Chapter 884 The Completion of the Magava Rare Earth Mine

Just a few days after Tang Feng decided to continue building the "Star Series" heavy-lift launch vehicle, the Fiji Mining Company of Tang's Anglo-American Glencore Mining Group, which was far away in Fiji, released a piece of news, which immediately shifted the world's attention from the failed recovery of the "Starry Sky 1" heavy-lift launch vehicle to Fiji, a small Pacific island nation.

"Based on the efforts of our group surveyors for more than a year, I now have the honour to announce to the world on behalf of the Down's Anglo-American Glencore Mining Group that we have discovered a world-class marine mud rare earth mine in the north-eastern waters of the Republic of Fiji, approximately four hundred nautical miles east of Magawa Island, to be exact."

"The mine has proven reserves of 27 million tons, the main components of rare earths, and after more than half a year of intense construction, we have established a modern rare earth concentrator and refinery on Magawa Island, which can provide a variety of rare earth mineral products to customers from all over the world."

With Down's Anglo-American Carlencore Mining Group's Director of Mining, Brian Brown. With this announcement, the small Fiji instantly became the focus of global attention.

Under the current situation of China's strict control of rare earth mining and rare earth exports, the world has entered a stage of rare earth contraction. The price of rare earths is almost the same every day, and the **** is rising. But even so, rare earths are currently one of the most sought-after mineral products in the world.

The United States is the second largest country in the world in terms of rare earth reserves, but the United States closed its domestic rare earth mines early. Russia's rare earth ore exports are also very small, although India is also desperately mining, trying to replace Huaxia as the world's largest rare earth supplier, but where are India's reserves, it can't replace Huaxia at all.

Huaxia began to adopt a tightening policy on rare earth exports, which immediately led to a tight global supply of rare earths. But with the growing strength of China. Although China's rare earth austerity policy has caused many Western countries to complain and put a lot of pressure on the Chinese government, it cannot shake China's policy.

In this case, the discovery of world-class rare earth veins in tiny Fiji is undoubtedly a shot in the arm for the global rare earth industry.

And the whole world knows that the Down's Anglo-American Group after the acquisition of Glencore Strata. The sales channels have spread all over the world, and with the ability of Tang's Anglo-American Glencore, this rare earth mine with reserves of 27 million tons will definitely become a rare earth mineral product that is currently needed by all countries around the world in a very short period of time, so as to solve the current situation of global shortage of rare earth mineral products.

At the press conference, it wasn't just Brian. Most of the senior Fijian government officials, including the Fijian Prime Minister, attended the press conference and cheered for Tang's Anglo-American Caronol.

If you don't come, you can't do it. With the acquisition of Glencore Strata by Down's Anglo-American, what was once a huge mining conglomerate has now become even more behemoth. In the past, a group of high-ranking Fijian government officials, including Prime Minister Bainimarama, relied heavily on Tang Feng, and now the group under Tang Feng's name has found a way for Fiji to make a fortune

The discovery of this sea mud rare earth mine is also a huge tax revenue for Fiji. Fiji's taxes are very low, adding up to around 20%. Compared with the United States, Canada and other advanced capitalist countries, which often have 45% or even 48% of total tax revenue, Fiji is simply a paradise.

Although only 20% of the total tax revenue. Don't forget what kind of mine this is! This is the rare earth mine that is currently being rushed to the top in the world. As long as the concentrator and refinery on the island of Magava can produce a steady stream of qualified rare earth minerals, then even if the Fijian government only collects a 20% tax, it adds up to enough for the Fijian government to be collectively stunned.

Before Tang Feng arrived, Fiji's annual GDP was only $4 billion. And since Tang Feng installed the nuclear waste disposal base on Lausara Island last year, the nuclear waste disposal base alone has paid more than a billion dollars in taxes to the Fijian government in the past year. That's almost double the annual tax revenue of the Fijian government!

And now, the big boss Tang has created a more awesome rare earth mine, which is more money-grabbing than the nuclear waste disposal base!

As a result, Magava, a tropical desert island of only 2.6 square kilometers, which was originally uninhabited, has now immediately become the attention of the world.

Now on this tiny island. After more than half a year of construction, a very modern concentrator and refinery have been built on the island. Rare earth beneficiation and refining is a heavily polluting industry, as in China, where the pollution caused by concentrators and refineries in many rare earth producing areas is simply staggering.

However, Tang's Anglomeric's technology is not comparable to those privately developed rare earth mines in China, and with Tang's Anglomeric's technology, whether it is mining, beneficiation or refining, every step can control pollution to a minimum.

Needless to say, the concentrator and refinery on Magava Island have been repeatedly requested by Tang to use some of the best pollution prevention measures in the world, and for the mining part, Tang has chosen a new technology.

Sea mud rare earth ores located deep in the seabed are found in many places in the world, and most of these seabed rare earth ores are located in the deep sea area, which is inconvenient to mine and the mining technology is extremely complex.

In the process of transporting these sea mud rare earth ores in the shallow sea area, within the range of more than 400 square nautical miles, the sea depth changes extremely gently, the shallowest area is only more than 400 meters, and the deepest area, the sea depth is not more than 600 meters.

So Tang decided to go by sea. Drill. Well. platform to mine the sea mud rare earth ore in this area.

Of course, this kind of drilling. Well. The platform is not a platform like the extraction of oil on the seabed, but a semi-submersible platform with a similar appearance.

Because of the shallow sea depth, the mud mining equipment is installed on the platform, which can completely collect rare earth ores on the seabed. This mining method can be said to be an original mining method created by the Mining Department of Tang's Anglo-American Glencore, which is not only safe and convenient, but also can greatly reduce the mining cost. Of course, this mining method is limited to the mining of rare earth ores in shallow seas, and it is still not feasible to use it in deep sea areas.

In this way, as the two semi-submersible offshore platforms worked, the sea mud rare earth ore buried in the seabed was continuously mined, and then transported by 5,000-ton transport ships to the dock on Magava Island, and then into the concentrator and refinery.

Since then, Down's Anglo-American Glencore has one more mine that can be called a large amount of income (to be continued. )