Say that Sam is moved, and then the rest will be easy. Pen × fun × Pavilion www. ｂｉｑｕｇｅ。 ｉｎｆｏ

Tang Feng and Sam, the leaders of the world's largest mining company, nested in Sam's office and discussed for two days almost without leaving home, before the final spin-off plan was decided.

Since the acquisition of Glencore Strata in early 2018, the combined Tang's Anglo-American Glencore has become the world's largest mining company. Although Tang's Anglo-American Glencore was not listed at that time, relying on the well-known mines under Tang's name, plus more varieties of mines obtained after the acquisition of Anglo American Group and the sales channels of Glencore Strata, Tang's market value at that time had far exceeded the market value of BHP Billiton, Rio Tinto and Vale combined.

However, just after the acquisition of the "king of sales" Glencore Strata, Tang's business did not soar. The burden of Glencore Strata was too much and too heavy, so the integration of Glencore Strata alone took Down's nearly a year.

However, after a year of dormancy, the entire Tang Clan has taken on a new look. After thoroughly digesting Glencore's sales channels and mines under its name, Tang's in 2019 can only be described as soaring.

In the precious metals industry, based on the Nevada Gold Mine and the Gravina Island Copper and Gold Mine, the world's largest gold mines, and relying on Glencore's sales channels, Tang's has become the world's largest gold producer and supplier, and in the three years from 2019 to 2021, Tang's gold supply has been accounting for more than 40% of the world's total, providing more than 2,000 tons of gold, platinum and other precious metals to the world every year.

Of course, the recovery of global gold prices has also made Tang's a lot of money in precious metals over the years. You know, because of the high grade and low mining costs of the Nevada and Gravina copper-gold mines, even in the era when the global gold price was only US$900/oz, Down's has a lot of profit margins in precious metals, not to mention that the current gold price has risen to close to the all-time high of US$1,800/oz in 2011.

The price of gold has now reached a high of $1,750 an ounce and is still rising. At that price, Down's profits were almost $1,000 for every ounce of gold sold.

This is a rather terrifying profit figure, that is, because Tang's is not a listed company, some costs and everything are confidential, and others don't know about it at all. If outsiders know about Tang's profitability in precious metals, then Tang's market value will definitely rise upward!

When it comes to copper mines, the Tang clan is even less so. the St. Lawrence Copper Mine in Argentina, the second largest copper mine in the world; The Arica Copper Mine in Chile, the world's largest copper mine! The reserves of these two copper mines alone have already pushed Tang's to become the world's largest copper company, and even those state-owned copper companies have copper reserves that are not as good as Tang's!

Like the precious metal mines, Tang's two copper mines are the kind of high-grade, low-cost mines, and when copper prices fell to a low point in the past few years, Tang's copper business can still maintain nearly double the profitability, which is quite a scary thing.

In terms of oil, the Beaumont oilfield, which Tang relied on, has been continuously pumping crude oil from other places after Tang, so the Beaumont oilfield, which has been in operation for seven years, can still maintain an annual output of 100 million barrels. As for the oil and gas field in the Gulf of Anegarda in Argentina, it has long since become the most famous oil field in the world.

Despite the low oil prices caused by the so-called shale oil and gas in recent years, this still did not affect Tang's oil and gas profitability. Don't forget how these two oil fields came about, they were all given by Tang Feng, there is almost no exploration cost, and the exploitation cost is very low, so low that it is unbelievable, so on these two oil fields, Tang's profit is also extremely rich.

In terms of gemstones, the Tang clan put Dai under the name of Dai. Beers spun off and returned more than $10 billion in funds. Although the world's most famous diamond company is missing, Tang's strength in gemstones is truly terrifying.

If Tang still has competitors in copper, gold, oil and gas, ferrous metals and coal, then in terms of gem mines, Tang can be said to be sweeping!

Tang's two red sapphire mines and jadeite mines in China have replaced Myanmar, Thailand and Sri Lanka as the world's largest jadeite base and ruby supply base; The emerald gem mine near the St. Lawrence copper-gold mine in Argentina is also the world's largest and best quality emerald gem mine; Later, Tang acquired two Opal mines in Australia, and after Tang's activities, these two Opal mines are also the world's largest Opal mines; In addition, Tang acquired a gem mine in Africa, producing African gemstones such as tourmaline and tanzanite......

As for the most precious of the four gemstones, that's not to mention. Tang's Namibia Diamond Trading Company is the world's largest producer of gem-quality diamonds, not to mention that in the underground tunnel of Lausara Island, which is like a paradise, Tang Feng has the luxury of directly setting all the gem-quality rough diamonds up to 1.6 billion carats onto the rock wall, which has not been used!

Therefore, the gemstone business is the least Tang Feng has to worry about.

If there is any aspect of Tang's shortcomings, it may be the aspect of ferrous metals and coal.

However, although it is said to be a "short board", it is only relative to Tang's other businesses.

In the past, Tang's Mining did not have a business in iron ore or even base metals and ferrous metals, mainly because Tangfeng, a big boss, looked down on this kind of low-value minerals, so in addition to Mutong Iron Mine, Tang's Mining did not develop mineral products in this area. However, Anglo American has a very strong advantage in some projects in ferrous metals and base metals, such as South Africa's Cooper Mining, Brazil's Minas Rio Tinto and other three major iron ore projects, so when Tang's acquired Anglo American, Tang's iron ore, ferrous metals and base metals entered the world's top ranks.

Moreover, when Tang acquired Glencore Strata, it also took over a series of "titles" such as the world's largest ferrochrome producer, the largest zinc producer, and the fourth largest nickel miner in Glencore Strata. This has made Downs the world's largest producer of ferrous metals.

Of course, compared with Vale, BHP Billiton, Rio Tinto and other major iron ore producers, Tang's is not as good as these three companies in terms of pure iron ore production, but in terms of comprehensive production capacity of ferrous metals, it has been far behind these three major iron ore suppliers......

As for coal, after four or five years of continuous mergers and acquisitions, Tang's coal supply is now the world's largest coal supplier, the world's largest coal supplier and the world's largest coal reserve mining company!

Four years ago, Tang's was already the world's No. 1 mining company, and after more than four years of rapid development, Tang's huge can be imagined!

But it is precisely this huge size that makes Tang Feng and Sam, the two heads of the Tang clan, really painful and happy when they discuss the split! (To be continued.) )