"Bolivia?" Tang Feng muttered suspiciously, and then remembered the famous name, "You mean Mutong Iron Mine?" ”

Andrew nodded with a smile and said, "Tang, you're right, we are targeting the Mutong Iron Mine and plan to invest heavily in the development of this iron mine!" ”

Tang Feng shook his head and asked, "Mutong Iron Mine is indeed a very good target, but the current mining rights of the world's largest iron ore mine seem to be in the hands of EMS and JSPL, right?" Do you have a way to get the mining rights out of these two companies? ”

EMS company is Empresa Siderúrgica Mutún company, this company is a Bolivian state-owned mineral resources company, 50% of the mining rights of the Mutong iron ore mine are held in the hands of this company, as for JSPL, it is an Indian abbreviation called "India Jingdela Steel and Energy Company", is the largest steel and energy company in India, in addition to mining everywhere in India, but also actively involved in the development of many mineral projects abroad. The world's largest iron ore mine has a 50% stake in JSPL back in 2007.

Mutong Iron Mine is the world's largest iron ore with the richest iron ore reserves. Located on the border between Brazil's Mato Grosso do Sul and Bolivia's Santa Cruz province, the mine covers a terrifying 830,000 square kilometers, which is already larger than many countries.

At present, there are three super iron ore mines in the world, and the third is the Pilbara region of Western Australia, Australia, which covers an area of 80,000 square kilometers and has rich iron ore reserves of 55-66 as high as 25 billion tons.

The second place is the well-known Brazilian iron quadrangle region, of which the main body is Minas Gis iron ore with an area of 7,000 square kilometers, although this area is not as good as the Pilbara in Western Australia. However, two of the iron-rich ores have average grades of 60 and 68.5 and reserves of up to 30 billion tonnes. As for the unweathered iron-bearing quartzite with a grade of 45, the reserves are not calculated at all, because in the eyes of Brazilians, iron ore with a grade of less than 60 is not worth mining at all! In contrast, the domestic iron ore with a grade of more than 30 in China is already iron-rich, and the grade reaches 50, which is the best iron-rich ore! Even the grade of iron ore mined and surveyed in China is only 18-30. This has to be said to be a sadness.

As for the number one one, it is naturally this Mutong iron mine. This iron ore mine is not only the largest in the world. Moreover, the reserves of iron ore with a grade of 63-66 alone are as high as 80 billion tons, of which Brazil accounts for 23 billion tons and Bolivia occupies 57 billion tons. As for iron ore with a grade of less than 60, it is not uncommon for people to estimate

However, because the Mutong iron ore mine is located in the rainforest, it is extremely inconvenient to mine, so it is the largest iron ore mine in the world. It has not yet fully entered the stage of full development. Even though it has been almost ten years since JSPL obtained the mining rights, the mining in this place can only be described as a small fight - compared to the huge reserves and amazing area of the Mutong Iron Mine, only Ah San's company mines tens of millions of tons of iron ore a year, what is it not a small fight?

Hearing Tang Feng ask, Andrew smiled, looked at Benjamin and Chris, and then said, "That's right, the mining rights of this mine are now in the hands of others." But that doesn't mean we can't get the right to mine this mine! Let's not talk about EMS, it's a Bolivian state-owned mining company after all. It is basically impossible to get the mining rights of the Mutong iron ore mine from them. But the JSPL in India is different. The company acquired a 50 percent interest in the mine back in 2007, but JSPL pledged to invest no less than $2.1 billion in development over the next four decades. As it turned out, these Indians were only good at talking, and a few years ago, the steel mills promised by the Indians were still in sight. As a result, the Indians couldn't wait for the iron ore to come, which made the Bolivian government quite dissatisfied, and even issued an ultimatum to JSPL, threatening to cancel JSPL's mining rights. And recently, whether it's Australia or China or Russia. All of them have expressed great interest in the Mutong iron ore mine, and with the participation and competition of these countries, it is presumably that JSPL's mining rights are already in jeopardy. ”

Tang Feng had heard about these situations to some extent, so he asked: "Andrew, I also have a general understanding of these situations, but what does this have to do with your Mellon family?" Could it be that your Mellon family is planning to snatch the mining rights from the hands of these countries? ”

"Hehe, Don, what you said is basically correct, but there are some things that are wrong. Australia now wants to fight for the Mutong iron ore mine is mainly BHP Billiton and Rio Tinto, and Russia is also two private companies, so whether it is BHP Billiton, Rio Tinto or the two companies in Russia, we can ignore it, and now it is China that is distressing. As you know, Bolivia's relationship with the United States has not been very good recently, in 08, Bolivia even expelled the US ambassador to Bolivia, and we just want to take the mining rights in the hands of JSPL, so our Mellon family is ready to cooperate with Huaxia to win the world's largest iron mine! ”

After a pause, Andrew organized the language and continued: "At present, the relationship between China and some countries in South America is quite good, especially Bolivia, which has tightly hugged Huaxia's thick thigh. Oh, I'm sorry, Don, I don't think I should describe your country like that, but what I'm saying is the truth, now China's economic development is so good, let alone Bolivia, I'm afraid that now China is the world's thick thighs, last year's Mr. President of China visited Europe, and launched cooperation with Britain up to $400 billion, as well as a series of other economic cooperation, but the sensation caused by it has not subsided until now, and the entire European economy has begun to gradually recover because of China. This can only be said that Huaxia is extremely powerful now, so even in the United States, active cooperation with Huaxia has gradually begun to become the mainstream. It is precisely for this reason that our Mellon family plans to establish a foundation for cooperation with Huaxia. And we all know that Huaxia is short of iron ore, and it is extremely lacking, so we plan to carry out real cooperation with Huaxia on the project of Mutong Iron Mine! And you, Tang, I hope you can become the hub of cooperation between Huaxia and our three major families! (To be continued......)