Chapter 1515: Baoshan piled up the money!

Since Charles is not against it, then things have been set in half.

Naturally, it was impossible for Willie to stay in Wickham Town, and he slowly peeled the skin and slowly discussed the details.

Westerners all know that after the boss and senior management have discussed the general framework and conditions, it is sufficient to hand over the negotiations to the professionals under their control. They will be responsible for the final improvement work.

As the president of Kirin Mining Company, Wei Li has more important things to do.

That is to find minerals!

Find large iron ore deposits!

Yin Jun has circled 100,000 square kilometers of land and paid tens of millions of exploration fees, so Wei Li does not want to delay for a day.

Find out the veins and mines one day earlier, then the less pressure Yin Jun will have, the greater his contribution will be to Wei Li.

He is not clueless.

Yin Jun has already told him that in the circle of prospecting, there is a small town called Christmas Creek, which surrounds this town, and that the stream of water is around 100 miles to focus on detection, and there will be results.

Wei Li didn't know where Yin Jun got the news, but he certainly wouldn't believe it was guessed by Yin Jun.

I thought that someone had discovered something before and was secretly known by Yin Jun, so he dared to come to explore with such great fanfare.

This also explains why Yin Jun is so confident.

Although Weiweili himself knew that it was a little unreliable, in order to strengthen himself, he was still willing to choose to believe.

In the past two months, Wei Li is actually preparing for this matter.

Now that everything is in place, the prospecting experts from Brazil, Germany, Australia and other countries, as well as more than a dozen prospecting engineering teams, have gathered together, all kinds of prospecting equipment and facilities are also available, so Wei Li Go back to preside over the prospecting work.

If the scope of prospecting is reduced to a range of 100 kilometers, the difficulty of detection will be much smaller.

Whether it is a mountain range or an underground mine, there are so many modern tools, so many experts, one piece of land dried up in the past, like arable land, or even digging 300 meters, Wei Li does not believe that nothing will come out-if If there is any.

In fact, the most interesting thing in Western Australia and even Australia is the 100,000-square-kilometer prospecting area of ​​Kirin Mining Company.

Australia has a very large area, with more than 9 million square kilometers of land and only a population of more than 30 million. This is truly a sparsely populated area.

In addition, there have been many companies that have applied for a large area of ​​land for prospecting.

Therefore, the exploration rights of 100,000 square kilometers are not an exaggeration to them at all.

But the newcomer Yin Jun, who was so generous as soon as he came up, made people look a little bit.

Not to mention the 100,000 square kilometers of land. In fact, in the past dozen years, 50,000 square kilometers of land have been sold. Prospecting rights have been sold, but those companies have nothing to do and have to give up.

These companies also include super-large companies such as BHP Billiton and Rio Tinto, one of the leading giants in the iron ore industry.

The giants with countless experienced prospecting experts and countless advanced prospecting equipment have not gained anything. Can you find it by a grassroots team?

You know, prospecting is not that simple. It involves too much expertise and a lot of hard work.

It usually takes one, two, three, five, or even seven or eight years to detect a mining area before it can be finalized.

Many companies have probed in a place for more than ten years, but have nothing. Such a thing is very common in various prospecting activities.

If you get nothing from prospecting, you will not only consume daily human resources and equipment costs, but also accumulate the daily cost of prospecting rights.

Many companies collapsed after such a failure in prospecting, two failures in prospecting, and three failures in prospecting.

Only super giants such as BHP Billiton, Vale, and Rio Tinto have the strength to withstand two or three or three or five failures.

But even they are now cautious about prospecting, and there can be no more generous exploration rights of 100,000 square kilometers.

Therefore, these giants only met two or three times in a meeting, and completely gave up caring about Kirin Mining.

In their view, you are doomed to be a failed project, what use do I care about?

Yes.

You Yin Jun are rich, and there are billions of dollars in their net worth. If they are listed, they will be tens of billions.

But the prospecting of 100,000 square kilometers is a black hole that swallows gold!

Hundreds of millions and billions of dollars are smashed in casually, and splashes are not necessarily splashed out.

What's more, several giants have also explored this 100,000 square kilometers of land, and concluded that it is impossible to have large-scale mine veins, let alone more than 50% iron-rich ore.

At present, in the Pilbara mining areas, the minimum is about 55% ore, generally 60% -65% of the super rich ore, those less than 55%, they do not scrap mining, directly storage skip, waiting for the mining Let me finish.

In the eyes of these giants, iron ore below 50% costs too much, even if it is, it is not cost-effective to mine now.

After all, iron ore prices are very cheap now, and for every additional dollar of cost, they will earn much less.

If Yin Jun is going to mine this kind of iron ore, don't think about making money for ten or eight years, it's good to barely protect the capital.

The thoughts of these upstarts, in Yin Jun's view, are purely hungry and hungry.

Take a simple example.

At present, the boundary between rich and poor iron ore in the world is 50%.

It means the iron ore in the whole mining area, the iron ore powder analyzed is more than 50%, it is rich in iron ore, and less than 50% is poor iron ore.

People now have different standards in Western Australia, where iron ore is below 55% or even below 60%. Everyone is reluctant to mine, and they suspect that the iron content is too low. ——The Mutongda iron ore mines in Brazil and Bolivia, the world's largest, are even more exaggerated. The iron ore veins with a quality of less than 63% are not counted at all and are temporarily sealed as waste products.

See you poor.

In China, as long as the mine veins with 30% iron content can be called iron-rich ore, usually the iron ore in China is about 15% -25%, which is very barren.

Therefore, when Hua Guo began large-scale development and construction, it would be so urgent to demand iron ore in Western Australia, and it would continue to push up the price of iron ore and continue to be slaughtered.

no way.

95% of the metal consumed by industrial production is steel.

A country as big as China, iron ore is absolutely indispensable for development.

Therefore, not to mention what kind of 65% super iron-rich ore, even if it is about 50% iron ore, in Yin Jun's view is extremely valuable and fully valuable for mining.

Even if it is a loss of three to five years at the beginning, in the long run, it is definitely a gold mine!

Moreover, the iron ore on the Christmas Creek side, Yin Jun remembers very clearly, is a very high-quality low-phosphorus iron ore, the iron content is generally as high as 58% -62%, several times in the world, can not exceed it will not exceed 10 mine veins.

There is also the Broken Cloud Mine that also belongs to the Chichester Mine, the King Mine and the Fire Tail Mine belonging to the Solomon Mine 200 kilometers to the west, the iron content is not less than 58%!

Such an iron-rich ore with a total of not less than 8 billion tons is enough for Yin Jun to exploit full horsepower for 50 years!

Once the situation is opened from Christmas Creek, it is not iron ore, it is gold!

However, if you want to turn iron ore into gold, the cost is definitely not small.

The construction work of Wickham Harbor alone, at least for three years, may cost more than US $ 300 million.

Then Yin Jun set the two major mining areas-the railway and highway between Chichester and Solomon mines, and between them and Wickham, with a total length of about 600 kilometers.

After 1997, with the continuous development and construction of railways, the quotation for the construction of a one-kilometer railway in China was about 100 million yuan with the cheap labor in China.

The area of ​​Western Australia is sparsely populated and there are no mountain areas, so the construction is not difficult.

The current price is not 20 years later. Without calculating the profit, if the road and railway are calculated on average, about 3 million US dollars will be enough.

But even if it is 3 million US dollars a kilometer, the overall road and railroad investment will reach 1.8 billion US dollars!

$ 1.8 billion is just road traffic.

The construction, safety and equipment of the mining area, as well as the necessary power plants and water plants in the mining area, these are 500 million dollars less, and they cannot be won at all.

In addition, the prospecting right will not be mentioned. After the prospecting right explores the iron ore, the annual mining right fee and tax cost are another big expense.

Counting them together, and spending 5 billion US dollars on Kirin Mining Company in five years, that's not much at all.

The ore industry is not yet the kind of industry that produces fast and makes money. From the initial trial production, to the point of reaching profit and loss later, and finally to a steady profit, it will take at least another three years.

This is also the case where Yin Jun mainly supplies steel plants in Japan and South Korea, and can subsequently open the Tiandi line in the mainland.

There is a huge demand before it can be said that it will start to profit after 3 years.

This means that it will take at least six or seven years for Kirin Mining Company to start making profits.

Profitability does not mean that the $ 3 billion invested can come back.

The profit mentioned here is that the daily output is greater than the daily input ~ www.novelhall.com ~ is only the current, all the previous inputs have not been included!

If you want to earn 3 billion US dollars, there is not much opportunity. In general, first look at the time of 5 years.

Fortunately, this is still a low-phosphorus rich ore. If it is replaced by those in China that are at most 30% high-phosphorus iron ore, the time span of 10 years may not meet expectations.

Yin Jun entered the industry now in 83 years, which is a very good time.

It is not that the previous generation of Huaguo did not join the iron ore investment in Western Australia. The famous Nacha Iron Mine has half of the shares of China Metallurgical Corporation. People came in 88.

It is a pity that subject to various conditions and various expenditures, it can only provide 3 to 5 million tons of high-precision iron ore to the country every year.

Compared with the huge and frightening demand in China, there are millions of tons at all, and there is no wave at all.

Huaguo reached an import volume of 150 million tons in 2003, and since this time, the quantity has continued to soar.

By 2016, China's iron ore imports have exceeded 1 billion tons!

The 4 mining areas owned by Yin Jun, if fully exploited, may be exhausted by 2030.

But teenagers will not panic too much.

A business can do about 50 years, do you have any regrets?

For example, online shopping, do n’t look at Alibaba and JD.com, it will be beaten by another more advanced shopping method after 10 or 20 years. It ’s a question!

Therefore, we can think about the future well, but we cannot lose the courage to move forward because we see too far.

Do a good job now, do what you should do well, and then think about other things, the correct action!