After this wave of bluff was over, Li Han began to prepare to enter the rare earth industry.

Although the price of rare earths has been rising in recent years, the rare earth mining industry is actually a money-losing industry, two years ago only one of the six major rare earth groups in the East Rare Earth achieved a profit, the other five companies are all in the red.

This situation is caused by the legacy of more than ten years ago, when rare earths were not under the control of the state, and major enterprises overexploited, disorderly competition, cheap exports, and smuggling in order to make money, resulting in some countries buying a large number of rare earths at extremely low prices at that time.

Since the state began to control the export of rare earths, these conditions have only improved little by little.

Now, under the control of the state, the annual export volume of rare earths has dropped from 50,000 tons to 30,000 tons, and the price of rare earths has begun to continue to rise.

The reason why the price of rare earth ore cannot rise is because the domestic smuggling situation is extremely serious, and on the other hand, because rare earth companies are fighting separately and cannot be unanimous with the outside world.

Therefore, in order to grab customers, these rare earth companies will scramble to reduce prices: 400,000 tons of their family? Our family is 390,000!

In the long run, small businesses have closed down, and large enterprises have barely managed to save their capital.

Therefore, in this situation, rare earth companies are very much in need of a person like Li Han with enough influence and sufficient funds to unify these enterprises and unify them with the outside world. Everyone bites a price and cooperates with each other to raise the price of rare earths, and then they slowly make money.

In this matter, Li Han's role is indeed a bit like a Japanese agricultural association, allowing everyone to unite the front.

China's largest rare earth company, China Rare Earth Group, has adopted a cross-shareholding approach with Huaxin, so Li Han can save a lot of money.

However, even China Rare Earth Group has a market value of just over 30 billion yuan.

This is true for China's largest rare earth group, let alone other companies.

The remaining $20 billion in Li Han's hands is enough for him to achieve relative control in the other five of the six major rare earth groups, and the more than 100 billion yuan of funds he provides can be used to acquire and merge other small companies for these companies.

And the more than 100 billion yuan that Li Han spent in the investment of the rare earth group this time directly made the domestic investment company look stupid: Is this person really unable to use up his money? It took hundreds of billions to start Huaxin Company, and it took hundreds of billions to enter the rare earth industry here?

Li Han made $40 billion last time he shorted Samsung, and only used more than $20 billion to establish Huaxin, and the rest was obtained through financing from other companies and investment institutions, including funds provided by the Beichang municipal government, China Rare Earth, and major banks.

Therefore, Cranberry Food Co., Ltd., Qiaokou Company and Li Han still have nearly 20 billion US dollars at their disposal, but this money will be used for the development of their own companies and the next financial management.

In this crazy situation of throwing money, domestic enterprises basically dare not stab Li Han in the back, otherwise if the knife misses, it will be eaten by the other party in turn.

For example, the current Xinnong Group, the company's total disposable funds are only a few hundred million, and the Qiaokou Company smashes two billion yuan into the vegetable market, how can this be compared?

You must know that Qiaokou Company is no longer the Qiaokou Company of the past, and Li Han is now one of the top ten people on the world's richest list, which only took three years.

At this point, Li Han's plans are well underway, and he has already won shares in two rare earth companies in just a few days.

But even if the plan is so smooth, Li Han has a backup plan ready.

If the rare earth companies can't deter Japan's Mitsubishi consortium or other large companies at that time, Li Han still has backup means.

He was also inspired by what the Shinnong Group had done, but he hoped that things would not go that far, because at that point, it would not affect the Mitsubishi Foundation alone, but the whole of Japan.

On June 16, Li Han successfully held shares in five other rare earth groups, and on this day he came to Qiaokou Company and met the CEO or chairman of the board of directors of these five companies in the conference room.

"Welcome!" Li Han opened his arms to everyone and greeted warmly, "Sit down, sit down, from today onwards, we will be a family, you are all partners of Qiaokou Company, so I hope we can advance and retreat together in the future." We want to buy small-scale rare earth mining companies and raise the price of rare earths abroad. ”

"Your claim is simply unrealistic." Wu Heng, CEO of Sanmetals Rare Earth Group, frowned and said, "Now many countries, especially big countries like the United States, have a large number of rare earth reserves, and if we raise prices, they are waiting for us to reduce prices." When we have more and more rare earths in stockpile, the supply exceeds the demand, and the price of rare earths will only fall further. ”

"Eighty-five percent of the world's refined rare earths are produced in China." Li Han said with a smile, "As long as we unite and bite this price, they can only accept it, just to see if we can survive until the day we come out." ”

"So, what if we don't have the funds to support that time?" Dong Qitai, the acting chairman of the Oriental Rare Earth Group, replied, "Your method is easy to say, but if it fails, the price of rare earths in China will completely collapse." The rare earth industry is not very profitable, and we don't have much money to absorb these losses. ”

"No problem." Li Han said confidently, "I have calculated the operating costs of the companies on site, and the annual operating costs are only about one billion. I'm willing to pay this cost on your behalf, I don't know what you think? ”

"But why would you do that?" Xia Mingwei, CEO of Shenqi Rare Earth Group, asked puzzledly, "What's in it for you?" The annual operating cost of our five companies is 5 billion. ”

"Don't worry, I still have more than 100 billion funds on hand, which are used for various emergency situations." Li Han replied with a smile, "As for the benefits...... After the price of rare earths rises in the future, I can make more money back in the futures market, please rest assured. ”

"......I see," Liu Feng, CEO of South China Rare Earth Group, said suddenly, "I have heard that legendary investors are extremely good at hedging transactions, and today it is really an eye-opener......

"Needless to say, polite words." Li Han said, his expression became serious, "This battle is very important, you must know it very well, right?" If this happens, and foreign companies are the first to loosen their mouths, then the pricing power will be in our own hands. In the long run, your company will prosper. ”

Speaking of this, Li Han slapped the table: "Now the pricing of rare earths is very unreasonable, obviously most of the rare earths are produced by our country, and rare earths are extremely important strategic materials, why is its price so low?" If we want to change this situation, we must go through this transformation, and I hope that you can overcome this difficulty with me. ”

The five people at the scene looked at each other, but when they came here today, they basically understood and accepted what they were going to do next, and they just wanted to confirm something with Li Han.

Because they know very well that China Rare Earth has cross-held shares with Huaxin Group, which is equivalent to the six major rare earth groups are connected with Qiaokou Company, so that Qiaokou Company has held 70% of China's rare earth production.

They are using this money to acquire those small rare earth enterprises, and can eventually control more than 85% of the rare earth production in their hands, and everyone stands on the same front to avoid malicious competition and price reduction, which will definitely make more money.

Besides, now these rare earth groups have very low profits every year, and even often lose money, Li Han helped them give the operating costs, so what reason do they have to refuse?

As for Li Han himself, he is willing to give the five billion, because first, he can earn this money back through futures trading, and second, he can deter the Mitsubishi consortium through this method.

Isn't it a good deal to be able to deter a company with a market value of 20 trillion at a cost of only 5 billion? Not to mention that the money can still be recovered in the end.

Once you hold the pricing power of rare earths in your own hands, it will increase long-term benefits.

In the future, these rare earth groups will earn several times as much as they do now, and Li Han's shares and dividends in these companies will make up for these losses. Therefore, Li Han will not hesitate to give away these five billion.

Moreover, when China develops its own optical quantum chips, they will no longer need to export rare earths, they can make rare earths into chips themselves in exchange for higher profits, and they no longer need to look at anyone's face.

"On behalf of Shengyuan Rare Earth, I support your decision." At this time, Chen Huanghuang, who had been silent, suddenly spoke.

Under his leadership, others also chimed in: "South China Rare Earth/Oriental Rare Earth/Shenqi Rare Earth/Sanmetals Rare Earth, support your decision." ”

"Ladies and gentlemen," Li Han smiled and looked at the people in front of him, and stretched out his hand to them: "The rise of China is unstoppable, and you will be the heroes of this rise." Future generations will thank you and remember you. ”

"Capacity, vision, ability...... No wonder he became a 'legendary investor' at a young age, God bless China. Wu Heng laughed, stretched out his hand and pressed it on Li Han's hand, and the other four people also put their hands up one after another.

"So, let's go back and buy as many small and scattered rare earth companies as possible." Li Han said solemnly, "The more acquisitions, the better, and report to me in time if there is any situation." ”

(The list of commuter pass thank you is as follows)