Chapter 676: Ore Negotiation

After wandering around the Xinma District for an afternoon, the two of them did not go back to the company headquarters after having dinner, but went to the only five-star hotel in the Special District to book a room.

Lingering all night.

The next day, although he wanted to sleep longer with his arms around the docile little beauty, Jiang Chen got up early.

According to the itinerary arranged by Jane, today he will meet with representatives of the BHP Group to discuss the renewal of the iron and aluminum ore supply contract.

Luke Joyce, chairman of BHP Group, arrived in the special zone and started a meeting with Jiang Chen at the headquarters of Future Heavy Industry.

"Mr. Jiang is really good at it. I'm afraid the design plan for Penglai City was on your desk when you were in Germany."

When they met, although Luke smiled and held out his hand, Jiang Chen could still hear some dissatisfaction from his mouth.

It was inevitable, after all, Jiang Chen had tricked him a lot.

The displacement of an aircraft carrier is only 100,000 tons. The steel and aluminum consumed in Penglai can support hundreds of aircraft carriers. Imagine if the United States announced a plan to build 100 aircraft carriers, it would have a huge impact on the iron and aluminum ore market. what effect.

What's more, the Future Group has never said that they only plan to build a Penglai City. If Penglai City works well, many countries will definitely be interested in this thing. If Jiang Chen is interested in exporting this "Ocean City" project to the outside world, he believes that orders will fly to Future Heavy Industries like snowflakes.

Not to mention anything else, Hua Guo will definitely become the biggest buyer.

This is the reality. Compared with the sluggish metal ore market last year, both iron and aluminum ore, whether in futures or spot, have rebounded by a large margin. And the supply contract of 80 million tons in Jiang Chen's hands was undoubtedly copied on the floor. Moreover, it was discounted by 20% according to the floor price at that time.

Luke's bowels were green with regret, but there was nothing he could do. The contract is here. For the reputation of the group. Their BHP Group had no choice but to admit it.

After all, the 40 million tons of ore has already been supplied, and the Future Group wants to renew the contract? Then let's talk about the price increase!

"The price of iron ore has risen across the board this year, and the original price is no longer suitable."

"How much do you plan to increase the price?" Looking at Luke's face, Jiang Chen smiled.

"According to the current market price, we will give you 90% cheaper." Luke said without hesitation.

"The current market price? Do you think I don't know that you released the global iron ore production reduction assessment report through the International Mining Union a week ago.

Raised the prices of iron and aluminum ore in the futures and spot markets? "Jiang Chen said with a smile.

With Jane's data collection ability, any publicly released information cannot escape her capture. After collecting these information, it is naturally not difficult to analyze the connection between these two things.

Luke's face froze.

He really didn't expect Jiang Chen, who was focusing on the layout of the graphene market. It can also focus on the commodity market, which is not on the same side. Generally speaking. Only people in the industry will pay attention to the report of the International Mining Association (IMA). For this negotiation, Jiang Chen actually made such full preparations!

"85% of the market price, it can't be lower. It is impossible to supply at last year's price! If you nod, we can sign the contract now." Luke said.

Jiang Chen shook his head.

"The Penglai City project has consumed a total of 19.79 million tons of steel and aluminum. Most of the steel and aluminum were consumed in the post-war reconstruction of Mindanao and the development of the New Mata Special Zone. We have five reserves of more than 40 million tons in Mindanao iron ore, but there is no plan to mine it yet. You don’t have much leverage in bargaining, do you understand what I mean?”

The main business project of Future Human Mine is seabed mining, and the main output is molybdenum, manganese, copper, nickel, cobalt and other metals. The gross profit of mining iron, aluminum and other ores is too low, so even if there are a lot of iron ore obtained from the Moroccan government, the future mining industry has no plans to open mines.

Luke narrowed his eyes, tapped his fingers lightly on the table, thinking about how to negotiate the deal. Jiang Chen looked at him with a smile, waiting for his proposal to make concessions.

"You have iron mines in Mindanao?"

"That's right, and it's a very high-grade iron mine, about 67-68. Not only iron mines, but also two aluminum mines." Jiang Chen laughed, "You should know. A year ago, at the Morocco Organization Under the harassment of the government, the investment environment in Mindanao is very poor, and the Philippine government is simply unable to develop those rich mines on a large scale. But now, these minerals are in our hands.”

Jiang Chen's words conveyed two meanings. The first layer is: We have mines in our hands, if your price is higher than our own mining cost, we will not take you to play! The second layer is: the Future Group is no longer what it was a year ago. Don’t think that we will make compromises under pressure from you at other levels. Not to mention you Irish aristocrats who hang out with Rothschild, the Boston consortium has been persuaded by us, will we still be afraid of you?

There was a long silence, and Luke sighed.

"Young people are terrifying."

"You still understand Chinese?" Jiang Chen smiled.

"I just learned it recently, although only a little bit." Luke waved his hand, "I don't digress. Now I have a proposal, which is in the interests of both of us."

"Appreciate further details."

"We have advantages in iron ore mining, transportation, and management, and your advantages you have mentioned just now, you have resources in Mindanao and influence in Moro. We can completely register a joint venture in Moro Mining companies, we each hold 50% of the shares. We provide people and technology, and you provide mines and are in charge of public relations, what do you think?" Luke leaned forward and said in a low voice.

BHP can keep the ore price very low. However, due to various expenses such as import and export tariffs, fiscal taxes, and environmental fines, the gross profit of iron and aluminum ore has been unable to increase. If the Future Group can rely on its own influence to reduce various taxes and fees for ore production and export in Mindanao, BHP Mining will have a lot of room for profit even if it supplies cheap ore to the Future Group.

"This proposal is indeed good." Jiang Chen's eyes lit up, and he nodded with interest.

Those iron ore and aluminum mines have been idle, and the mining industry will not have the extra energy to mine them in the future. This proposal is equivalent to contracting the mining to the BHP Group, and the two parties will share the profits 50-50.

However, just when Luke thought the agreement had been reached, Jiang Chen changed the subject, "But isn't the stake you want too high?"

The vampire!

Luke cursed secretly in his heart, but he didn't make any expression on his face, and argued with Jiang Chen with a sullen face. In the end, the two parties reached an agreement. Jiang Chen invested 70 million US dollars and minerals, and BHP Mining Group contributed 150 million US dollars. The equity ratios of the two parties are 55% and 45%.

This is also the bottom line for Luke.

It takes time to print the contract, and the two parties agreed to formally sign the contract tomorrow. However, as both parties, it is unlikely that they will make a temporary return, so the cooperation between Future Mining and BHP Group can basically be finalized.

Feel the vibration of the watch.

After Luke left, Jiang Chen pressed the watch, and Jane's holographic bust appeared beside the desk.

"Is there any question?" Seeing Jane who had something to say, Jiang Chen asked with a pleasant face.

Because Jane needed to take notes for the meeting, Jiang Chen turned on the recording function. Jane can naturally hear his conversation with Luke.

"In my database, I have retrieved a more advanced mining technology than the current world, and we can mine it by ourselves."

Hearing Jane's question, Jiang Chen shook his head with a smile, and stuffed the signed document into the drawer.

"We're never going to make all the money in the world, and there's no point in doing so."

"From the perspective of efficiency, is there a problem with my proposal?" Jane asked.

"A lot of things are considered from the perspective of efficiency, which is a problem in itself. Compared with squeezing the last bit of profit, we can take the initiative to distribute this part of the benefits, and use this chain of interests to tie more people to our chariot In exchange for greater benefits." Jiang Chen said with a smile.

"The greater good? What is that?"

"Whatever it is, it's not a dollar anyway." (To be continued.) To find this site, please search for "" or enter the URL: