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Chapter 476

Words:1656Update:22/06/17 23:21:36

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His series of questions made everyone fall into deep thought. They felt that what he said made sense.

"I have also thought about your question." Sheng Wenyan quickly responded to his question and said, "Hongxin Group is also interested in working with us to develop the mining business in Africa. If we are willing to let Hongxin invest, this cooperation will be in the bag. "

"What? Capital investment?" Xin Zhe immediately questioned. "Guangtu Mining's internal structure has stabilized. I don't think it is suitable for us to accept any other capital investment!"

Capital investment was a big deal. This meant that Hongxin Group wanted to control a certain percentage of Guangtu Mining's shares and have some say in it.

This was inevitable for Lu Zixin. He had to have a say in every company or group that he worked with. That way, he could ensure that his technology and interests would not become his competitors.

But for Guangtu Mining Group, they were not short of money! Guangtu Mining's annual revenue in China alone was tens of billions. They had also invested in many companies, so they were very vigilant in the face of foreign capital investment. Moreover, the other party was a relatively strong group.

"I don't agree either." Another vice president said, supporting Xin Zhe's opinion.

"This is just a suggestion. You can discuss it if you have any ideas. But now is not the time to vote. "Sheng Wenyan said," We will decide on this after the Nigeria issue is settled. Now, if there is nothing else, the meeting can be dismissed. "

No one said anything. Sheng Wenyan walked out of the meeting room alone.

Xin Zhe was still sitting there quietly. He glanced at everyone. Judging from their performance today, Sheng Wenyan's support had dropped again. Once the Nigeria issue was resolved, it would be time for him to take over.

"You want to rely on Hongxin Group to gain a foothold? The board of directors will definitely not agree. "Xin Zhe was full of confidence.



Nigeria, Kaduna State, Guangtu Mining's iron mine.

This iron mine was rich in iron ore. The ratio of iron ore was very high. It could be used after a little refining. Guangtu Mining had done a detailed exploration in this area and paid a huge price to obtain the mining rights here.

They expected to be able to break even after a few years of mining. However, the political situation in Nigeria had been unstable recently, and news of a new policy had spread, which placed Guangtu Mining under immense pressure.

"Sigh, the company has tripled the production target. We can't meet it even if we work overtime!" Lin Zhiyuan, the head of the mining industry, sighed.

"The company is doing this to reduce risks. Do you remember last year? Because of the local armed conflict, we suffered heavy losses in that mine in South Africa. During those days, CEO Sheng was so worried that his hair turned white. This time, we have to face this kind of problem again. CEO Sheng's pressure is no less than ours. "His colleague comforted him.

"That's true, but this won't make up for anything. The workers were already complaining, and their dissatisfaction was very high. I think that if this goes on, there will be problems. Now that things have come to this, I can only do as instructed. I hope there won't be any trouble. " Lin Zhiyuan was not very optimistic about the prospects of the mines. If there were heavy losses here, as Sheng Wenyan's right-hand man, his position in the group would probably decline along with Sheng Wenyan.

He was only forty years old, at the prime of his life. He didn't want to suffer a setback in his career.

"Didn't CEO Sheng say a few days ago that we are going to cooperate with Hongxin Group? When the time comes, there will be intelligent machines and systems that will increase our efficiency by more than five times! "

"I also hope that it can be like that. But if there is really such technology and things, the European and American mining giants would have used it long ago. Will we have a chance? "Lin Zhiyuan was somewhat pessimistic." Don't expect too much. We just have to do our best. "

..

In the central city of Kaduna State, a few British and Nigerian officials were talking and laughing in a luxurious European-style building.

"Mr. Esmidara, BHP Billiton is very sincere in helping the local mining industry in Nigeria. I think you have received our respect. " A British man with a high nose bridge said. He was one of the executives of BHP Billiton in Australia. His name was Joyce.

BHP Billiton in Australia was one of the top mining companies in the world. It was established in the mid-19th century and had a long history. BHP Billiton occupied a large share of the world's mining trade. Only the mining giants in the United States could compete with it.

Although BHP Billiton was registered in Australia, Australia was once a British colony. Now, it was also one of the countries in the Commonwealth. The main assets that controlled BHP Billiton were also from the United Kingdom.

In recent years, with the rise of the African mining market, these mining giants set their sights on the African market and made a strong comeback.

"Mr. Joyce, you are too kind. We like your gift very much!" Esmidara responded with a smile. He was an important official in Nigeria's Ministry of Land and Resources. He was of mixed European and African descent, so his skin was not as dark as other black people.

Like many Nigerian officials, he was very friendly to Europeans because he learned to imitate European culture since he was young.

Joyce smiled. "Then please solve the problem of the iron mine as soon as possible. BHP Billiton will definitely mine according to Nigeria's mining law. It will also bring more profits to your country."

The mine he was referring to was the place where Guangtu Mining was mining. Originally, BHP Billiton was not interested in an iron mine and even used some tricks.

But they found that it was not as simple as an iron mine. It was a good time to catch up with Nigeria's policy changes. Fortunately, they used their own resources and strength to take over Guangtu Mining's current mine.

They paid a lot of benefits to Esmidara and other Nigerian officials, enough to let them speak for BHP Billiton.

As long as they got the mine, these benefits were small.

Another African official next to Esmidara smiled. "You can rest assured. Mr. XX, who will be in office next year, also admires your company's courage very much. Guangtu Mining Group has ignored the rights of our domestic workers and destroyed the ecological environment. As long as we wait for next year's election, our Ministry of Land and Resources can take back their mining rights! Let a more trusted company be in charge of mining. "

Even if they wanted to take back the mining rights of BHP Billiton, they could not act recklessly. They had to find reasons and excuses. Otherwise, the leaders would not allow it. It would also hurt the confidence of international investors in their country's mineral resources investment.

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