Kahn's car, an F350 modified off-road pickup.

"Get used to life here?" Haki asked.

"It's fine. Sometimes I miss my family in the United States. Karn shrugged his shoulders and glanced at Haki, "It's hard to imagine that two years ago we were working together to pan for gold in Alaska. ”

Ye Mu smiled and said, "Why don't you bring your family over." ”

Haki was one of the few people he heard Karn talk about his family.

"It's been almost ten years since my wife died. He has two sons and is already married. Kahn shook his head: "Maybe there are a lot of Chinese guys in the company, and I ...... when I come into contact with them and listen to their family members who often talk about it."

The gravel pavement of the road with the sound of wheels crushing over the past.

Chatting back to the ranch.

From the newly planned pasture, it looks neat and orderly. A lot of wooden houses were added, scattered in one area after another, and the roads paved with useless slag were wide and straight.

The ranch has also opened up tourism services, RV rest areas, etc., although it is not profitable for the time being, and it is still a good plan from the perspective of future prospects.

The rancher's house had been empty for Ye Mu before, and the yard was full of rusty containers, which Ye Mu had never opened since he left. There was also a motorhome parked in the garage, dusty......

Put down the two Erha, these two guys are scattering and running.

Mike kept following Ye Mu: "Boss, do you need to see the account books of the ranch?"

"I'll see tomorrow. Prepare some beef tenderloin and barbecue charcoal grill, I want to eat barbecue. ”

Snowflake beef is grilled and eaten with a cold beer, and it feels very uncooked. The next day, Ye Mu looked at the account books of the ranch, asked McDuo to prepare some beef, mutton and beer, and invited the two company team leaders and first-level employees to come over for dinner.

There are 41 employees at this level. There are 7 ...... from China

Ye Mu and the senior administrator gathered for a while, and came to the five fellows with beer: "The fellow saw the fellow, and his eyes were full of tears. I'm from Shu Province, where are you?"

"GZ, Southern Province...... Guangzhou ...... Northeast...... Lanzhou. ”

These men appeared limited and reserved.

The Couriksen polymetallic mine, everyone knows the situation here.

The mining company is a sole proprietorship, a private property, plus a ranch, and I heard that the owner is a major shareholder of a publicly traded bank in the United States......

In the past two years, Ye Mu's assets have indeed swelled a bit strongly.

Ye Mu touched the cup with them and asked, "Are there any difficulties in working here?" ”

"No, it's good. An employee who looked to be in his early forties replied.

"That's good, I hope everyone's life can get better and better. Ye Mu sat down.

"Boss, can we implement the cumulative leave system, that is, we don't have double holidays, and accumulate holidays together. An employee who looked about the same age as Ye Mu asked.

"This ......"

In any case, there is a certain danger in the work in the mining area, and fatigue work is prone to accidents.

The last thing Chinese are afraid of is to suffer hardship, and Ye Mu is a little helpless: "You can consider changing from two days off to single rest, accumulating one day of vacation per week." It can be counted as annual leave, and if you want to take a break in the middle of the journey, you can also use the accumulated leave to go out. ”

"Thank you boss. ”

"This has to be discussed with Connor, and a vote will be initiated, and half of the employees should agree. ”

After spending a few days on the farm, Lawrence couldn't find a steel mill in Africa that met Ye Mu's requirements, and he was very helpless to call.

It is not a question of the ability of Shengmei Investment Bank, but the overall industrial industry in Africa, and the scarcity of steel factories is still a very important industry.

"Ye, if you have your eye on the African steel industry, you can only invest in the construction of one and buy the existing steel plant, which is unlikely. Lawrence said sorry again on the phone.

Ye Mo touched his chin: "It's okay." Acquire me a steel mill in coastal China...... At the same time, estimate how much money I can borrow from the bank for my current property. ”

"Let's start with how much cash you have. "Lawrence knows that Ye Mu is a fat guy.

"I need a loan for other purposes. ”

"That's ......," Lawrence pondered for a moment: "Sheng Mei shares as collateral can give you a loan of $1.2 billion, which is the limit of our bank, less than 5 years, with an annual interest rate of .5.2%. 4~10 years, annual interest rate 5.9%. Preliminary estimates are that mining companies can borrow up to $3 billion, and ranches can borrow up to $300 million, with an annual interest rate of around 7 percent...... This is the shortest possible time to get a loan. If you don't mind the duration, you should be able to borrow more than $6 billion in total. ”

Ye Mu calculated in his heart, $1.2 billion, a loan of less than 5 years, a year's interest of $62.4 million, and 5.2 million per month. As for the repayment of the principal, if the value of the debtor's collateral is greater than the principal, and the bank loan interest rate does not change much after the time, the loan agreement can also be re-signed.

The interest is acceptable, and any bank is willing to lend money as collateral for good assets.

"I have a lot of money at my disposal. ”

"Of course. Lawrence laughed, "Tell me about the size of the steel company you need." ”

"A company with ironmaking qualifications has a pig iron output of not less than 1 million tons. Crude steel production is not less than 2 million ...... And with a variety of metal smelting licenses, the more the better. ”

"This ...... I'm afraid that I need to buy a lot of metal smelting companies, how much capital can be used?"

"$1.2 billion start-up capital, I'll come over after the loan procedures...... The size of the acquisition should not exceed $5 billion. ”

"God, it's crazy. What are your mining company's profit margins?"

"About forty-five percent. ”

"Fake. ”

For the acquisition of the project, the start-up capital of $1.2 billion is sufficient. After that, the acquisition or expansion depends on the specific situation.