"Because you have made breakthroughs in the field of deep-sea mining, the current downward rate of iron, copper, gold, manganese and other ore futures markets has increased significantly. In order to maintain the stability of the market, we mining giants have also made some efforts. Of course, solving The key to the problem still lies with you."
How many mineral deposits are there on the seabed? If Ren Mining makes a breakthrough in this regard in the future, investors' expectations for seabed mining will undoubtedly heat up. How many seabed resources are there? I'm afraid no one knows about it except Jiang Chen, who has obtained the distribution map of proven mineral deposits around the world.
However, investors themselves are creatures who are good at using their imagination.
Speaking of this, Luke looked at Jiang Chen with a smile.
"If my guess is correct, the cost of seabed mining by Future Mining should not be very high, and the output is relatively considerable."
The expression on Luke's face clearly didn't seem like he didn't understand anything. There was obviously no point in hiding it at this time, so Jiang Chen didn't hide it.
"You're right."
The labor cost is only the salary of the few employees stationed on the offshore platform. The underwater equipment is powered by ocean current generator sets, and the maintenance cost is almost negligible. The only equipment cost is also paid by Asia Crystal. Jiang Chen, who cannot calculate the exchange rate between Asia Crystal and the current currency, has no way to calculate the cost of these equipment.
But one thing is for sure, seabed mining is very cheap, at least until space mining comes along.
"Pretty much the same conclusion as my analysts reached." Luke smiled and nodded.
"The current global iron, aluminum, copper and other ore markets are in danger. It is no exaggeration to say that if iron ore prices maintain the current downward trend, 47 mining companies around the world will be in danger of bankruptcy by the end of this year. In the short term, it may be good for us It's beneficial, but we're also dangerous in the long term. So, I hope we can resolve that by taking a step back."
"So what's your proposal?" Looking at the smiling Luke, Jiang Chen asked with interest.
"If I remember correctly, you can influence the government decision-making of the new country. We hope that you can influence the decision-making of the Presidential Palace and increase the mineral export tax by 50% in the next five years to limit the export of the country's mineral resources." Luke said softly.
It was beyond Jiang Chen's expectation. He originally thought that Luke would propose to acquire the technology of Future Mining, but he did not expect that he would mention this aspect and just put forward such a proposal that would be innocuous to Future Mining.
"Are you going to cool down investors by restricting Future Mining's entry into the international market? But what good does this do to me?" Jiang Chen said with a smile.
"Of course we won't let you do it in vain. I am willing to provide you with a supply order for iron, aluminum, copper and other ores that is valid within five years. At 80% of the current market price of mineral resources."
For H Group, this is indeed a big step back. A 20% discount, which is almost supplying ore at cost price, is equivalent to saying that they will work for the Futureman Group for free within five years in exchange for concessions made by the Futureman Group to delay the entry of low-cost ore into the global market.
"Use the power of capital to delay the advent of new technologies?" Jiang Chen said meaningfully.
"You can understand that you have paid enough benefits. I hope you can delay the advent of this technology. In an environment of sluggish demand, launching such a technology is not good for the entire market." Luke said seriously.
Having said this, Luke has made the H Group's attitude very clear.
For an international mining giant like this, Jiang Chen would certainly not be so naive as to think that they would honestly solve their problems through market competition. Being able to own so many minerals in more than a dozen different countries around the world, their investment in politics must not be underestimated.
The reason why they brought it up was that they didn't want to have a direct conflict with the Future People Group, and they didn't even explain the subtext of the threat. After all, Futureman Group is no longer the little shrimp it was back then. Its core industry is mainly in the Internet field, not resource extraction. The two parties can still avoid unnecessary conflicts.
on the other hand. I am afraid it is not just H Group whose interests have been harmed. The Vale Mining Company controlled by Rothschild is the world's largest ore supplier. It is difficult to say that this "coincidental" meeting between him and Luke has nothing to do with Carmen.
At this moment, Jiang Chen's thoughts were spinning rapidly, weighing the pros and cons of this proposal.
If possible, Jiang Chen does not want to have a head-on conflict with these mining giants. Future Tech needs a relatively stable development environment to expand its business. It is undoubtedly an unwise choice to make enemies for yourself at this time. .
What's more, the oversupply of resources is only for the current situation. This agreement is said to be a step back for each side, but it is really unclear who will suffer...
Luke waited patiently for Jiang Chen's reply.
He didn't keep him waiting for long, after a moment of silence. Jiang Chen asked.
"Five years? Can I ask about the supply quota?"
"It's up to you." Luke said generously as he took an elegant sip of champagne.
Hearing these words, Jiang Chen's lips lifted into a subtle smile.
"00,000 tons."
Hearing Jiang Chen's numbers, Luke almost spit out the champagne he drank.
"00,000 tons. Does Mr. Jiang have an idea of the number he gave? I'm not kidding. Even if all the steel plants in New Zealand operate continuously for 50 years, I'm afraid they won't be able to process all the iron ore."
In 2015, China's annual iron ore import volume was almost 950 million tons, and the land area of the new country is less than half of China's province. Let alone five years, even fifteen years, it is absolutely impossible that we will not be able to eat so much iron ore!
In the eyes of outsiders.
"There is no need for you to worry. Futureman Group naturally has projects to digest these resources. By the way, these 00,000 tons are the total amount of iron, aluminum, copper, nickel and other ores, not just iron ore. Of course, iron ore must account for the majority of the 00,000 tons of ore, accounting for at least 75%." Jiang Chen said with a smile.
Frowning his brows, Luke hesitated for a moment and nodded.
"Up to 50 million tons, and you must ensure that the ore I provide you at cost price, you are not allowed to put these iron ore into the international market, this will be written into the contract."
"No problem. But I have to tell you in advance that we may build a factory in neighboring Papua New Guinea to process these ores and then transport them back to the new country." Jiang Chen reminded.
The labor resources in the new country are tight. Jiang Chen plans to transfer industries with higher pollution levels and greater labor demand to neighboring countries as much as possible. As a developing country, New Guinea is undoubtedly a good choice, as is the budding Moro State.
After thinking for a moment, Luke finally nodded.
"no problem."
"In addition, molybdenum ore, uranium ore, and rare earth resources are not within the scope of the agreement." Jiang Chen continued to propose.
"No problem. The molybdenum ore and rare earth markets are basically controlled by China and have nothing to do with us... By the way, is it technically feasible to mine uranium ore from the seabed?" An expression of interest appeared on Luke's face.
"It's not possible now, but that doesn't mean it won't be possible in the future. Maybe we can make a technological breakthrough within five years, but it's hard to say." Jiang Chen said ambiguously.
"Really? That's really surprising. If you have no other objections, I'm glad we have reached an agreement." Luke smiled and raised his glass.
"I wish us a happy cooperation." Jiang Chen also raised his glass, with a mysterious smile on his face.
With the crisp sound of clinking glasses, this business worth tens of billions of dollars was finally settled. Both contracting parties had satisfied smiles on their faces, and it was clear that both parties got the results they wanted.
Luke received a promise from Futureman Mining not to bring deep-sea mining technology to the global mining market. Although these 50 million tons of ore cannot make money, it will not cause H Group to lose money. With the current market conditions, it is already very good to be able to maintain a loss-free performance without reducing production. On the surface, it seems that H Group is "working for free" for Future People Group, but if you think about it from another angle, this is not a solution to H Group's excess production capacity.
As for Jiang Chen, the benefits gained are obvious. 50 million tons of ore were obtained at floor prices, which is crucial for the Future Group to build floating cities on the sea, base stations at the bottom of space elevators, and habitable large-scale space stations in the near future.
In less than five years, Luke will regret the contract he signed tonight.
Overcapacity of resources will always be relative to the present.
The only thing that puzzled Jiang Chen was how Luke could be so confident in judging the cost and output of the mining industry in the future. And when faced with deep-sea mining technology, he showed no intention of acquiring it.
Looking at the wine glass in his hand, Jiang Chen fell into deep thought. (.)