The conservatism of the Australians, Li Yifan has heard of it for a long time, these guys are purely a group of scoundrels from a business point of view, which can be seen from the losses suffered by the major steel companies in China in the next few years, of course, it also has a lot to do with the lack of morale of those state-owned enterprises.

But he didn't expect that in this year, this Australian steel company, under such a difficult situation, they were still so conservative and stubborn.

Before 2002, the life of these iron ore giants in Australia can be said to be not too easy, and in the year when the wind and rain are good, their life is about to be good.

Shijie's three iron ore giants, Vale, BHP Billiton and Rio Tinto, of which Rio Tinto had the worst days.

Vale is located in Brazil, their iron ore, because of the distance by sea, can be exported to Europe and the United States on a large scale, and European and American iron and steel companies, in the face of these iron ore companies, have an absolute negotiating advantage, once these iron ore giants, if they join forces to raise prices, then people can completely resist you, so in front of European and American steel smelting enterprises, Vale and BHP Billiton, as well as Rio Tinto such enterprises are grandsons.

BHP Billiton has other mineral resources to be mined, so their life is still good, and among the three iron ore giants, the most grandson is Rio Tinto.

Because of the distance and freight costs of sea freight, the main export destination of this iron ore company can only be delineated in developed economies in Asia, such as Japan or South Korea.

However, the steel production capacity of these two countries is due to the size of the market. Limited after all. So their days are in the three iron ore giants. It's the saddest one.

This situation continued until the beginning of the new century, when Australia, which had just weathered the baptism of the Asian financial crisis, did not have a good time in terms of exports.

At that time, the leaders of the Australian government, which mainly relied on selling resources, often visited Asia, often visited the leaders of Asian countries, and negotiated with each other, hoping that the other side could import more domestic resources.

The then Australian Prime Minister John Howard visited Asia every time. He had to travel to China, and every time his delegation was represented by Rio Tinto and BHP Billiton.

When they arrived in China, they also pretended to be grandchildren everywhere, visited the leaders of major domestic iron and steel companies, and hoped to establish long-term bilateral trade relations with Chinese iron and steel enterprises.

Later, in 2002, the new leadership of Huaguo came to power, and when the foreign export trade began to show weakness, Huaguo began to adjust the national economic development strategy and focus the national economy. The large-scale shift to the real estate industry and the automotive industry has created a surge in domestic iron ore demand. The pressure on domestic iron and steel enterprises has increased.

Since then, Huaguo began to import iron ore from Australia on a large scale, that is, from that time, these conservative Australians began to tremble, and the price of iron ore rose shamelessly within three years, and the price of iron ore tripled compared to the original a few years later, and even increased fivefold at the highest time.

And Huaguo's iron and steel enterprises, because of improper business steps, coupled with traitors leading the way, coupled with the stupidity of the leaders of those iron and steel enterprises, this led to the later Huaguo in the purchase of iron ore, within five years, than before the incident of 700 billion yuan.

And now the reason why Li Yifan wants to invest in Rio Tinto is that on the one hand, the price of iron ore in the Shijie range has not yet risen.

Second, it is also because of the quality of the leaders of these domestic iron and steel enterprises, most of them are good at political struggle and economic development, and most of these people are wine bags and rice bags, even if they are given a few more opportunities, they are the same in the international market.

So a few years later, when buying iron ore in China, it is still inevitable to spend more money, so instead of letting these gringos make all this money, it is better to intervene yourself and help earn it back.

At least I won't be like those local tyrants, after making money, I will go abroad to throw money and make a lot of money, at least I will spend this money in China, so that the people in China can get some benefits.

So he had the idea of wanting to invest in Rio Tinto at this time, just at this time, Australia's economy is not good, and Rio Tinto's life is also not good, at this time they are looking for financing everywhere to ease the pressure on their capital chain.

He originally thought that this business would be a natural deal, as long as his own funds were offered, Rio Tinto would have no excuse to reject his financing application at all.

However, he forgot that these Australians have always been known for their conservatism in the business world, of course, their conservatism is not aimed at white countries in Europe and the United States, but mainly for colored people in Asia, especially in China, except for the Japanese, of course.

"Yifan, don't be too angry, I've been investigating the main reasons behind this matter recently, check and check, zuihou let me get some eyebrows, it seems that it is not only those Australians who are resolutely opposed to our financing and shares, but also the Japanese behind them have contributed a lot."

"What?"

When Li Yifan heard this, he raised his eyebrows, and a wave of anger suddenly rose in his heart.

These Japanese are really a-stirring stick, as long as there are our Chinese people appearing, they are indispensable to participate in the peace, and the Anda line that negotiated with Russia back then was stirred up by them.

In his previous life, because of special channels, he had a very deep understanding of the business behavior of Japanese people.

As a country with extremely poor resources, the Japanese have an almost endless thirst for all kinds of resources on shijie, and after World War II, they seized the opportunity and the economy took off, and the Japanese began to go abroad, waving the dollar bills in their hands, and began to look for suitable resources throughout the shijie.

And iron ore is one of their main targets, Shijie on the three iron ore giants, two of which have an extremely close relationship with the Japanese, if it weren't for BHP Billiton's background of the Red Shield family from Europe, I'm afraid even this company will be infiltrated by the Japanese.

In the previous life, after China's economic strategy was adjusted to the real estate industry and automobile industry as the main force, China's steel companies and foreign iron ore giants were sniped at every negotiation, and the leaders of each sniping were almost all Japanese.

Every time a Chinese company wants to negotiate the price with an iron ore company like Rio Tinto, Japan's Nippon Steel will always take the lead in reaching a price increase agreement with Brazil's Vale before the negotiation begins, and when it comes to negotiations, Rio Tinto or BHP Billiton will spread their hands.

In addition, the domestic steel system is chaotic, and the local governments blindly mess with the steel project for the sake of political performance, resulting in the domestic steel alliance is simply chaotic.

And that Nippon Steel Co., Ltd., Weishenme will take the initiative to negotiate a price increase contract with Vale every time?

The reason is simple, because the big financiers behind them, the Mitsui chaebol, are the major shareholders of Vale and Rio Tinto, and they are one of the largest single shareholders of Vale's parent company, VALEPAR, who holds 15 percent of the company's shares.

So even if they suffer a loss in the price of steel import and export, they will make money back from the Brazilians when they change hands, so the extra cost of price increases, for them, is nothing more than a left-handed exchange for a right-handed one.

And this subordinate of the Mitsui chaebol, Mitsui & Co., is the mastermind behind these business activities, they are not only the majority shareholder of Brazil's Vale, but also the majority shareholder of Rio Tinto, and the shareholding of Billy is also not less than 15%, so it has a lot of weight on the company's board of directors.

The method they often use is to let Vale take the lead in raising prices, because Vale does not have much contact with China's iron and steel companies, and because of the relationship between shipping distance and freight, China generally rarely imports iron ore from Brazil.

In this way, Vale's price increase will not be restricted by domestic constraints, and when Vale's price increases, Australia's Rio Tinto and BHP Billiton will often take the initiative in negotiations with China's steel companies.

And in this way, the Mitsui chaebol will hide behind and make a fortune in a muffled voice.

And because the Japanese have always been hostile to China, this also leads to the fact that when Chinese capital, even any Chinese capital, appears in the field they are familiar with, they will be more vigilant.

This time, because the capital of the financing came from Singapore, the Japanese were very vigilant, and when the financing of the Singapore side had just been discussed by the board of directors, the Japanese used the rights of their executive directors to carry out a comprehensive sniping of the financing jihua.

In addition, there were many local conservative Australians on the board of directors, so this financing was quickly rejected by Rio Tinto's board of directors.

Li Annie also learned about the financing she proposed through various relationships, and was shot by the board of directors of Rio Tinto, originally she couldn't figure it out, Weishenme's own financing conditions have been so relaxed, but Zuihou was actually vetoed by Rio Tinto, but when this matter involved the Japanese, after it involved the political aspect, she was relieved. (To be continued......)