The century-old family began to rise from Hong Kong Island
Chapter 511 30 Billion Tons Of Mineral Deposits, Rolla Valley Mining Company [Ask For Flowers! Ask F
After Galaxy Group acquired Clark Mining Company, it immediately started negotiations with the Turkish and Australian governments.
The purpose is to obtain the mineral mining rights of the Rolla Valley in Barona, Western Australia!
According to the memory of Su Shaoze’s later generations, most of Tu’ao’s mineral resources are concentrated in the central and western wilderness, especially iron ore.
As is well known in later generations, Tu’ao has thirteen large iron ore veins, and a large amount of iron ore is buried.
Now, most of the iron ore veins have been discovered, and only one iron ore vein in the Rolla Valley was discovered after the 1990s.
It just so happened that the Tu-Australian government has relaxed the restrictions on mining rights, so this is an opportunity for Su Shaolong.
It’s like winning the Nanyang seabed oil exploration rights in advance, holding a bargaining chip, and directly opening up the situation for Hong Kong Island Petroleum Company.
It is the same now, as long as the mining rights of the Rolla Valley can be obtained in advance, the Galaxy Group can quickly become a mining giant.
After the Galaxy Group acquired the Clark Mining Company, it immediately started negotiations with the Turkish and Australian governments.
A month later, Li Yunjie returned to Hong Kong Island.
“The conditions put forward by the Turkish and Australian government are very harsh. We need to pay 500 million U.S. dollars for the 50-year mining license [in addition, we need to pay 10% of the tax to the Turkish and Australian government every year.”
Listening to Li Yunjie’s report, Su Shaoze nodded silently.
Undoubtedly, the Turkish and Australian governments are not so easy to bully.
At the beginning, Su Shaoze obtained the subsea oil exploration rights from the Nanyang government at a very low price, but this method obviously does not work on the Turkish and Australian governments.
In any case, Tuao is also a powerful country, and it is difficult to take advantage of them, but it is enough to win the mining rights.
Although 500 million US dollars is a lot, it is acceptable. As for the high tax, there is no way.
“Promise them, let Wendy sign the contract…”
Su Shaoze smoked a cigar and said decisively.
There are not many opportunities to enter the mining industry, and it is difficult to find large iron ore deposits like the Rolla Valley.
If you miss this opportunity, you will have to pay more in the future.
“Understood, boss, but our group’s funds are not enough.” Li Yunjie said directly.
After the acquisition of Standard Chartered Bank, the Galaxy Group is still in the recovery period, and it will be a bit difficult to spend another 500 million US dollars.
Although you can continue to borrow money from the Maoziguo Branch of Wing Lung Bank, the US$500 million is only the beginning.
For the development of heavy industry, especially mineral mining, follow-up investment is the bulk.
The funds required for a series of links such as well digging, mining, and transportation are very huge.
And the most important point is that the Galaxy Group needs to build a railway from the Rolla Valley to the nearest port.
Otherwise, the mined iron ore cannot be shipped out at all.
For all these, the amount of funds required is simply too scary. Although the Galaxy Group can support it, it is also very difficult.
Moreover, in today’s era, there are golden opportunities for development everywhere. Is it worthwhile for the Galaxy Group to invest so much money in the mining industry?
At this time, Rong must make a fast one.
financing!
The cake is too big, it is a bit difficult for the Galaxy family to eat it!
And if you want to develop for a long time, it is not a good habit to eat alone.
Just like Nanyang Petroleum, Su Shaoze needs more forces to become his friends, share risks, and contribute funds together.
The bottom line for Su Shaoze is to guarantee the controlling stake and maintain absolute control over the mining company.
“Get the mining rights of the Lola River Valley first, and we will always make a lot of money this time.” Su Shaoze ordered.
“clear!”
In the following week, Galaxy Group quickly allocated 500 million US dollars of funds, and Li Yunjie returned to Tu’ao again!
Galaxy Group injected another 500 million US dollars into Clark Mining Company.
Subsequently, the Clark Mining Company reached an agreement with the Turkish and Australian governments to obtain a 50-year mineral exploitation right in the Rolla Valley at a price of 500 million U.S. dollars.
Everyone is skeptical about this deal, thinking that Clark Mining is stupid.
When the chairman was Clark, he had already been tricked once.
It cost 200 million U.S. dollars to buy a piece of wasteland.
And now, Clark Company has changed to a new shareholder, but his head still seems not so clear-headed.
He actually spent another 500 million US dollars to buy a place like the Rolla Valley.
Based on experience, it is impossible for any large mineral deposits to appear in the topographical conditions of the Lola Valley. Although there may be some iron ore reserves, it is uncertain whether they can be worth 500 million US dollars!
What’s more, after that, a lot of manpower and force will be required, and the follow-up cost will be the bulk, plus inflation and other factors.
Many mining companies bluntly stated that if the mineral reserves in the Rolla Valley are less than one billion tons, then Clark will lose a lot of money.
But just when everyone was waiting to see Clark’s company jokes, and how those Hong Kong Islanders rolled back to Hong Kong Island in despair.
Clark company suddenly issued two announcements.
“..Clark Company officially changed its name to Rolla Valley Mining Company starting today.”
Using the place name as the company name is considered a normal operation, and it can also detect the traces of the previous Clark era as soon as possible, and enhance the sense of belonging in the hearts of employees. (Zhao Hao)
But the release of the second announcement caused an uproar in Tuao.
“The Rolla Valley Mining Company has completed the mineral exploration work in the Rolla Valley area, and the estimated iron ore reserves are about 30 billion tons.
When this announcement was released, the entire native product industry was a sensation.
Three billion tons?
How can it be?
The Rolla Valley only needs to have one billion tons of ore deposits to ensure that the Galaxy Group will not lose money on its investment. But now, the Rolla Valley Mining Company has directly announced that the iron ore reserves in the Rolla Valley are 30 billion tons.
This is already a super large iron ore vein.
Do not believe!
They can’t believe it.
At this moment, the major mining giants in Tuao are using various means to find out the truth of the news, and the impact of the sensation is far more than that. .
The century-old family began to rise from Hong Kong Island chapter 511
? Views, Released on January 10, 2025
The century-old family began to rise from Hong Kong Island
家族百年,从港岛开始崛起
Status: Ongoing Type: Faloo
In the 1980s, a man came to Hong Kong Island and rose from chaos and darkness.Established a mercenary group, acquired a power media company, intervened in the international trade of oil, called the wind and rain in the financial industry, and stood up in the real estate industry.He established a symbol of the era, the Galactic Empire!He established a family chaebol spanning centuries, the Su family!A hundred years later, a world masterpiece “Economic War” was published, and people realized the mystery and terror of this family for the first time.“Since the 1980s, the Yinhe Group has been established for a hundred years, and it can be seen behind almost every major change in the world.”The world-renowned economist Lawrence once wrote in his book “The Invisible Black Hand”: “When the voice of money sounds again and the power of power rises to the surface, the world will bow its head before this famil