Chapter 725 Yulia and Ravi
When the West African Mining Company finally signed an agreement with Rio Tinto, it invested US$20 billion in Rio Tinto and obtained 12% of the company's shares, thus becoming their largest By the time we became shareholders, the time had come to 2010.
Although Rio Tinto is headquartered in London, their main business is in Australia. Therefore, during this period, Barron also participated in the New Year banquet held by Australia and met many dignitaries and politicians. Mining bosses.
Of course, in his official identity, Barron is one of the shareholders of the West African Mining Company. This company, registered in Kolo, is not a listed company, so the specific shareholder information is not available. It will be announced to the public.
And even if one could obtain shareholder information, it would be difficult for anyone to figure out the complicated shareholdings of offshore companies.
"Hammersley Iron Ore Co., Ltd. controlled by Rio Tinto is Australia's second largest iron ore production company. It has five production mines in the Pilbara region of Western Australia. The current proven reserves are approximately 2.1 billion tons. The company's iron ore The annual production capacity of the mine is 55 million tons..."
West Africa Mining Company's CEO Andrew Cole 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 65 million tons..."
Currently Rio Tinto is the world's second-largest mining group, after BHP Billiton.
The company's total assets are divided by region, with 89% concentrated in Australia and North America.
Among them, coal and iron ore account for 19% respectively, aluminum accounts for 17%, copper 16%, industrial raw materials 15%, gold and diamonds each account for 5%, and others 4%.
“Currently, China is 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 companies taking shares in Rio Tinto Group, the Chinese market is an inevitable topic. Andrew Cole whispered to Barron:
"Not only Rio Tinto, but BHP Billiton also hopes that we can stand together with them and jointly negotiate with China on the sale price of iron ore."
Prior to this, China purchased iron ore from Rio Tinto and BHP Billiton. Ore negotiations are concentrated, and from some things Barron knew in his previous life, he understands that in this process, Rio Tinto and BHP Billiton can use any means.
It's just that because their asking prices were too high before, part of the iron ore and copper ore owned by the West African Mining Company filled the gap needed by China.
One of the reasons why Rio Tinto is willing to let West African Mining Company join their shareholders this time is to bring this mining company, which is growing rapidly in iron ore mining scale, into their camp. Come.
After all, if there is an opportunity to increase prices, mining companies like them will not let it go. These are all money in vain.
“This is not a problem, we will follow the rules of the market to conduct transactions.”
Barron said lightly.
He understands that after joining the WTO, China's initial integration with the international market was actually a little confusing. Certain tuition fees must be paid, even if West African mining companies can sell iron ore to them at lower prices. But their current iron ore mining scale is limited. Considering China's increasingly exaggerated steel production, it can only be regarded as a drop in the bucket.
If this is the case, they still inevitably need to purchase raw materials from the three iron ore giants BHP Billiton, Rio Tinto and Vale. If this is the case, then there is no need for West African mining companies to be among the suppliers. Go be this evil person.
And after all, they have now become the largest single shareholder of Rio Tinto, so Rio Tinto can make more money, and a considerable part of the profits also belong to the West African Mining Company, so why bother with money. For example, West African Mining Company has become a major shareholder of Rio Tinto, which has an additional benefit for Barron.
That is, under the condition that the quotations are similar, the Peninsula Oriental Group he just acquired can rely on this relationship to obtain a considerable part of Rio Tinto Group's shipping orders.
...
Before Barron left Melbourne for Grace Lavender Manor, he received Julia Moore who came here.
Yulia came to Australia with a job. There is currently no suitable land acquisition in England. When she comes to Australia, she will help Barron build the Devonshire Family Trust. The fund purchases some pastures in Australia and New Zealand, which will be owned by Devonshire Ecological Agriculture Company to provide high-quality meat and dairy products for their Duke's Select supermarkets and Argos retail group.
“I will come with you, Yulia.”
After hearing the conversation between Yulia and Barron, Catherine took the initiative and said to her:
"I think the environment here is good, and I plan to learn more about the pasture here. It would also be good to buy a pasture and vacation here during the winter in London."
Katherine Neville Now She is also a rich woman with assets worth hundreds of millions. One thing she has no doubt about is that she will definitely not suffer a loss if she invests with His Highness the Duke, Barron. Just like her current wealth, much of it is in Barron. Under the opinions, it can be expanded.
"Then let me come too, just to relax."
Seeing Catherine say this, Tamaran Ecclestone also became interested.
The past few days of getting along have made her relationship with Catherine even closer.
Knowing that Barron was about to go to Grace Lavender Manor to stay with Bonnie and the others for a while, in order to avoid boredom, Tamaran also planned to follow Catherine and Yulia to see those pastures, just like she said, too It's a bit of a break.
After all, Barron has arranged enough entourage to take care of them, so there is nothing to worry about whether it is safety or life.
"That's not bad. It just so happens that you don't have to be in a hurry. Yulia, just think of it as taking Ravi with you."
Brother and sister from Palestine, Lamy Now that I have joined the DS Group, I have invested a lot of energy into During this operation against the Rothschild family...
When she came to Australia this time, Julia Moore brought her sister Ravi, who was on vacation, with her. After hearing Barron’s words, She agreed very much and took this opportunity to show the little girl more.
It can be seen that Yulia is still very good to Ravi, and the relationship between the two is like a mother and daughter.
When she was adopted by the Devonshire Charitable Foundation, her sister Ravi was just ten years old, and this year she is about to turn 15. She already looks slim and tall, standing on the same level as Yulia. Together, they are like sisters.
Of course, Yulia is of Russian origin, relatively speaking, her figure is more slender and plump, while Ravi is of Arab origin, with a delicate face, and it can be seen that she must be a beautiful woman.
(End of this chapter)