Because you have made breakthroughs in the deep-sea mining field, the downward rate of the ore futures market in iron, copper, gold, manganese and other ore has increased significantly.In order to maintain market stability, we mining giants have made some efforts.Of course, the key to solving the problem lies with you.
How many minerals are there under the sea?
If Renminbi makes a leapfrog breakthrough in this area in the future, investors' expectations for subsea mining will undoubtedly heat up.
How many submarine resources are there?
I'm afraid no one knows except Jiang Chen, who has obtained a globally proven mineral distribution map.
However, investors themselves are creatures that are good at leveraging their imagination.
Speaking of this, Luke looked at Jiang Chen with a smile.
If I guess correctly, the cost of submarine mining in Renminduo should not be very high in the future, and the output is quite considerable.
The expression on Luke's face obviously didn't seem to know nothing. It was obviously meaningless to conceal it at this time, so Jiang Chen did not hide it.
You're right.
The labor cost is only the wages of the employees who are resident on the offshore platform. The underwater equipment is powered by the current generator set, and the maintenance cost is almost negligible.
The only equipment cost is also paid by Yajing. Jiang Chen, who cannot calculate the exchange rate between Yajing and the current currency, cannot calculate the cost of these equipment.
But one thing is certain, that is, the cost of subsea mining is very low, at least before space mining appears.
It's similar to the conclusion my analysts have come to.Luke nodded with a smile.
At present, the global iron, aluminum, copper and other ore markets are in danger. It is no exaggeration to say that if the iron ore prices maintain the current downward trend, 47 mining companies around the world will face the risk of bankruptcy by the end of this year.In the short term, it may be beneficial to us, but in the long term, we are also dangerous.So, I hope to solve this problem by taking one step back.
So what is your proposal?Looking at the smiling Luke, Jiang Chen asked with interest.
If I remember correctly, you can influence the government decisions of the new country.We hope you can influence the decisions of the Presidential Office and raise the 50% mineral export tax in the next five years to limit the export of domestic mineral resources.Luke whispered.
To Jiang Chen's surprise, he originally thought Luke would propose to acquire the technology of Future Mining, but he did not expect that he mentioned this matter and only proposed such a proposal that would not hurt Future Mining.
Will investors be cooled by restricting future human mining industry from entering international markets?But what benefits does this do me?Jiang Chen said with a smile.
Of course we will not let you do it in vain. I am willing to provide you with an effective ore supply order for iron, aluminum, copper and other ore within five years to be based on 80% of the current market price of mineral resources.
For BHP Group, this is indeed a big step back.
The discount of 20%, which is almost a supply of ore at a cost price, which means that they will work for the Future Group for free within five years in exchange for the Future Group's concession to delay the entry of low-cost ore into the global market.
Will the power of capital delay the emergence of new technologies?Jiang Chen said meaningfully.
You can understand that you have paid enough benefits and hope that you can postpone the release of this technology.In a sluggish environment of demand, launching such technology is not beneficial to the entire market.Luke said seriously.
Having said this, Luke has clearly stated the attitude of the BHP Group.
Of course, Jiang Chen would not naively think that they would honestly solve problems through market competition.
If they can 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 it was proposed was that they did not want to confront the Future Group head-on, and they did not even explain the subtext of the threat.
After all, Future Ren Group is no longer the small shrimps that were originally. The core industry is mainly in the Internet field, not in resource mining. The two sides can still avoid unnecessary conflicts.
On the other hand, it is probably not only BHP Group that suffers interests. Vale Mining Company controlled by Rothschild is the world's largest ore supplier. It is hard to say that his coincidental meeting with Luke has nothing to do with Carmen.
At this moment, Jiang Chen's thoughts were turning rapidly, weighing the pros and cons of this proposal.
If possible, Jiang Chen doesn't want to confront these mining giants head-on.
In the future, Ren Technology needs a relatively stable development environment to expand its business. It is undoubtedly an unwise choice to make enemies for yourself...
What's more, the oversupply of resources is just in view of the current situation. This agreement is said to take a step back, but it is really hard to say who suffers...
Luke waited patiently for Jiang Chen's reply.
He didn't let him wait for a long time. After a moment of silence, Jiang Chen asked.
Five years?Can I ask about the supply limit?
It's up to you.Luke said generously, taking a sip of champagne gracefully.
Hearing this sentence, Jiang Chendi raised an invisible smile on the corner of his mouth.
80 million tons.
Hearing the numbers that Jiang Chen exposed, Luke almost sprayed out the champagne he had drunk.
80 million tons, does Mr. Jiang have a concept of the number he gave?I'm not kidding. Even if all the steel mills in Xinguo continue to operate for 50 years, these iron ores may not be able to be processed.
In 2015, the annual import volume of iron ore in China was about 9.5 billion tons, while the land territory of the Xin Kingdom was less than half a province in China.
Not to mention five years, even in fifteen years, it is absolutely impossible to not be able to eat so much iron ore!
To outsiders.
There is no need to worry about this, and in the future, the Renmin Group will naturally have projects to digest these resources.By the way, these 80 million tons are the total amount of iron, aluminum, copper, nickel and other ores, and do not refer to iron ore alone.Of course, iron ore must account for the majority of these 80 million tons of ore, with a proportion of at least more than 75%.Jiang Chen smiled.
Frowning, Luke hesitated for a moment and nodded.
Up to 50 million tons, and you must ensure that the ore I provide to you at the cost price, you must not put these iron ore into the international market, which will be written into the contract.
no problem.But here I have to say in advance that we may build factories in neighboring Papua New Guinea for processing and then transport them back to the new country.Jiang Chen reminded.
The labor resources of the new country are tight, and these industries with high pollution and high labor demand are Jiang Chen plans to transfer to neighboring countries as much as possible.
As a developing country, New Guinea is undoubtedly a good choice, and there is also the country in the Cute bud.
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 feasible to mine uranium ore from the seabed?A look of interest appeared on Luke's face.
Not possible now, but it does not mean that it will not work in the future. Perhaps we can make technological breakthroughs within five years, which is hard to say.Jiang Chen said ambiguously.
Yeah?That was really surprising.If you have no other objections, please be glad we agreed.Luke smiled and raised his glass.
I wish us a happy cooperation.Jiang Chen also raised his glass, and a mysterious smile streaked across his face.
Accompanied by this crisp clinking sound, the business worth tens of billions of dollars was finally settled.Both parties had satisfied smiles on their faces, and it was obvious that both parties had obtained the results they wanted.
Luke has received the promise of future Mining not to bring deep-sea mining technology into the global mining market.
Although this 50 million tons of ore cannot make money, it will not make BHP Group lose money.
With the current market conditions, it is already very good to maintain a performance without losing money without reducing production.
On the surface, BHP Group works for the Future Group for free, but from another perspective, this also solves the BHP Group's excess production capacity.
As for Jiang Chen, the benefits he gets are very obvious.
The 50 million tons of ore obtained at the floor price is crucial for the Future Ren Group to build a floating sea city, a base station at the bottom of space elevators, and a large habitable space station in the near future.
It will take less than five years, and Luke will regret the contract signed tonight.
Overcapacity of resources will always be just relative to the present.
The only thing that puzzled Jiang Chen was why Luke could so confidently judge the future cost and output of Renmindu mining industry.
And his confusion of not showing any intention of acquisition when facing deep-sea mining technology.
Looking at the wine glass in his hand, Jiang Chen fell into deep thought.
How many minerals are there under the sea?
If Renminbi makes a leapfrog breakthrough in this area in the future, investors' expectations for subsea mining will undoubtedly heat up.
How many submarine resources are there?
I'm afraid no one knows except Jiang Chen, who has obtained a globally proven mineral distribution map.
However, investors themselves are creatures that are good at leveraging their imagination.
Speaking of this, Luke looked at Jiang Chen with a smile.
If I guess correctly, the cost of submarine mining in Renminduo should not be very high in the future, and the output is quite considerable.
The expression on Luke's face obviously didn't seem to know nothing. It was obviously meaningless to conceal it at this time, so Jiang Chen did not hide it.
You're right.
The labor cost is only the wages of the employees who are resident on the offshore platform. The underwater equipment is powered by the current generator set, and the maintenance cost is almost negligible.
The only equipment cost is also paid by Yajing. Jiang Chen, who cannot calculate the exchange rate between Yajing and the current currency, cannot calculate the cost of these equipment.
But one thing is certain, that is, the cost of subsea mining is very low, at least before space mining appears.
It's similar to the conclusion my analysts have come to.Luke nodded with a smile.
At present, the global iron, aluminum, copper and other ore markets are in danger. It is no exaggeration to say that if the iron ore prices maintain the current downward trend, 47 mining companies around the world will face the risk of bankruptcy by the end of this year.In the short term, it may be beneficial to us, but in the long term, we are also dangerous.So, I hope to solve this problem by taking one step back.
So what is your proposal?Looking at the smiling Luke, Jiang Chen asked with interest.
If I remember correctly, you can influence the government decisions of the new country.We hope you can influence the decisions of the Presidential Office and raise the 50% mineral export tax in the next five years to limit the export of domestic mineral resources.Luke whispered.
To Jiang Chen's surprise, he originally thought Luke would propose to acquire the technology of Future Mining, but he did not expect that he mentioned this matter and only proposed such a proposal that would not hurt Future Mining.
Will investors be cooled by restricting future human mining industry from entering international markets?But what benefits does this do me?Jiang Chen said with a smile.
Of course we will not let you do it in vain. I am willing to provide you with an effective ore supply order for iron, aluminum, copper and other ore within five years to be based on 80% of the current market price of mineral resources.
For BHP Group, this is indeed a big step back.
The discount of 20%, which is almost a supply of ore at a cost price, which means that they will work for the Future Group for free within five years in exchange for the Future Group's concession to delay the entry of low-cost ore into the global market.
Will the power of capital delay the emergence of new technologies?Jiang Chen said meaningfully.
You can understand that you have paid enough benefits and hope that you can postpone the release of this technology.In a sluggish environment of demand, launching such technology is not beneficial to the entire market.Luke said seriously.
Having said this, Luke has clearly stated the attitude of the BHP Group.
Of course, Jiang Chen would not naively think that they would honestly solve problems through market competition.
If they can 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 it was proposed was that they did not want to confront the Future Group head-on, and they did not even explain the subtext of the threat.
After all, Future Ren Group is no longer the small shrimps that were originally. The core industry is mainly in the Internet field, not in resource mining. The two sides can still avoid unnecessary conflicts.
On the other hand, it is probably not only BHP Group that suffers interests. Vale Mining Company controlled by Rothschild is the world's largest ore supplier. It is hard to say that his coincidental meeting with Luke has nothing to do with Carmen.
At this moment, Jiang Chen's thoughts were turning rapidly, weighing the pros and cons of this proposal.
If possible, Jiang Chen doesn't want to confront these mining giants head-on.
In the future, Ren Technology needs a relatively stable development environment to expand its business. It is undoubtedly an unwise choice to make enemies for yourself...
What's more, the oversupply of resources is just in view of the current situation. This agreement is said to take a step back, but it is really hard to say who suffers...
Luke waited patiently for Jiang Chen's reply.
He didn't let him wait for a long time. After a moment of silence, Jiang Chen asked.
Five years?Can I ask about the supply limit?
It's up to you.Luke said generously, taking a sip of champagne gracefully.
Hearing this sentence, Jiang Chendi raised an invisible smile on the corner of his mouth.
80 million tons.
Hearing the numbers that Jiang Chen exposed, Luke almost sprayed out the champagne he had drunk.
80 million tons, does Mr. Jiang have a concept of the number he gave?I'm not kidding. Even if all the steel mills in Xinguo continue to operate for 50 years, these iron ores may not be able to be processed.
In 2015, the annual import volume of iron ore in China was about 9.5 billion tons, while the land territory of the Xin Kingdom was less than half a province in China.
Not to mention five years, even in fifteen years, it is absolutely impossible to not be able to eat so much iron ore!
To outsiders.
There is no need to worry about this, and in the future, the Renmin Group will naturally have projects to digest these resources.By the way, these 80 million tons are the total amount of iron, aluminum, copper, nickel and other ores, and do not refer to iron ore alone.Of course, iron ore must account for the majority of these 80 million tons of ore, with a proportion of at least more than 75%.Jiang Chen smiled.
Frowning, Luke hesitated for a moment and nodded.
Up to 50 million tons, and you must ensure that the ore I provide to you at the cost price, you must not put these iron ore into the international market, which will be written into the contract.
no problem.But here I have to say in advance that we may build factories in neighboring Papua New Guinea for processing and then transport them back to the new country.Jiang Chen reminded.
The labor resources of the new country are tight, and these industries with high pollution and high labor demand are Jiang Chen plans to transfer to neighboring countries as much as possible.
As a developing country, New Guinea is undoubtedly a good choice, and there is also the country in the Cute bud.
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 feasible to mine uranium ore from the seabed?A look of interest appeared on Luke's face.
Not possible now, but it does not mean that it will not work in the future. Perhaps we can make technological breakthroughs within five years, which is hard to say.Jiang Chen said ambiguously.
Yeah?That was really surprising.If you have no other objections, please be glad we agreed.Luke smiled and raised his glass.
I wish us a happy cooperation.Jiang Chen also raised his glass, and a mysterious smile streaked across his face.
Accompanied by this crisp clinking sound, the business worth tens of billions of dollars was finally settled.Both parties had satisfied smiles on their faces, and it was obvious that both parties had obtained the results they wanted.
Luke has received the promise of future Mining not to bring deep-sea mining technology into the global mining market.
Although this 50 million tons of ore cannot make money, it will not make BHP Group lose money.
With the current market conditions, it is already very good to maintain a performance without losing money without reducing production.
On the surface, BHP Group works for the Future Group for free, but from another perspective, this also solves the BHP Group's excess production capacity.
As for Jiang Chen, the benefits he gets are very obvious.
The 50 million tons of ore obtained at the floor price is crucial for the Future Ren Group to build a floating sea city, a base station at the bottom of space elevators, and a large habitable space station in the near future.
It will take less than five years, and Luke will regret the contract signed tonight.
Overcapacity of resources will always be just relative to the present.
The only thing that puzzled Jiang Chen was why Luke could so confidently judge the future cost and output of Renmindu mining industry.
And his confusion of not showing any intention of acquisition when facing deep-sea mining technology.
Looking at the wine glass in his hand, Jiang Chen fell into deep thought.
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