Wealth

Australia's iron ore is mainly distributed in Western Australia. "Dad Fan Heng said, "But with all due respect, if it is mining, Jiangnan Province has to invest a lot of money. "

Every state in Australia has iron ore, and the state with the most iron ore is Western Australia.

Western Australia owns more than 90% of Australia's existing iron ore resources, mainly in the Pilbara area. There are 13 mines in the area, six of which are operated by Rio Tinto’s subsidiary Hamersley in Western Australia, two belong to Robe Creek, and five are operated by Broken Hill, the so-called BHP Billiton. In addition, there are iron ore mines near Cooley Yangnabin and White Cockatoo Island in Western Australia.

Near Port Hedland in Western Australia, BHP Billiton owns an iron refinery.

The occurrence of iron ore in Western Australia was also a very accidental and legendary event that year.

In October 1952, the 43-year-old Rankuk was flying a small single-engine auster plane. Together with his wife Hobb, he planned to fly to Perth, Western Australia. He is a small farmer in Western Australia and an experienced pilot. For his family ranch business, he must often fly in this sky.

Over the Hammersley Mountains, thick cumulonimbus clouds suddenly outflanked the small plane from all sides. The dark clouds ahead were so high that the small plane could not pass over it, and the thick dark clouds also cut off their return route.

This is a once-in-a-lifetime contest. The only way out is to go down and fly under the clouds. But the clouds were getting lower and lower, and Hancock flew into the huge canyon almost touching the ground. He is very familiar with this area. The deep part of the gorge is the rushing Turner River, which is a natural pilot route.

This is a wild land that Australian whites have never set foot on. In the heavy rain, Hancock flew the plane cautiously, almost flying close to the top of the tree. At this moment of crisis, Hancock suddenly saw the torrential rain washed away, and the walls on both sides of the gorge still showed a red luster. This is a special red, almost brown and rust-like. Hancock, who was familiar with the mineral deposits, immediately realized that these are the exposed iron ore now flying in a canyon that is really made of copper and iron walls!

This now makes him extremely excited. It seems that God has deliberately chosen a special moment to send a heavy gift to Haiyan in the storm. What Hancock saw was the iron ore with the largest reserves that has been found on earth so far.

When Cook was fighting the storm. The mining of high-grade iron ore in the Messabil Mountains of Minnesota, USA, has been exhausted. This big iron ore. It is one to 1.5 kilometers wide. It is 150 meters thick and 180 kilometers long. The iron content in the ore is over 70%, so no treatment is required before smelting. You can enter the furnace directly. And it's not far away. It is the anthracite coal mine in Pennsylvania that provides sufficient energy for smelting.

Meineng became truly "Mesabi" (Indian word "giant"). It is the Messabi iron ore foundry.

This disastrous news. This caused the West to panic.

At that time, the Australian government was very determined on the issue of iron ore. It is clearly stated that the Australian subway mine will never allow the export of a shred of it!

Such a strong sense of self-protection. Comes from Australia with a strong iron deficiency. Experts and politicians firmly believe. Iron ore is a scarce resource in Australia. Therefore, it must be completely used in domestic construction. Never export.

After Hancock discovered the iron ore. Then began the preparatory work with perseverance. He walked along the veins. At least carefully surveyed the exploration of more than 100 kilometers of land. And he extracted specimens of earth ore. After repeated inspections. Its purity is even higher than the smelting standards in the United States. This means that the subway ore here can be directly sent to the smelting furnace to become steel!

But he was quickly disappointed. The politicians in Perth and Canberra did not believe that a farmer from the jungle with only a high school degree could actually find high-grade iron ore in barren Australia where the expert had been sentenced to death.

At that time, Hancock had to obtain the current concession granted by the government. Before that, his current status could not even be told to any mining people, otherwise it would be difficult to protect his own rights and interests. The problem is that the government not only did not believe that he had found high-quality iron ore, but according to the laws at the time, both the Australian federal and Western Australian governments strictly prohibited the mining of new iron ore, in order to realize the government’s "imminent depletion" Tight control of iron ore resources. It is very difficult for Hancock to obtain the current concession.

Fortunately, Hancock is not only a persistent man, but also a wealthy man. He not only supported all exploration at his own expense, but also made a lot of investment in parliamentary lobbying. Not only did Hancock know the bitterness of dealing with the bureaucracy, but even later members of Congress, on various occasions to commemorate Hancock, criticized the incompetence of the government at that time as one of the repertoires.

Eight years later, the federal government officially confirmed Hancock as the privilege of the current Pilbara region. However, the funds required for an iron ore with a radius of hundreds of kilometers cannot be afforded by a farmer, or even by a small Australian economy.

After numerous bumps and blindfolds, Hancock finally turned around. Sir Dulcan, the mining giant Rio Tinto Group, is pro-boarding at its London headquarters, so you can give it a try.

What is fascinating is that Hancock persuaded them. He only needs the royalties. If there are really no mineral deposits, Rio Tinto will lose nothing.

After Hancock took them to the site many times, Rio Tinto finally made up his mind. Rio Tinto negotiated with Hancock on the condition that Hancock and his relatives completely withdraw from mining in this area. In return and compensation, Rio Tinto will give Hancock 2% of the annual mineral sales. Five as royalties. This payment, in the year of mining, reached a huge amount of 25 million Australian dollars.

In hindsight, this was a win-win agreement. Hancock does not need to make any investment in the development, and can enjoy high franchise fees every year. Rio Tinto ensures that he has complete control over the development projects. Years later, some of my colleagues joked with Sir Dukan, "You are so stupid. We would not do that if we paid Hancock such a high royalty fee."

Sir Dukan immediately retorted, "So you don't have a big iron ore like ours!"

Hancock’s wealth is justified in the eyes of Australians. After all, he has made irreplaceable achievements for Australia in taking off the title of poor iron ore households. In a very difficult political environment, he used himself and his relatives and friends to conduct dual geological and political exploration at his own expense.

Hancock’s flight records show that he spent more than 7,000 flying hours for exploration. From the eyes of Australians, he is not just a lucky wealth hero, but also a persistent national pioneer.

Hancock’s present has achieved power, BHP Billiton, and Australia’s iron ore producers. However, from this point of view, Western Australia’s mining areas have basically been divided up. Rio Tinto and BHP Billiton are two giants. Essentially, it is the overlord of Australian iron ore.

How easy is it to open a new district? The cost is actually not high just to purchase the mining rights, but the funds needed to build the railways for transportation in the mining area and the ports to the sea are a very large expenditure.

"We can invest hundreds of millions of dollars in Australia to build mines. From a long-term benefit point of view, it is worthwhile." Fan Heng said to his son.

"Our Jiangnan Province is very determined!" Upon hearing Fan Heng's words, Boss Zhu and other members of the Standing Committee were immediately very interested.

So it will arouse their concern. It's nothing more than the fact that the country is currently pulling investment and construction. Why does the Jiangnan Provincial Cocktail Party think of going abroad for investment in a unique way? This is obviously not in line with the current situation.

"Three dollars at most can only buy small mines. If you want to have a big exhibition, it is far from enough." After listening to Fan Heng's description, Fan Wubing said something that shocked everyone. , "If you want to deal with Australian iron ore, it is absolutely useless without ten billion dollars!"

"You two, father and son, are not taking money as money!" A member of the Standing Committee sighed with a smile and shook his head.

How much can 300 million U.S. dollars do in China?

For the restructuring of large state-owned enterprises like the Jiangnan Wool Spinning Factory, 200 million is enough, and 300 million US dollars can support more than a dozen of these large state-owned enterprises from the crisis to a stable development direction.

And if a dozen large state-owned enterprises are to be supported to stand up again, basically, the economy of a province can be made smaller. At least at the end of the year, the economic statistics will be much better, let alone a hundred. What is the concept of billion dollars?

Fan Heng solemnly said, "Be prepared for danger in times of peace. The domestic iron ore is of poor taste, high prices, and limited reserves. Considering that in the next ten or several decades, China will embark on the road of rapid development. The demand is actually increasing~www.wuxiamtl.com~ The supply of iron ore will also increase a lot. Based on this consideration, we believe that it is necessary to develop minerals overseas in a timely manner. In fact, if you open a mine in Australia Success, the cost we saved on iron ore can account for more than one-half of the current iron ore purchase cost, and the taste of iron ore is very high and it is easy to smelt."

After listening to Fan Heng’s words, Boss Zhu said, “Well, we didn’t think about this kind of thing before. Now that Comrade Fan Heng brought it up, it’s necessary to discuss it. After all, this idea, although it seems a bit old, We must also consider that some resources will become less and less reserves due to over-exploitation. Steel is the backbone of a country. We should be forward-looking on this issue and look at the problem from a strategic perspective."

During the meal, everyone nodded in agreement and expressed that it is necessary. Although the formulation of steel as the key link is not necessarily correct, the iron and steel industry is a topic that cannot be avoided in order to become a powerful country.

*********Today’s first update, there is a topic reviewing the year-end inventory on the page. You can check it out. The annual selection and the annual selection of works have nominations for the coyote and the wealth. If you have the ability, you can go and support it, thank you. It is said that these two top ten will be eligible for next year's annual meeting, which means that once the little wolf is selected for one of them, at the annual meeting, everyone can see what little wolf looks like, haha. ************