"Thank you!" Shi Yang stood up to express his gratitude.
"You're welcome. Keep in touch." Li He asked Qi Hua to send him off.
After the shower, Qi Hua knocked on the door and came in. "Mr. Li, Mr. Singh, the CEO of Tallisson, wants to see you."
"Tallisson? What Singh? "
Are you sure he's not the Lion King?
Li He was a little confused. He didn't know where this came from.
Qi Hua never had high hopes for Li He's memory, so he reminded him, "Tallisson is the Australian lithium company that you instructed Mr. Sun Softbank to acquire. Its lithium mine output accounts for about 65% of the world's lithium ore production and about 35% of the world's total lithium resource supply. Tallisson has the world's largest reserves of high-quality spodumene … "
"Oh, I remember now." Li He interrupted. This lithium company was acquired by him when he was competing with Fujita Group's Moji Umehara. He almost forgot about it.
Qi Hua said, "He made an appointment as soon as we got here. I saw that you didn't have time, so I pushed it until now. He's staying in the room downstairs now."
"Let him in." Li He got up and put on some clothes and a pot of tea.
The door opened again and a burly Indian man came in.
"Mr. Li, nice to meet you." After he got Li He's permission, he sat on the sofa next to him and took the tea from Qi Hua.
"Have some tea." After seeing that the man was of Indian descent, Li He was no longer confused about the name Singh. This was the same as in China. There were at least eight million people named Xiao Ming and Xiao Li.
"Thank you." Singh sat up straight and said, "Mr. Sun told me that when you come to Australia, I must treat you well and listen to your opinions on work."
Li He touched his bald chin and looked at the man's thick beard. Once again, he felt the difference between the two races.
"That's not necessary. I appreciate your kindness. I already have colleagues here to receive you. I know nothing about the mining industry. Professional matters need to be handled by professionals like you."
As soon as they got off the plane from Sydney, people from Manggo Oil Company came to pick them up. From travel to accommodation and food, they did not have to worry at all.
As the second largest oil retailer in Southeast Asia, Manggo was not limited to developing its business in Southeast Asia. It had long blossomed in Australia. Its gas stations were located in major cities in Australia, and it was currently the fifth largest oil retailer in Australia.
"Mr. Li He, there's one more thing. Mr. Sun told me that you are the only one who can make the arrangements." Singh looked at Li He seriously.
"Then tell me."
After all, the other party had waited for so long, and it would be a little unreasonable to not let him speak.
"Mr. Li, I think this is a good opportunity to expand the mining industry. It is a pity to only focus on lithium mines. You are the world's richest man, and you should invest more in this industry. Especially iron ore, this is a good business. " Singh continued, "Not only is Australia rich in iron ore reserves, but it also has good mining conditions.
However, because the northern part of Australia is sparsely populated and there are no railways, materials are mainly transported by road. On the road between the mine and the port, long trains are often used to transport the ore, which greatly increases the transportation cost, causing us to be unable to compete with the Brazilian iron ore manufacturers for a long time.
However, the government is working hard to change this situation. First, the labor-management system has been reformed, such as the adoption of 'workplace agreements' and 'enterprise agreements'. This has caused the number of supply stoppages caused by strikes in recent years to drop sharply. Among those who only know about the past, some people can't immediately believe this change.
I have been in the mining industry for 20 years, and I have reason to believe that as long as we actively maintain and increase the ore supply capacity, improve the stability of supply, and increase productivity, we will definitely be able to increase the overall competitiveness of iron ore. The Australian iron ore industry will be greatly developed … "
"I believe in the development potential of the Australian mining industry, but as far as I know, the Australian government seems to have restrictions on investment, right?" This was the reason why Li He had always been hesitant about the mining industry. He was a person who was afraid of trouble!
"No, Mr. Li, you may have misunderstood something." Singh corrected him. "Australia's domestic capital is limited, so the development of the mining industry has been largely dependent on foreign investment. Basically, half of the mines are in the hands of foreign investors.
Although the Labor government made some special regulations in the seventies, such as any investment project of more than AUD 5 million must be reported to the government for approval, at least 50% of the Australian share capital, and at least 50% of the decision-making power of Australians in the board of directors or project leadership group can be approved.
However, the implementation of these regulations is more flexible. If the government believes that a certain project is beneficial to the country, and it is unable to raise enough money at the moment, the project will be allowed to proceed with less than 50% of the Australian share capital.
Moreover, in the eighties, the Australian government relaxed the restrictions again, so it is not very strict.
In short, the foreign investment policy is closely related to resource development and profit sharing. Australia's rich mineral resources need the help of overseas capital to develop, and it can benefit from the increased economic activity and corresponding employment.
Therefore, the Australian government basically welcomes the investment of foreign capital.
The purpose of the government's foreign investment policy is to maximize the benefits of mineral development for Australia. "
Li He smiled. "You know, I want to invest billions, tens of billions, not millions like you said. What's the point of investing in a small mine? Are you sure that if I invest tens of billions, the Australian government won't interfere? "
"Mr. Li, you still don't know much about the mining industry." Singh explained to Li He again. "I don't understand why there are people who are so obsessed with the ownership of the mine. I think this understanding is wrong.
90% of the iron mines are concentrated in the Pilbara region of Western Australia. There are big and small mines. The small ones have a service life of ten to eight years, and the big ones have a service life of forty to fifty years. Once the service life is over, these mines will be worthless.
So, even if we can't get the ownership in the end, we can contract it. "
"Contract?" Li He thought that only China was doing contracts, so he adjusted his sitting position and continued to listen.
Singh said, "This is a very popular practice in Australia. From small gold mines to large iron and metal mines, the mine owners are using contractors to carry out the contract mining.
The contract of the mine includes all the production processes from excavation, tunneling, to the transportation of the ore.
In fact, large companies can increase labor productivity and equipment utilization by contracting out the project, while small companies can increase economic benefits without increasing the investment of capital and manpower. "
Li He thought for a while and said, "Go and write the proposal and pass it to Mr. Qi."
"Thank you, I will pass it to you as soon as possible." Singh shook hands with Qi Hua before he left.
Not all Indians were so funny. Singh's appearance changed Li He's stereotype of Indians.
"I think what Singh said makes sense. The international price of iron ore is rising, and I heard you say before that China might become the country that consumes the most iron ore in the world. It is right to control the iron ore price in our own hands." After Qi Hua sent Singh out, he also expressed his opinion.
Li He just nodded. He did not confirm or deny it.
PS: The original plan was to resume normal updates after he was discharged from the hospital, but something unexpected happened. The entire book needs to be changed. Many content and details will be removed, including some characters. So, this stage of the update will not be normal, and the focus will be on changes.
You've already exceeded your reading limit for today. If you want to read more, please log in.
Login
Select text and click 'Report' to let us know about any bad translation.
