The Wealth Empire Crossing the Hong Kong

Chapter 551 Interests Determine Position
In the morning of the next day, Li Jianhui was also not in a hurry to meet the representatives of the three major groups and Japan and South Korea. Instead, he went to the Dongshi Iron Mine with some high-level officials accompanied by bodyguards. Difficulty, and at the same time, make a rough construction plan according to the site conditions.

It was not until the afternoon of the third day that Li Jianhui chose to meet with the heads of the three major groups.

The reason why Li Jianhui did not choose to meet with the representatives of Japan and South Korea first, but chose the heads of the three major groups, is that Donghua Mining also does not want to sell the ore in his hand at a low price. It can be said that Donghua Mining and the three major groups have the same position .

And no matter how you talk with Japan and South Korea, you will only suffer losses. After all, if the other party hadn't wanted to reduce costs, how could they come to Perth eagerly from their country.

As one of Li Jianhui's allies in England, Bout and Li Jianhui have met many times. After seeing Li Jianhui, he greeted Li Jianhui very enthusiastically. At the same time, he introduced BHP Billiton President Wesley and Vale Chairman Paderno to Li Jianhui. .

"Mr. Li, congratulations to your Donghua Mining Group for becoming a world-class mining group. The discovery of Dongshi iron ore is definitely the largest discovery of iron ore resources in the past twenty years."

Faced with the congratulations of several people, Li Jianhui was quite calm. He knew very well that if they had a choice, they would never want to see the Dongshi Iron Mine appear, and even less would Donghua Mining share the cake with them.

It's just that this iron ore reserve is too huge. Once it is exploited on a large scale, it will inevitably seriously impact the global iron ore market.

Perhaps there is no clear idea about the reserves of 80 billion tons. Japan currently imports only tens of millions of tons of iron ore every year, and South Korea and Baodao are far lower than Japan.

However, this is the case, these countries and West Germany are already the main iron ore import regions.

This has also led to several parties having a lot of confidence in negotiating with the three major groups, which can prompt the three major groups and them to adopt a long-term agreement pricing mechanism to ensure that the several major groups will not suddenly increase the supply price of iron ore sharply.

This has also led to the fact that the current price of iron ore is not too high. When it really becomes a money printing machine, it will still have to wait twenty years later. The large demand in the north has caused the price of iron ore to rise sharply.

During this period, the Dongshi iron ore reserves were considered a disaster by Rio Tinto's major groups, but if they met the demand in the north after more than [-] years, that is, in a few years, the other party imported more than one billion tons every year.

Of course, during this period, the demand for iron ore in Japan is increasing, and several major groups have already planned to promote the rise of iron ore, but now there is a sudden appearance of Cheng Yaojin, so they have to rush to Perth urgently. Hope to pull Donghua Mining into its camp.

"With the development of the economy, the devaluation of currencies, the inflation of the world economy, and the increase in costs, I support the orderly rise in iron ore prices."

Upon hearing Li Jianhui's words, Boot and the others knew that their purpose of coming here was basically settled.

Although the rise of Donghua Mining has broken the monopoly of their three major groups on the global sales of iron ore, they are a little unhappy, but they are still very happy to let Donghua Mining join them and continue to monopolize the world's iron ore sales price .

Bout strikes while the iron is hot, saying that the Japanese and Asian economies are developing at a high speed, the demand for iron ore imports is increasing day by day, and the U.S. dollar has depreciated sharply in recent times, hoping that several companies will jointly promote the rise of iron ore prices.

As for the rate of increase, Rio Tinto and other three groups initially set the price from the current price of 22 US dollars per ton to 30 US dollars per ton, which is quite high compared to the current price.

If Dongshi Iron Mine has been put into production and can be transported to the port for loading, Li Jianhui has no objection to the price.

But the current situation is that although Donghua Mining has huge resources, they cannot be used at all, and Donghuahui, its allies, and the market they are in are far from meeting their needs with the current output of Donghua Mining. Purchase large quantities of iron ore from the three major mining groups.

At this time, the price has risen sharply, which is of no benefit to the Donghua Club and its core markets in Greater China and Southeast Asia.

Therefore, Li Jianhui said: "Everyone knows that the current European and American market economies are quite sluggish, and the Asian market is not bad. Although the US dollar has depreciated to a certain extent during this period, it is still acceptable.

If we increase the price by more than 30%, I believe it will inevitably be boycotted by major import markets such as Japan, South Korea, Taiwan, and West Germany, and it will not be conducive to long-term cooperation with these markets.

Personally, I think that considering various factors, $25 per ton is more appropriate for next year's pricing.

Because of the one-year business mechanism, if the U.S. dollar continues to depreciate next year, then we can continue to use this only to continue to increase prices in the supply agreement for the next year.

And if you are not at ease with the U.S. dollar, you can sign other currencies to pay with other places. Compared with the U.S. dollar, our Hong Kong dollar is undoubtedly much more stable, and because of Hong Kong’s financial policy, it is also very convenient to exchange the foreign exchange you need. "

It is clear to everyone present that the American elite and government intend to promote the depreciation of the dollar.

Since the settlement was in U.S. dollars before, they did not intend to break this rule. Now that Li Jianhui mentioned it, they may be able to communicate with several parties in this regard, and the price increase can be less. As long as the payment method is changed, avoiding They may earn more for the losses caused by the depreciation of the dollar.

It's just that Li Jianhui said that the settlement in Hong Kong dollars has never been considered by several companies, especially Bout. They in England are promoting the re-emergence of the British pound. This is an opportunity.

The chairman of Vale Paderno also had an idea in his heart. He would not choose the British pound or the Hong Kong dollar, but set his sights on the Japanese yen.

Recently, the U.S. dollar has been depreciating, but the yen has been appreciating at an accelerated rate, and Japan is currently the largest importer of iron ore. He believes that Japanese companies will agree if they pay in yen.

This time Li Jianhui can be said to have mentioned a loneliness, and if it spreads, Li Jianhui will inevitably become a thorn in the side of Wall Street giants, which is shaking the foundation of the dollar hegemony.

Although under the leadership of the Iron Lady during this period, England has been dancing very fiercely. While actively integrating the Commonwealth, while vigorously promoting the proportion of the pound in international transactions, it obviously means to get rid of the United States and go it alone.

However, due to the development of Britain's own market economy and the world situation, it is difficult for the pound to pose too much threat to the dollar for the time being.

And because the United States needs England to balance Europe, it does not target England too much.

But this time is different. Several major iron ore sellers in the world have thrown away the US dollar pricing payment and switched to other currencies. This is definitely not a good example. If they do not intervene, I am afraid that subsequent oil, natural gas and other transactions will be the same. Learn from the example, so what qualifications does the US dollar have to become the currency hegemony.

It’s just that this is not something that Li Jianhui needs to consider for the time being. Anyway, Li Jianhui and the people behind Wall Street are not much better at present, and the current output of Donghua Mining is only enough for the internal use of Donghua Association. The currency pricing and price are not very good. important.

At present, it is more appropriate to encourage the three major groups to try the attitude of the controllers behind Wall Street than to do it directly. After all, these three companies are backed by their own governments, and the US government also needs to consider the suppression.

He can also make corresponding preparations based on the response of the US government to reduce his own losses.

(End of this chapter)