"It's over, we're in a lot of trouble!!"

At this time, the people around him shuddered.

Obviously, everyone has now figured out the intention of the Galaxy Mining Group, which is to monopolize the rare earth market and then raise the price!

In the past, the days of buying rare earths at the price of cabbage may be gone.

The party scene suddenly became noisy.

Everyone was talking and thinking about countermeasures.

However, no good solution has been found.

Rare earths are monopolized by the Galaxy Mining Group, and if it were any other company, they wouldn't be too afraid.

However, Galaxy Mining Group is a subsidiary of Wujiang Group, and there is no shortage of funds at all.

Therefore, Galaxy Mining Group can completely not sell rare earths to them.

However, rare earths are the core raw materials of many scientific and technological products, so they have to be bought.

In the end, they have to buy it at a high price.

At the party, some of the more savvy people had already taken out their mobile phones at the moment to contact rare earth companies in China, preparing to buy a batch of rare earth resources before anyone else.

After all, Galaxy Mining Group does not completely monopolize China's rare earth market.

Chinese mainland.

Since the Galaxy Mining Group held a press conference and said that it would increase rare earth production, domestic rare earth companies were suddenly terrified.

"Damn, the competition for rare earth exports is already very fierce, and everyone is pushing down prices. Now, Galaxy Mining Group wants to more than double its output, and the export price of rare earths will plummet, so how can we live? I knew that I would have sold the company to the Galaxy Mining Group......" The owner of a rare earth company said with a sad face, regretting his words, and after half a sound, muttered, "Before the price of rare earths plummets, I still contacted the Galaxy Mining Group and sold the company to them!" ”

Many rare earth companies were frightened by the previous press conference of Galaxy Mining Group, so they rushed to sell the company to Galaxy Mining Group.

More than a dozen companies signed acquisition agreements on the same day.

No way, in this era, the flow of information is relatively slow, and there is a big information gap at home and abroad. If these rare earth companies persist for a while, they will know that foreign rare earth businessmen are panicking and want to buy rare earth raw ore at a high price.

In fact, many rare earth companies do not deal directly with foreign companies, and many of them have the right to export to make the difference.

……

In the following days, foreign rare earth trading companies rushed to buy rare earth raw ore at high prices, causing rare earth prices to soar in the international market!

"What?!! The purchase price of rare earth raw ore has increased by 2 times, is it really fake?! Damn, how can this be? I've sold the company!! ”

"Rare earth raw ore prices have risen again? Oops, that's a big loss! ”

At this moment, those who sold the rare earth company are regretting it.

The price of rare earth raw ore is one price per day.

On the first day, it tripled, and in less than a week, the price soared to five or six times its original amount, and demand is still in short supply.

In the entire rare earth market, Yinhe Mining Group has not sold even a little rare earth resources, and foreign countries can only obtain rare earth raw ore from other rare earth companies at high prices.

It's a pity that there are more monks and less porridge, and the supply exceeds demand.

The amount of rare earth raw ore that these rare earth companies can provide is simply a drop in the bucket.

Many foreign companies are buying rare earth raw ore at high prices.

Europe, the United States, Japan, South Korea and other countries have sent notes to China, demanding an increase in the export volume of rare earth ores and asking Galaxy Mining Group to sell rare earth ores.

The Chinese authorities have long been unaccustomed to the sale of rare earths, and of course they support the Galaxy Mining Group.

Galaxy Mining Group is still not afraid of pressure from various countries.

First, there is no shortage of money, and secondly, the products of Wujiang Group can't enter the U.S. market anyway, and you still want to make yourself how to get yourself.

You know, the country with the largest use of rare earths in the world is the United States.

Europe is not in such a hurry yet.

In addition, Wujiang Group has a large investment in Europe, and in the end, it will definitely give Europe some face and sell some rare earth ore.

In fact, people from the European side had already contacted Zhao Ye, but Zhao Ye neither agreed nor refused, and let it dry for a while before talking.

October 1 at 4 p.m.

Fei Chengyi, CEO of Galaxy Mining Group, attended the press conference.

At the press conference, in the face of foreign reporters asking about the fact that Galaxy Mining Group does not sell rare earth resources, he made an explanation.

“问得好，银河矿业集团不出售稀土资源确实是有一些原因。 ”

"First of all, our company believes that the reserves and production of rare earths are very small and very precious, but before that, rare earths have been sold as a positive cabbage price, which is unreasonable and has caused huge losses to China! The meaning of the existence of our Galaxy Mining Group is to solve this problem and grasp the bargaining power of rare earth resources!

After 1990, China built hundreds of rare earth factories and exported a large number of rare earths. The United States is a chicken thief, because we do not have the pricing power of rare earths, so rare earths can only be exported at low prices, and the United States buys a large number of our rare earths, reserves while using, and plans to sell our rare earths to us after they are consumed.

Isn't there a rare earth mine in the United States? In fact, the Mountain Pass mine in California was once the world's largest rare earth mine, with enough reserves for the United States to last more than 280 years!

In addition to the United States, Russia, Australia, Canada, and Brazil have also done the same, all of which are taking care to protect their rare earth resources and shut down their own rare earth plants. China occupies 80% of the global trade market share with 36% of rare earth reserves, but the price is so low, which is completely unfair treatment. ”

"Secondly, the Western world deliberately blocked rare earth refining technology from China, so our country's rare earth refining technology is very poor, the output is low, and it is not enough for our own use, of course, it is no longer exported." Fei Chengyi teased, don't you like to block technology, I will use technology as an excuse not to export rare earths.

Besides, rare earth raw ore is valuable after purification.

Yinhe Mining Group will change its management policy of rare earths and will no longer sell rare earth raw ore to the outside world in the future.

Galaxy Mining Group has no shortage of foreign exchange earned from exporting rare earth ores.

The value of the purified rare earth will increase several times.

中国老科学家“中国稀土之父”徐光宪从1972年开始便一头扎进了稀土分离提纯技术的研究中。 In the face of an unprecedentedly difficult subject and a strict technological blockade by Western countries, Xu Guangxian has been doing it for decades and has conducted thousands of tests alone.

At this time, Yinhe Mining Group has invested in the research of rare earth separation and purification technology of Academician Xu Guangxian, and strives to accelerate the research and development of rare earth purification technology.

不过，就算是把稀土提纯技术开发出来之后，银河矿业集团也会限制稀土的出口量，并且尽可能的从国外购买稀土原矿石。 Although China's rare earth reserves are the largest in the world, it is responsible for 80% of the world's supply, and at this rate, China's rare earth mines will be mined in about 100 years. The reserves of medium and heavy rare earths can only be maintained for forty or fifty years, that is to say, by about 2040, we, who are the largest country in rare earths, may need to import rare earths from abroad to meet the demand.

It is no longer possible to sell rare earths as cheaply as before, but to protect rare earth resources.

At the press conference, Fei Chengyi, CEO of Galaxy Mining Group, once again emphasized that the company will gradually reduce the export of rare earth ore, and finally even stop exporting rare earth ore.

"The United States, Russia, Brazil and other countries are also rare earth powers, and I suggest that they reopen the closed rare earth plants. Why only consume China's rare earth mineral resources? ”

Fei Chengyi sneered, no one is stupid, you want to deplete my country's rare earth reserves first, there is no way!!

In the past, there was no choice, China lacked foreign exchange, and the export of rare earth ore has a high profit, so it will export a large number of rare earth ore.

But now, China's national strength and economy have become very strong, and its foreign exchange reserves are very high, and there is no need for China to exchange rare earth minerals for foreign exchange.

After a while, the press conference ended.

Many foreign journalists and rare earth buyers regretted leaving.

Galaxy Mining Group, China's largest rare earth company, is no longer exporting rare earth resources, leading to a serious shortage of international rare earths and a collapse in trade.

On the same day, rare earth prices soared again.

Many companies complained and criticized the Galaxy Mining Group, rather than the American companies that need to use the most rare earths, and the scolding is also the most fierce.

However, Galaxy Mining Group has dismissed these accusations.

Lack of rare earths in the United States? You TM yourself have rare earth mines, you don't know how to dig them!!

Japan wants to buy rare earths? Fuck off, find your dad to go! Lao Tzu is not your father, why do you say you want it, Lao Tzu will give it to you.

Galaxy Mining Group does not enter oil and salt. In the previous life, the United States, Japan, and Europe took the opportunity to "gather wool" from China. As a result, the high-quality single rare earths purchased and stockpiled by the United States, Japan and other countries can be used for industrial production for at least 20 years. The resource trade and production enterprises of developed countries have completely controlled the international rare earth prices, while China's rare earth reserves have plummeted rapidly.

It's a pity, in this life, they don't want to have such a good thing again.

Galaxy Mining Group basically does not plan to make money by selling rare earth ores, and after a breakthrough in rare earth refining technology, it may consider helping with rare earth processing business, that is, you send rare earth raw ore over, and I will process it here, and then sell it to you.

At present, China's demand for rare earths is second only to the United States, but in the future it will far exceed that of the United States.

The advantage of large scale will surely drive the innovation of rare earth purification technology and the reduction of production costs. In the future, China's rare earth industry will have advantages in scale, technology and cost, and China will continue to be the center of global rare earth trade, and rare earth ores from all over the world will continue to be shipped to China for processing.

……

Recently, stock markets in the United States, Japan and other countries have plummeted.

The lack of rare earths will inevitably lead to problems in the development of many science and technology industries.

Japan is poor in resources and extremely developed in industry, but Japan does not have many rare earth reserves, which is tragic.

On the Japanese stock market, there is a lot of mourning.

Many Japanese companies are frantically buying rare earth resources all over the world.

However, the rare earth resources in the reserves of many countries are not enough for themselves, so how can they be sold to Japan.

It is not so easy for the United States, Brazil, Russia, Australia, Canada and other countries to restart rare earth plants in a short period of time.

In addition, countries like the United States will definitely reduce exports in order to protect their own rare earth resources.

Scarcity is expensive. There is no doubt that the international rare earth price in this life will be much higher than in the previous life.

Although Yinhe Mining Group does not export rare earth raw ores, with the mining areas it has acquired (including Baiyun Obo and Yakniuping, the former is the largest light rare earth in China, and the latter is the largest heavy rare earth deposit), the future market value of Yinhe Mining Group will be extremely terrifying!!

(End of chapter)