Thanks to the large areas of land that were forcibly seized during the tsarist era, Russia is rich in various resources. In the wake of the collapse of centralization, local governments were keen to sell what they could for short-term gains. As for how many resources to leave for future generations, only the Chinese who have always been frugal will have such a concept, and the European countries believe in which flood after death.

Seryosha is also a person with this idea, and he was able to become governor because he promised to bring a prosperous life to the people of the state, and as for what kind of means to take, the people did not care. Selling Dubias iron ore to Chinese companies is a welcome event for Chita residents. The reopening of iron ore mines means a lot of investment and ample jobs, which is a shot in the arm for Chita, where industry is already in decline.

Gege Chi Corey and others previously opposed the acquisition of iron ore by Japanese companies, just because the Japanese did not have the desire to mine iron ore, but just wanted to spend some money to occupy the mine, and then consider mining in the future, and may even have the idea of reselling. If so, then not only will it not bring prosperity to Chita, but it will also prevent others from developing the iron mine.

The future that Kuroko described to Gege Chikori and the others was to their taste. In particular, Kuroko hinted that they could be given a good position in the future and let them use their spare energy, which made them even more happy.

The way in which a fighting nation expresses its joy is naturally a booze. Before they poured Gegechikory and Seryosha under the table, an agreement had been reached for the Chinese company to buy the Dubias iron ore mine, with the help of the Chita regional government.

While Kuroko was making progress in Russia, dozens of prospecting teams were busy in the vast steppes of eastern Mongolia. An unprecedented prospecting operation is also unfolding.

"Attention, there is a geomagnetic anomaly!"

"Lower the height and lower the pod!"

"Record the bearing, east longitude...... Latitude ......"

A modified Y-8 aerial survey aircraft hovers low at altitude, and under the cabin, a geomagnetic survey pod hangs from a long cable. Aerial magnetic surveys are used to find iron ore. It is currently the most effective means. As early as the fifties and sixties, China has carried out a nationwide aeromagnetic survey, and locked a number of iron ore deposit areas. As demand for iron ore resources grew, China began to look to its neighbors.

In addition to a dozen aeromagnetic experts sitting in the cabin, there was also a young man wearing a dirty suit with an excited face, who was none other than Wan Baokang, the heir of the Phu Kang Iron and Steel Company in Hongyuan Province. Wan Baokang's father, Wan Donghua, was Qin Hai's business partner, and with Qin Hai's technical guidance, Bhu Kang Iron & Steel Company became the largest private steel company in Hongyuan Province. Wan Baokang was once a gentleman, and once obsessively pursued singer Qin Ling. Later, under Qin Hai's agitated law. Manpowercom cheered up and began to look abroad for business opportunities in order to prove its strength.

A number of years have passed, although Wanbaokang has not been able to get the beauty as he wished, but it has made brilliant achievements in overseas business. Two years ago, he invested 20 million yuan to buy the prospecting and mining rights of 2,000 square kilometers of grassland from Mongolia. This time, with the help of Qin Hai, he was able to hire a capable geological and mineral exploration team. He began to survey the grassland he had bought.

The printer creaked, sending out a piece of paper printed with red and blue lines. The leader of the survey team stepped forward. Picking up the record paper and scanning it a few times, he couldn't help but be overjoyed, turned his head to Wan Baokang, who was looking at him, and said: "Mr. Wan, I have good news for you, according to the aeromagnetic data, this area is very likely to contain a large iron mine. Reserves are expected to be between 800 million tonnes and 1.4 billion tonnes. ”

"Oh yes!" Wan Baokang jumped up in the cabin, "Quick, send a telegram to Mr. Qin in the capital for me, tell him that I have found the mine." Found the Big Iron Mine! ”

Chinese companies are all out in search of new iron ore mines around the world, and it is impossible for Vale and BHP Billiton, as mining giants, to go unnoticed. In fact, both mining giants have investigated the mining areas that Chinese companies have touched, but they have not been involved in depth because of the high cost of prospecting and pessimism about the subsequent mining costs. Hearing that the Chinese have begun to carry out surveys regardless of work, and even various preparations before development are already being carried out in some places, the two giants are a little panicked.

"What did the Chinese say when they were negotiating?"

In Vale's president's office, Callum is learning the details of the negotiations from Lapaz, the company's negotiator who had previously been sent to negotiate with China.

The breakdown of the first negotiations with the Chinese side did not attract much attention at Vale's headquarters. When Lapaz returned to headquarters, he gave a routine debriefing, and on that occasion Callum was not present at all, but only listened to the assistant's relays afterwards, and then put it behind him. The Chinese will not accept the demand for a 70% increase in ore prices, which the company's strategy department had estimated in advance, and they made another estimate that the Chinese would soon demand a second negotiation and would give in.

Vale has no reason not to be optimistic, as they have the world's finest and cheapest iron ore in their hands, and after more than 10,000 kilometres of sea transportation, it is still much cheaper than China's own iron ore. There is no reason for Chinese steelmakers to refuse Vale's ore, and even if Vale raises the price of ore by 70 percent, Chinese companies will have to accept it. As for their departure in the first negotiations, it was naturally because the Chinese love face and want to express their anger in this way. But it didn't work, and they would definitely come back eventually and receive more humiliating slaps in the face.

Callum waited for two months, not for the Chinese's request for the next negotiation, but for the intelligence summary provided by the strategy department about the Chinese's frenzied prospecting around the world. According to estimates by the strategy department, Chinese companies have invested at least $500 million in prospecting and mining rights, some mines that have failed in competition with Vale have also been bought by the Chinese, and a large number of mining equipment orders have flown to global mining machinery manufacturers.

"Guinea Simandou iron ore? Hasn't this iron mine proven to be of no development value at all? Callum took the report and asked Joftz, the director of the strategy department, in surprise.

"Yes." "We used to evaluate the mine. Based on available exploration data, the iron ore has reserves of 2.25 billion tonnes and prospective reserves could reach 5 billion tonnes at a grade of 66%. However, the infrastructure of the mining area is extremely poor, and if the ore is to be transported out of Africa, an 800-kilometer railway line needs to be built, and the upfront investment is very large, and there is no development value. ”

"So, why did the Chinese develop it?" Callum asked, tapping his hand on the report.

"I think ......," Joftz said, "maybe it's because they don't know the cost of iron ore development, they don't have the ability to calculate costs, you know, it's far cheaper to develop Simandou iron ore than to buy ore from us or BHP Billiton." ”

Callum glared at Joftz, he didn't believe that the Chinese would develop the Simandou iron ore because they were confused, this is not a matter of buying two pounds of apples on the street, but a large project involving tens of billions of dollars of investment, how can the Chinese not make a serious assessment. Jofz is right about the fact that it is economically unreasonable to develop the Simandou iron ore mine, and that it is better to buy ore from Vale than to spend billions of dollars on a railroad and then billions of dollars on mining machinery. However, it is precisely because this matter is unreasonable that the mystery is worth exploring.

In this way, Lapadz returned to Callum's field of vision, and he was called to the president's office to report back to Callum on the details of the negotiations.

Mr. Qin, the negotiator on the other side, said he had given Vale 30 days to think about it, and if that time passed, Chinese companies would no longer work with Vale. He also said...... "Laparz didn't dare to continue, and the words that followed were a little fierce."

"What else did he say?" Callum saw Laparz's hesitation and asked.

He said...... Chinese companies will not buy another kilogram of Vale's iron ore for five years. Laparz said.

"What a big breath." Callum muttered. Qin Hai's warning had actually been relayed by Lapadz in his last report, but the decision-makers of the entire Vale did not take it seriously at that time. In business negotiations, it is normal to talk harshly to each other, and afterwards, both the person who said it and the person who listened to it will pretend to forget it. The kind of thing that uses the cruel words of the past to squeeze others, that is, children will only do it, as long as it is not in black and white in the shopping mall, it will be relied upon.

But now, Callum began to believe in Qin Hai's threat a little. More than two months have passed since the negotiation, and Qin Hai has not proposed to negotiate again, not even by phone or email, and it seems that he really wants to cut off his friendship with Vale. When it comes to the behavior of Chinese companies in global prospecting and mining, Callum is a little apprehensive.

"You have to find a way, you have to figure out what the Chinese think, which is very important for the company's decision-making." Callum commanded Jeffs. (To be continued......)