Chapter 511 Overseas Resources Need to Be Plundered

Chapter 511 of Fortune Chapter 511: It is necessary to plunder overseas resources

Indonesia is rich in mineral resources. The main minerals include oil, natural gas, tin, copper, gold and silver. Among them, the resources that concern Fan Wubing the most are oil, natural gas, gold and copper.

Indonesia's gold reserves are more than 3,000 tons. , at the forefront of the world. Most of them are epithermal gold deposits related to Tertiary volcanic rocks. Gold mines are found on almost all islands.

The Grasberg copper-gold mine in Papua Province is Indonesia's largest gold mine. This is the largest published gold reserve mine in the world. Copper and nickel are also some of the most important projects in the future strategic metal mineral resources. It is no less attractive to diseases than oil and natural gas.

This time Fan Wubing has such a good opportunity to blackmail the Habibie government. Of course it's a good blackmail. After all, I lent him tens of billions of dollars in financial aid. It's possible to go back without getting something good.

Actually in Indonesia. Except for Chinese businessmen. There is also a very powerful force. It's a Japanese businessman. This time it was because of riots. Many Japanese businessmen have withdrawn. This just left Fan Wubing with a gap. It's natural to accept the empty projects left after they leave. Penetrate all your efforts into Indonesia

Originally, Japanese chaebols like Mitsui had many long-term investment projects in Southeast Asia. Especially in key projects such as mineral resources. Their ambitions are even greater. Possession** more. But due to the impact of this financial crisis. Japan's domestic economy has also been hit hard. Therefore, the pace of Japanese chaebols in plundering overseas mineral resources has slowly stopped.

The investment direction of Japanese consortium companies has always been long-term and forward-looking. Once the economy experiences major fluctuations, short-term gains will be lost. despite this. Japanese financial institutions are still keeping an eye on global business opportunities. Make careful preparations for long-term goals.

Fan Wubing noticed. Mitsui & Co., Ltd. and other Japanese general trading companies have experienced low prices for mineral resources during the global economic downturn. Quietly acquiring overseas oil, natural gas, coal, metal minerals and other upstream resources. Furthermore, we hope to achieve the goal of controlling business opportunities and the lifeblood of domestic and foreign manufacturing production.

And with this. Sinochem. Several Chinese foreign trade companies such as Grain, Mining and Minerals that originally had the ability to expand overseas have lost financial support and have no financial capital support. Requires corporate governance based on Western corporate models. Shifted to physical operations. A good opportunity to expand the territory was missed. It has also created an embarrassing situation in which China’s raw material imports will be controlled by others in the future.

in China. Mineral resources and finance are definitely two separate fields. However, Japanese general trading companies closely link mineral resources and finance.

In fact. Mitsui & Co. is not a single trading company. At its heart it is a financial company. General trading companies have always been known as second banks. The top ten shareholders of Mitsui & Co. are all world-class financial institutions, including Sumitomo Mitsui Banking Corporation, Chuo Mitsui Trust and Mitsui Life Insurance.

At a time when the Chinese are rushing to buy gold to fight against the epidemic. Mitsui & Co., Ltd. - purchased oil, natural gas, coal, iron, copper, aluminum, etc. as real gold and silver.

But this time it was because of the political turmoil in Indonesia. The Japanese consortium has been greatly affected. In view of the inference that the situation in Indonesia may continue to deteriorate. The Japanese consortium decisively withdrew from Indonesia. This created a good opportunity for Fan Wubing. Not only can supporting Habibie’s government gain support from Indonesia’s political resources. It can also easily take over various mineral resource companies left by Japanese consortiums and become Indonesia's new national monopoly capital.

actually. The Habibie family is quite powerful in Indonesia, otherwise Suharto would not have taken a liking to him and adopted him as his son. Cultivate as a successor. But he had thought about it. Now Habibie has actually turned against himself.

Habibie now faces Fan disease. It’s also a bit difficult. After all, he lent Fan Wubing a large sum of money. Now if Indonesia's domestic economy wants to recover, it is impossible to do it without the participation of the Chinese. People in Indonesia are all lazy people. He is the kind of person who will only go to the streets to look for work unless there is nothing to eat at home. Therefore, it is impossible to expect them to engage in economic construction. At the critical moment, it is still Yihua.

And now the Chinese idol. It was Fan Wubing. Just call Fan's Investment Group. Indonesia's domestic economy will naturally develop. at this point. Habibie is very clear. So when Fan Wubing made a request for a mineral resource. Habibie had no objections.

Fan Wubing was not one to ask for high prices. For the more sensitive oil and gas. He didn't ask for more. Only a small share. Just a thought. The focus is still on copper and nickel and these gold sources. Especially copper mines. As well as the largest gold mine in Indonesia. Fan Wubing took a large proportion without hesitation. and used

equipment area for mining. Prepare to move all Indonesian copper mines and gold mines.

In fact. Fan Wubing is very dissatisfied with the waste of resources by Indonesians. Those pagodas are all gilded. If you peel it off and cast it into gold bars. I believe there will always be dozens of tons.

Fan Wubing has been staying in Fan Heng's office recently. Constantly directing his subordinates through phone calls and the Internet. Concentrate the development of Indonesian mineral resources. So much so that Fan Heng was outside of work. I always have to go over and see what my son is up to.

"What are you doing? Have you obtained so much information?" Fan Hengren asked Fan Wubing. "Now our group has become an independent research institute. It conducts analysis and research on the international economic situation and the behavior of major companies. This is an analysis report for the Japanese group." Fan Wubing is immersed in research. Hearing this he replied.

He is mainly studying now. This is the development of Mitsui & Co. in recent years.

Japan is resource poor. Mitsui & Co., a representative general trading company in Japan, relies almost entirely on imports. He is an excellent executor of Japan's resource war. In order to ensure the safe arrival of resources and energy on time. Mitsui & Co., Ltd. began to invest a large amount of capital technology and equipment in the Middle East, Indonesia, Australia, Latin America, China, etc. shortly after the war. Large-scale exploitation of resources and energy. Not only does it ensure domestic supply. There is still room for export to earn foreign exchange. therefore. The national policy of building a nation through trade is being promoted. Ensure the supply of energy resources, etc. Mitsui & Co., Ltd. has made a great contribution to Japan's development strategy.

In this period of rapid economic development. To provide a stable source of raw materials for the heavy chemical industry. Mitsui & Co., Ltd. has highly improved its raw material supply channels. Participate in copper mine development in Mexico, Chile, Canada, Australia and other countries. and independently conduct resource exploration. Recommend high-quality mineral resources to mining companies. and open together. Before the oil crisis of the 1970s. The supply side is decentralized through the supply of multiple energy sources such as coal, liquefied natural gas and pipeline natural gas. It also invests in energy development.

Buy mines from individually. After signing a long-term financing agreement to purchase the mine. Ultimately directly involved in the development of mineral resources. The recoverable reserves of natural gas and crude oil that Mitsui & Co. has the right to exploit have reached an astonishing scale.

"Little Japan is cunning. Although its character is not good, when it comes to certain strategic issues, it is indeed much stronger at home." Fan Wubing showed some information to his father Fan. Then he said. "The country has never been aware of these problems. It has not considered that in ten years' time, after the country's economy has developed rapidly, the demand for mineral resources will reach a very serious step."

"Is it that serious?" Heng looked at the information compiled by Wu Bing. He asked with a frown.

"It's more serious than this." Fan Wubing pointed out without hesitation. "Some of our current domestic economic textbooks mainly learn from the development model of the United States. But there is a problem. The national conditions of the United States are different from China. The United States itself has a small population and many resources. China is just the opposite. In addition, there are millions of Americans Once you see the resources, you will plunder them. Can China do this? "

"You mean that the current economic policy direction is wrong?" Fan Heng asked in disbelief.

"Of course. Big mistake." Fan Wu replied. "China's situation is not much different than Japan's. Although the total resources are not bad, there are fewer people. Therefore, Japan's policy on mineral resources is very necessary for us to learn."

"I haven't heard you mention this to the higher-ups before, have you?" Fan Heng asked doubtfully.

Fan Wubing rolled his eyes at his father and said. "Do you think I'm stupid? Since the entire top management and the domestic economists are not aware of this, then why should I stand up and be that beautiful tree in the forest that the wind will destroy? I am told that a big tree attracts the wind. I still understand. Besides, I have a lot of spare money now, so I will naturally develop as many overseas mineral resources as possible by the time everyone realizes this problem."

Fan Heng scratched his head. You looked at Fan Wubing's pile of information depressedly. Then he said. "Speaking of hard work, you are much better than the economic experts inside. It is natural to make money. There is no effort. Where is the reward? Forget it. I don't care about these things. Now let's do my things well."

The domestic defense situation is getting more and more serious. Boss Zhu said. I will rush to Jiangnan Province early tomorrow morning. Together with Fan Heng, he went to inspect the embankment work on both sides of the Yangtze River.

The second update is delivered today