Rebirth of England.

Chapter 725 Yulia and Ravi
It was already 200 when West African Mining Company finally signed an agreement with Rio Tinto, investing US$12 billion in Rio Tinto and acquiring 2010% of the company's shares, thus becoming its largest shareholder.

Although Rio Tinto's headquarters is in London, its main business is in Australia. Therefore, during this period, Barron also attended the New Year's party held by Australia and met many politicians and mining tycoons.

Of course, in terms of his public identity, Barron is one of the shareholders of the West African Mining Company. This company, which is registered in Colo, is not a listed company, so the specific shareholder information will not be disclosed to the public.

Moreover, even if the shareholder information can be obtained, the complicated shareholdings of offshore companies are not easy to understand.

"Hammersley Iron Ore Co., Ltd., controlled by Rio Tinto, is the second largest iron ore producer in Australia. It has five production mines in the Pilbara region of Western Australia. The current proven reserves are about 21 billion tons, and the company's annual iron ore production capacity is 5500 million tons..."

Andrew Cole, CEO of West African Mining, told Barron’s:

“It is expected that after the completion of the Yangdi mining project under construction, their annual iron ore production capacity will reach more than 6500 million tons…”

Currently, Rio Tinto Group is the world's second largest mining group, second only to BHP Billiton.

When the company's total assets are divided by region, 89% are concentrated in Australia and North America.

Among them, their coal and iron ore accounted for 19% respectively, aluminum accounted for 17%, copper 16%, industrial raw materials 15%, gold and diamonds each 5%, and others 4%.

"China is currently Rio Tinto's fourth largest market in the world after North America, Japan and Europe, and it is also the fastest growing market. I believe that China will soon surpass other countries and regions..."

In the process of West African Mining Company acquiring shares in Rio Tinto Group, the Chinese market is an unavoidable topic. Andrew Cole whispered to Barron:

"Not only Rio Tinto, but BHP Billiton also hopes that we can stand with them and jointly negotiate with Huaxia on the selling price of iron ore."

Prior to this, China's purchase of iron ore from Rio Tinto and BHP Billiton were all conducted through centralized negotiations. From some things Baron knew in his previous life, he understood that in this process, Rio Tinto and BHP Billiton could use any means possible.

It’s just that their asking price was too high before, and part of the iron ore and copper ore from the West African Mining Company filled the gap needed by China.

One of the reasons why Rio Tinto is willing to allow West African Mining Company to join their shareholders this time is to bring this mining company with a rapidly growing iron ore mining scale into their camp.

After all, if there is a chance to increase prices, these mining companies will naturally not let it go, as this is all hard-earned money.

"That's not a problem. We will follow the rules of the market to trade."

Barron said calmly.

He understood that after joining the WTO, China's initial integration with the international market was actually a little confusing, and some tuition fees must be paid. Even if the West African mining company could sell iron ore to him at a lower price, the scale of their own iron ore mining was limited. Considering China's increasingly exaggerated steel production, it was only a drop in the bucket.

If this is the case, they still need to purchase raw materials from the three iron ore giants, BHP Billiton, Rio Tinto and Vale. If this is the case, there is no need for West African Mining Company to be the bad guy among the suppliers.

And after all, they have become Rio Tinto's largest single shareholder, so Rio Tinto can make more money, and a considerable part of the profit belongs to West African Mining Company, so why bother with money? For Barron, West African Mining Company has become a major shareholder of Rio Tinto, which has an additional benefit.

That is, if the quotations are similar, the Peninsula Oriental Group, which he had just acquired, could rely on this relationship to obtain a considerable portion of Rio Tinto Group's shipping orders.

……

Before Barron left Melbourne for Grace Lavender Farm, he picked up Julia Moore here.

Yulia came to Australia for work. There is currently no suitable land to acquire in the UK. She came to Australia to help Barron purchase some ranches in Australia and New Zealand for the Devonhill Family Trust Fund. These ranches will belong to Devonhill Ecological Agriculture Company and provide high-quality meat and dairy products for their Duke's Selection supermarkets and Argos retail group.

"I'll come with you, Yulia."

After hearing the conversation between Yulia and Barron, Catherine took the initiative to say to her:
"I think the environment here is good. I also plan to learn more about the ranches here. I hope I can buy a ranch. It would be nice to come here for vacation during the winter in London."

Catherine Neville is now a wealthy woman with assets worth hundreds of millions. There is one thing she has no doubt about, that is, she will not suffer any loss if she invests with His Royal Highness the Duke Barron. Much of her current wealth was expanded under the advice of Barron.

"Then I'll come along, it's a good chance to relax."

Seeing Catherine say this, Tamaran Ecclestone also became interested.

The time they had spent together over the past few days had made her relationship with Catherine even closer.

Knowing that Barron was going to Grace Lavender Farm soon to stay with Bonnie and the others for a while, in order to avoid boredom, Tamaran also planned to go with Catherine and Yulia to see those ranches. Just as she said, it was also a way to relax.

After all, Barron has arranged enough entourage to take care of them, so they don't have to worry about anything, either in terms of safety or life.

"That's good too. You don't have to rush. Yulia, just think of it as taking Ravi along for the trip."

The brother and sister from Palestine, Rami, have now joined the DS Group and have devoted a lot of energy to this operation against the Rothschild family...

This time when she came to Australia, Julia Moore brought her sister Ravi, who was on vacation. After hearing what Barron said, she agreed and took the opportunity to show the little girl more.

It can be seen that Yulia is very good to Ravi, and the relationship between them is like that of mother and daughter.

When Ravi was first adopted by the Devonshire Charity Foundation, she was only ten years old. This year, she is about to turn 15. She has grown into a beautiful young lady. Standing next to Yulia, they look like sisters.

Of course, Yulia is of Russian descent, and relatively speaking, her figure is taller and fuller, while Ravi is of Arab descent, with a delicate face, and it can be seen that she is definitely a beauty.

(End of this chapter)