Automotive Black Technology Chapter 924: : Situation is stronger than people!

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Rare earths are actually the raw materials of fifteen lanthanide element oxides numbered 57-71 in the periodic table of elements, and seventeen oxides of scandium and yttrium with similar chemical properties.

Because rare earth elements have extremely broad application prospects in petroleum, chemical industry, metallurgy, textiles, ceramics, special glass, permanent magnet materials and other fields. Therefore, the value of rare earth oxides is increasing, and it has become an extremely important strategic resource today.

It is as important to a country's industry as vitamins are to the human body.

In fact, if Li Fanyu needed rare earth elements to study automobile motors, he could actually mine them himself without having to go through so much trouble. China is currently the world's largest producer of rare earths.

But things are not like that.

Everyone now knows the importance of rare earths. However, the reason why it is called rare earth is because the stock of this thing in the world is too rare.

That’s why this thing is important, mine it more and less. Therefore, various countries have now partially restricted mining, and even in developed areas such as the United States, Japan, South Korea and Europe, they have adopted a strategy of completely restricting mining.

For example, the United States has a large amount of local rare earth minerals in its hands, and with its military and political influence, it also has many rare earth resources overseas. However, more than 60% of the rare earths needed for domestic production are still imported from China. As the world's second-largest country with the largest rare earth reserves and the most complete rare earth resources, the United States mothballed the country's largest rare earth mine, the Mountain Pass Mine, and more than 80 other mines in 2002. Imported in large quantities from China.

Japan, let alone South Korea, started out as a manufacturing and precision electronics industry. Because of its own shortage of rare earth resources, it has relied heavily on China's rare earth resources for many years.

These two countries own 30% of the world's rare earth storage share through imports and mine purchases. Nearly 70% of the rare earths exported by China go to these two places.

Western European countries have small reserves, so they cherish their own rare earth resources more - but they are also important customers of China's rare earths.

However, the greed of these developed countries is that in addition to the rare earth resources needed for production, some companies also purchase excess amounts through government allocations and store them in their own warehouses. Japan and South Korea have been doing this for many years.

What is even more egregious is that in addition to purchasing, they also circumvent Chinese laws through investment and other methods, participate in rare earth development or directly lure Chinese rare earth smugglers, and openly plunder.

The abacus is very precise.

This current situation is heartbreaking for China.

So now, Li Fanyu made up his mind to get this mine down.

But to be honest, this rare earth mine located in Nanfei, a country in southern Africa, is enough to make him covet.

This mine stretches over more than 200 hectares.

The information currently obtained from Mason shows that its current deposit is about 23 kilometers long, 1.3 kilometers wide, and 7 meters thick. The proven reserves of apatite and monazite are considerable.

It is no exaggeration to say that this mine, if that guy Little Jones hadn't been lucky enough to take advantage of it when the domestic situation in Nanfeng was chaotic, warlords were divided, and the influence of various countries could not penetrate, it would not have been trapped. At Roger Jones, and even in private hands.

The value is far beyond what Roger Jones can afford.

But these are no longer important, because now, although this is not fully exploited, it has proven reserves of a super large mine. Zhengxin has already known the news before anyone else and is targeting him!

After getting Li Fanyu's approval, Mason quickly organized his manpower and began contacting Roger Jones Company. And through the relationship between Li Fanyu and Lao Jones, trial operations began.

It is clear that Roger Jones' situation is now at an existential point. Old Jones only cares about the company's fundamental business, which is logistics and warehousing. He doesn't care so much about these industries that, in his opinion, are not doing their job properly and have put the company in crisis.

But after being in business for a long time, I naturally understand how to create the greatest value from things that I don’t need.

So at the negotiation point, things didn't go smoothly.

The board of directors of Roger Jones offered the minerals a high price of one billion US dollars. According to their requirements, 60% of the one billion US dollars will be used to purchase a total of 5,000 sets of Zhengxin's F750 heavy-duty trucks and cargo tops, which are newly launched in the U.S. market. The rest will be directly discounted or replaced by hundreds of Zhengxin branches in the United States. tenths of the shares.

This request, in Mason's opinion, is like a lion opening his mouth!

Don’t say whether 400 million can buy 10% of the shares of Zhengxin’s American branch. Even if it can, Zhengxin cannot sell it!

You must know that all branches of Zhengxin are not listed on the market. The gold content of this stock is much greater than that of those listed with water!

This request was naturally decisively rejected by Mason.

After Shaoshi’s research, Zhengxin gave its first and last quotation; Zhengxin’s American branch provided a total of 3,000 sets of F750 and load-carrying tops to Roger Jones Company in three batches. A two-year after-sales extended warranty worth US$5 million is provided free of charge. In addition, in view of the good personal relationship between Mr. Li Fanyu and Roger Jones, Zhengxin can provide Roger Jones with a total of US$50 million for two bank repayment seasons in the shortest possible time through its investment company. low-interest loans.

And at the negotiation table, Zhengxin’s negotiator tactfully reminded Roger Jones’s board of directors representative; your bank repayment quarter is coming soon.

To be honest, although the old helmsman is not optimistic about these businesses other than warehousing and logistics. But there is no internal thought at Roger Jones to let go of this hard-won rare earth mine.

Moreover, even if you have to let go, the value of this mine will not worry the seller at all. If they were given enough time, they could even sell the mining rights to this mineral property for more than five times the previous purchase price!

But...

The premise is that there is enough time.

After some heated debate, Roger Jones's board of directors reached a consensus - Change!

Things like mines are already external to Roger Jones...

Whether you can live well is a question, but whether you can survive is the fundamental question. In any case, survival is the thorny problem that the company currently wants to solve the most.

Recent bank reminders and shareholder uprisings have made old Jones think about selling off his luxury cars.

At this time, although facing righteous faith is not rich, it can solve the urgent conditions...

It can only be said that the situation is stronger than the people.

After a week of negotiations, the rare earth mine located at the junction of Nanfei and Promoai was taken over by Zhengxin!