In fact, the coke industry is also completely a profiteering industry, although the entry standard of this industry is not high, and the difficulty of jishu is not particularly large, but this industry is a highly polluting industry, and the pollution damage to the environment is particularly serious.

Therefore, in developed countries such as Europe, the United States and Japan, their attitude towards the environment has led to such high-polluting enterprises, which are destined to not survive.

Because they have to face higher environmental governance costs, and such environmental governance costs are often the key to survival for coke enterprises.

Especially now, with a steady supply of cheap coke from China, the environmental cost is almost negligible.

In addition, in the eyes of local governments, there are only hard indicators such as GDP, and as for what green environmental protection, it is no longer in the scope of their consideration.

Therefore, some coke companies that are still surviving in Shijie are already crumbling in the face of the market impact of cheap Huaguo coke.

There are even many, and Zuihou can only choose to close his business, or switch to other banks.

The reason why Australia's Riversdale Mining Ltd has been able to survive until now is because Australia is really sparsely populated, and the location of their factories and mines is sparsely populated, so there is no need to worry about anyone complaining, and on the other hand, because the resources in their hands are too rich, Australia's largest and most high-quality coking coal mine. This makes their costs much lower than those of coke companies in other developed countries. That's why they were able to barely survive under the onslaught of China's cheap coke.

But even so. The living environment of this company is still not very optimistic, after all, Australia's labor costs are not generally high, and even if their factories are located in sparsely populated areas, the government is still charging them high environmental treatment fees, which makes the company's living environment worse and worse.

In addition, most of the steel smelting industry in Shijie is in a state of contraction. As a result, their products are not competitive enough in the domestic and international environment, so in this way, they can only rely on meager profits to support themselves.

In his previous life, Li Yifan also began to understand the development process of this company when the secret service organization began to pay attention to Australia's iron ore industry.

The rise of this enterprise should be after 2004, and from 2002, Huaguo began to adjust its national development strategy. By 2003, Huaguo's steel consortium began to quietly exert force, and by 2004. Huaguo's iron and steel enterprises began to find that the original low price and abundant supply of coke seemed to be insufficient in the case of the country's large-scale steel making.

Therefore, he instigated the Development and Finance Commission to issue a paper ban, completely banning the export of domestic coke abroad, because such a ban even caused international economic disputes for a time.

However, the Riversdale Mining Ltd seized this opportunity, and they took advantage of the withdrawal of Huaguo coke from the international market, and began to devour the market gap left by Huaguo coke enterprises, and during this time, because of the shortage of coke supply in the shijie range, the price of coke rose three times a day, from the lowest time about 300 yuan a ton, zuihou rose to more than 1700 yuan a ton.

Moreover, Huaguo, which originally belonged to the resource export type, even zuihou has become the largest coke importer on Shijie, and how could a company like Riversdale Mining Ltd let go of such an opportunity to take a bite on Huaguo?

So in just a few years, they have jumped from a company with a capital weight of only 400 million Australian dollars to a company worth 4 billion US dollars, yes, in just a few years, their market value has increased tenfold, of course, it may not be worth so much, but when Zuihou Rio Tinto started this company, they spent four billion US dollars......

So Li Yifan is of course unwilling to give up this opportunity, rather than waiting for ten years to intervene, it is better to pick up the bargain now, not to mention that the market value of this Riversdale Mining Ltd, because of the impact of Huaguo coke, has fallen to far less than 400 million Australian dollars.

The company listed on the Sydney financial market, the highest price per share, can reach about 2.3 Australian dollars, but that should be more than ten years ago, after more than ten years of continuous defeat in the competition with Huaguo coke market, now the company's share price, has fallen to the point of a few cents per share, his market value, now is more than 200 million Australian dollars.

Moreover, when China's national development strategy has not been adjusted, their financial situation will only continue to deteriorate, and now it seems that they are looking for banks or investment institutions to raise funds.

Unfortunately, because of the poor performance of the market, coupled with the continuous supply of cheap coke from Huaguo outside, many banks and investment institutions are not optimistic about them at all, after all, such a continuous loss, and people can not see the development prospects of the enterprise, who is willing to throw money in, who is stupid B!

So at this time, it is really appropriate to take this company.

After winning this company, Li Yifan doesn't expect this company to make money, as long as he can persist in self-financing for two years, and even a little loss every year is acceptable, then after two years, this company will come back to life in one fell swoop, and then he will be able to earn absolutely rich benefits for himself.

To be honest, Li Yifan is actually not like seeking the near and far, after all, there are many rules in Australia, and there are many investigations into the background of foreign investors.

Especially for investors from Huaguo, those Australian turtle grandsons are extremely cautious, always like to look at people with colored glasses, full of approvals, and many bayonets, and these workers in Australia are uncles, they like to give you a strike at every turn, or just ask for a salary increase or something.

Therefore, Li Yifan doesn't like these Australians in his heart, and he is not willing to come to Australia to engage in this company.

Want to engage in coke, how cost-effective is it in China?

The labor cost is low, the resources are abundant enough, and the most important thing is that there is no need to consider any environmental pollution at all.

It's a pity that there is another thing you have to take into account when engaging in enterprises in China, that is, political costs, most of the coke enterprises in China are located in Jinxi.

The local business shili in western Shanxi is quite conservative, extremely xenophobic, and most crucially, private companies, and if you want to enter the coke industry, you also face a lot of political risks.

Because the National Development and Finance Commission has changed its decree every day, it is not once or twice, and in the next ten years, it will be the era when it is most fond of competing with the people for profit.

It's often when you look at the covetousness of a certain industry, and you simply make a decree and directly state the industry, what can you do?

For example, when the national coal industry was in a recession, the state threw all these industries to private operators and let private individuals carry them.

However, when the country's economic development situation improved, and the coal industry began to become more and more profitable, the state immediately turned its face, and the private coal bosses did not live a good life for a few days, and the government decree came down again, and the coal in western Shanxi became a national resource, and all of them should be nationalized and operated......

The same is true for the coke industry, in these years, when the supply of domestic coke exceeds demand, everyone is competing at low prices, and it is unprofitable, the state ignores you at all, and only collects taxes.

But a few years later, when the country's iron and steel tide arrived, it was a decree from the Fortune and Finance Committee to nationalize all private coke industries.

Pity those private bosses in the coke industry, Yunkai who has just received it has not seen the moon today, everyone has just passed a few days of comfortable days, and this hard-working enterprise has been taken away by the state......

Zuihou only got a few million, or tens of millions of buyback fees, but what is this money compared to the profits that their coke companies can generate?

The domestic business environment has deteriorated to this point, and Li Yifan has nothing to say, so he will never dare to play coke enterprises in China.

After Li Yifan roughly explained the situation of Riversdale Mining Ltd to Li Annie, Li Annie also had her own judgment, it seems that this guy is determined to gamble, and a big wind of steelmaking will rise in the international market in the future!

But since people are willing to gamble, then let him go, anyway, the money is his own, he is willing to spend how he wants, how to spend it, and this Riversdale Mining Ltd, now it seems, is indeed not expensive, even if the time comes, let the steel companies in Singapore, give them a little order, it is enough for them to eat.

At this time, Li Yifan was not only thinking about this Riversdale Mining Ltd, he was also thinking about other projects suitable for investment in Australia.

In this year, Australia has been included in the list of developed countries, but in fact, in many fields, it is still blank, and there are still many profitable places.

In the next few years, this country will be like a locust lying on Huaguo's body, relying on the sale of resources, but it has sucked a lot of blood from Huaguo, so why do you have to help the countrymen get back a little interest? (To be continued......)