After an afternoon of shopping in the special district, the two didn't return to the company headquarters after dinner. Instead, they went to the only five-star hotel in the special district and booked a room.
It was a night of passion.
The next day, although Jiang Chen wanted to sleep with the gentle beauty for a while longer, he still woke up early.
Based on Jean's schedule, he would meet with BHP today to discuss the renewal of the iron and aluminum ore supply contract.
BHP's president, Luke Joyce, arrived at the special district and began a meeting with Jiang Chen at the headquarters of Future Heavy Industries.
"Mr. Jiang is very resourceful. I'm afraid the design plan for Penglai was already on your desk when you were in Frankberg."
As soon as they met, although Luke extended his hand with a smile, Jiang Chen could still hear the dissatisfaction in his voice.
It was unavoidable since Jiang Chen set him up.
The displacement of an aircraft carrier was only 100,000 tons. The steel and aluminum consumed by Penglai City could match up to hundreds of aircraft carriers. Imagine if the UA announced the construction plan of 100 aircraft carriers, what impact would it have on the iron and aluminum ore market?
What's more, Future Group never said they only planned to build one Penglai City. If Penglai City performed well, a lot of countries would be interested in it. By that time, if Jiang Chen was interested in exporting the "ocean city" project, orders would fly to Future Heavy Industries like snowflakes.
Putting everything else aside, Hua would definitely become the biggest buyer.
That was the reality of the situation. Compared to last year's depressed metal ore market, iron and aluminum ores, both futures and spot, had rebounded by a large margin. And the 80 million ton supply contract in Jiang Chen's hand was without a doubt a 20% discount based on the floor price.
Luke regretted his decision, but there was nothing he could do since the contract was there. For the sake of the group's reputation, BHP had to accept it.
Regardless of the agreement, the 40 million tons of ore had already been supplied. Future Group wanted to renew the contract? Then let's talk about the price increase!
"This year, the iron ore price is on the rise. The original price is no longer suitable."
"How much do you plan to increase the price?" Jiang Chen looked at Luke's face and smiled.
"Based on the current market price, we'll give you a 90% discount," Luke said without hesitation.
"The current market price? Do you think I don't know that you released a global iron ore reduction assessment report through the International Mining Union a week ago, which raised the prices of iron and aluminum ores in the futures and spot markets? "
With Jane's ability to collect data, any published intelligence could not escape her grasp. After summarizing the information, it was naturally not difficult to analyze the connection between these two matters.
Luke's face stiffened.
He really didn't expect that Jiang Chen, who was focused on the graphene market, would also focus on the unrelated commodity market. Generally speaking, only industry insiders would pay attention to the International Mining Alliance's report. However, Jiang Chen was so well prepared for this negotiation!
"85% of the market price. I can't go any lower. It was impossible to supply them with the same price as last year! If you agree, we can sign the contract now, "Luke said.
Jiang Chen shook his head.
"The Penglai City project has consumed 19.79 million tons of steel and aluminum. Most of the steel and aluminum were consumed in the post-war reconstruction of MLL Island and the development of the New Malaysia Special District. We have five iron mines with reserves of more than 40 million tons on MLL Island, but there are no plans to mine. You don't have much leverage in the negotiation. Do you understand what I mean? "
Future Mining's main project was seabed mining. The main output was molybdenum, manganese, copper, nickel, cobalt, and other metals. The gross profit from mining iron and aluminum ores was too low, so even if they had a lot of iron mines from the Moro government, Future Mining had no plans to mine.
Luke's eyes narrowed, his fingers tapped on the table, and he was thinking about how to close the deal. Jiang Chen, on the other hand, looked at him with a smile and waited for him to make a compromise.
"You have iron mines on MLL Island?"
"That's right, and it's a high-quality iron mine, about 67-68. Not only iron mines, but there are also two aluminum mines. "Jiang Chen smiled." You should know. A year ago, under the harassment of the MNLF, the investment environment on MLL Island was very poor. The Country F government was unable to develop the rich mines on a large scale. But now, these mines are in our hands. "
Jiang Chen's words conveyed two layers of meaning. The first layer was: we have mines. If your price is higher than our mining cost, we won't play with you! The second layer was: Future Group is no longer the Future Group from a year ago. Don't think we'll compromise due to your pressure on other levels. Not to mention the Irish nobles following Rothschild, even B City Consortium was defeated by us. Why would we be afraid of you?
The silence lasted for a long time before Luke let out a sigh.
"The younger generation will surpass the older."
"You know Chinese?" Jiang Chen laughed.
"I learned it recently, although I only know a little." Luke waved his hand. "Let's not stray from the topic. I have a proposal that suits both of our interests. "
"I'd like to hear the details."
"We have advantages in mining, transportation, and management, and you've already mentioned your advantage. You have the resources on MLL Island and influence in Moro. We can establish a mining company in Moro, and we'll each have 50% of the shares. We'll provide the manpower and technology, and you provide the mines and be responsible for public relations. What do you think? "Luke leaned forward and lowered his voice.
BHP could suppress the price of ore to a very low level, but limited by import and export taxes, taxes, environmental fines, and other expenses, the profit of iron and aluminum couldn't increase. If Future Group could use its own influence to lower the taxes on MLL Island's ore production and export, even if BHP supplied cheap ore to Future Group, it would still have a large profit margin.
"This is a great proposal." Jiang Chen's eyes lit up as he nodded with interest.
The iron and aluminum mines had been idle since Future Mining didn't have the extra energy to mine them. This proposal was equivalent to contracting the mining to BHP and splitting the profits 50-50.
But just when Luke thought they had reached an agreement, Jiang Chen suddenly changed the topic. "But isn't the share you're asking for too much?"
[This vampire!]
Luke cursed in his mind, but his face didn't show any expression. Instead, he began to argue with Jiang Chen. Finally, the two parties reached an agreement. Jiang Chen would invest 70 million US Dollar and the mines, while BHP would invest 150 million US Dollar with 55% and 45% of the shares.
This was Luke's bottom line.
Printing the contract required time, so the two parties agreed to officially sign the contract tomorrow. But with the identities of both parties, it was impossible for them to return at the last minute. Therefore, the partnership between Future Mining and BHP was basically finalized.
Jiang Chen felt his watch vibrate.
After Luke left, Jiang Chen pressed on his watch and Jean's holographic image appeared next to his desk.
"Is there a problem?" Seeing that Jean had something to say, Jiang Chen asked in a pleasant tone.
Because he needed Jean to record the meeting, Jiang Chen turned on the recording function. Jean could obviously hear his conversation with Luke.
"In my database, I found more advanced mining technology compared to the modern world. We can completely mine ourselves."
Hearing Jean's question, Jiang Chen shook his head with a smile and stuffed the signed document into the drawer.
"We'll never be able to earn 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?" Jean asked.
"A lot of things from the perspective of efficiency is a problem in and of itself. Compared to squeezing out the last bit of profit, we can take the initiative to distribute the profit and use this chain to tie more people to our chariot in exchange for greater benefits. "Jiang Chen smiled.
"Greater benefits? What is that? "
"No matter what it is, it's not USD."
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