Great Power Industry: You're a private company building an aircraft carrier?
Chapter 1281, The Nouveau Riche Has Arrived as a Shareholder!
Australia certainly doesn't want to see other countries increase their iron ore production, as this would impact its own iron ore exports. Without Guinea's iron ore, they could still be living comfortably and might even have a monopoly on iron ore in the East.
However, for mining companies, when they discover low-priced iron ore on the market, the only way is to find even lower-priced iron ore sources to regain their vitality in this competition. Seeing that the company was about to go bankrupt and that Australia was not providing full assistance, they naturally had to find a way to save themselves.
Their new target is Angola!
Angola, located in southwestern Africa, borders the sea to the west. It has a good geographical location, a pleasant climate, and many rivers. The climate is not as hot as in North Africa, making it a very suitable place for people to live.
Unfortunately, there have been few periods of peace in Angola's history. Not to mention when it was a colony, after independence, several forces within Angola have been constantly at war, even attracting the intervention of major powers. Mercenaries supported by the Soviet Union, South Africa, and even Cuba have fought fiercely here.
In the late 1980s and early 1990s, there was a brief period of peace, and the rulers were even willing to use democratic elections to form a new regime and agreed to a multi-party system. However, they were later overthrown in the elections and refused to recognize the results, which led to the outbreak of civil war again.
However, internal conflicts easily arose among the various factions, leading to continuous warfare. It wasn't until February 2002, when UNITA leader Savinbi was killed by government forces, that things finally stabilized. On April 4, a ceasefire agreement was signed, ending the 27-year civil war and achieving complete peace.
After peace, we will enter the post-war recovery and reconstruction period. Angola still has a lot of resources, including oil, natural gas, diamonds, and now iron ore!
A government agency in Angola's capital.
“Mr. Lourenço, BHP Billiton and Rio Tinto are both world-class mining companies. We hope to provide assistance in the iron ore mining in Angola. We have the most extensive experience and are the most suitable partner for you.”
BHP Billiton and Rio Tinto don't need to compete. Angola has so many mineral resources that they can naturally divide them into several mines for separate mining. Now they have to unite to deal with the ever-growing Eastern Mining Company. If it weren't for the poor stock market, they would even be considering merging directly.
Sitting across the table was Kuroko, a large man with a fleshy face, whose smile always gave people a creepy feeling.
“It would be wonderful if you would be willing to participate in the mining of our iron ore mine. It would be easy for us to be criticized if we directly handed over the iron ore to a mining group from the East. Therefore, we can put it out to tender,” Lorenzo said.
Tender!
In the past, they wouldn't have been afraid of bidding, but now, where would they get the money! Louis took a deep breath: "Mr. Lorenzo, please trust the capabilities of Western Mining. Just hand over the mine to us..."
"We can't just hand it over to the Easterners, and naturally we can't hand it over to you either. We have to put it out to tender! The bidding will take place in three days. If you want to participate, you have to pay a deposit of twenty million US dollars first. If you don't even have this much sincerity..."
Lorenzo smiled and said, "Then let's forget about it!"
Louis walked out with a complicated expression and a somewhat dejected mood. In the past, twenty million US dollars was nothing to a global mining giant like them, but now... not to mention twenty million US dollars, they didn't even have two million US dollars in their account!
The bidding deposit is a threshold; otherwise, any Tom, Dick, or Harry would come to bid. Only companies with real strength can participate. The $20 million deposit is indeed in line with international procedures.
But... they have no money!
Australia, the land of kangaroos.
The stock continued to fall, and Andrew and Paul were numb. When they received Louis's message, they looked at each other and smiled bitterly. The former giant had actually fallen to this state!
As for the negotiations on the long-term agreement, they have been temporarily suspended, and the iron ore negotiations for next year have stalled. They even feel like they have reached a dead end!
"Report! Someone is requesting an audience. They say they are willing to invest!"
"Please let the guests in!"
Everyone cheered up again and looked at the person who walked in, who turned out to be a beautiful woman!
"May I ask you are?"
“My name is Vivian, and I have a large amount of Bitcoin. With the price of Bitcoin continuing to rise, I think it’s time to convert them into physical assets,” Sofia said with a smile. “I searched all over the world and found that Rio Tinto and BHP Billiton are the most suitable companies for my investment.”
"Then why don't you buy our stock on the stock market? If your large sum of money comes in, our stock might stop falling and start to rise. This would be a great opportunity for you to buy at the bottom!"
"I don't want to be a retail investor; I want to be a shareholder who can join the board of directors and has a voice."
Ander and Paul exchanged a glance, seeing the worry in each other's eyes. This woman was here to take control of their company! These were established mining giants, and the shares they held were accumulated over time. Now, they were going to sell them to the woman in front of them?
They don't want to.
“If you’re not willing, you can sell your mines to us,” Sofia said. “The mines here in Australia are facing production and operational problems because the international price of iron ore is too low. Since you’re planning to develop iron ore in Angola, you can sell your unprofitable mines here to us.”
How did you know we were going to develop mines in Angola?
“I can’t comment on that.” Sophia smiled. “Anyway, I have a billion dollars in pocket money and I want to do something. I’ll give you three days to consider…”
Upon hearing the figure of one billion dollars, Ander and Paul were stunned. How could this woman be so rich?
If they had a billion dollars, they could actually do something!
It's really lucrative to be involved in Bitcoin. Why didn't we discover this way to make money earlier? Our hard work mining is nowhere near as profitable as mining on the internet... What a world!
“Ms. Vivian, we are willing to sell you a portion of the company’s shares!” The two no longer hesitated. The company was on the verge of collapse, but with a billion dollars, it could be revived!
"Okay, then let's go with the current share value..."
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