Chapter 520: Shocking investment

Tu'ao is a very interesting place with abundant resources and sparse population. Not to mention any industrial projects, people here are not even interested in mining.
Tuao is rich in mineral resources, but its location is awkward. To put it bluntly, if it is not that the development of the foot basin and Asia is faster than expected, the minerals here are useless.
Of course, William White's investment in Tu'ao is not a fancy thing in the footbath. To put it bluntly, the bubble economy burst, and the iron and steel industry in the basin was basically finished.
The foot basin is not expected, but the great development of the heavens has not yet begun. What we can see now is very limited.
It is pitiful to say, the big rabbit always said that he is not short of anything, in fact, this statement is wrong. Let's just say iron ore is good. The most important thing in Tu'ao is high-grade iron ore. There are not many rabbits.
Someone said, right, isn't that Anshan a lot? There are not many similar places.
Haha, not to mention the difficulty of that wonderful mining, you must know that more than 50% of the big rabbit tube is called rich iron mine, and the standard here in Tu'ao is more than 65%.
Don't underestimate this 15%, the profit of steel mills has always been single digits. Before 2000, Tianchao was generally self-sufficient. After that, I am afraid that the world will need to buy mines.
"What, invest in minerals? Tu'ao seems to have no oil."
"Boss, he casts everything, gold, diamonds and copper mines. The most important thing is iron mines. The circle takes up a lot of land anyway."
"Huh, this is a hammer and a hammer, what is he planning to invest in?"
"Boss, not counting bank loans, his investment in this period has exceeded $20 billion."
"So much? It seems that he decided to invest in industry. But iron ore? Is this thing so cheap? Is it interesting?"
William White does not know the sullenness of others, and if he knows, he will sneer. You know an eggplant. The transportation conditions here are much better than in Brazil.
Well, if these iron ores need to be shipped to the United States, this is really not cost-effective. In fact, the United States does not need any iron ore. The mining area of ​​the Great Lakes is basically the largest iron ore mine in the world.
Therefore, the art industry has specialization, and what your Damo is best at is malicious acquisition. For other things, you should save some effort.
William White made money in the footbath, which is something the world knows. It is very strange that the pedicure people do not hate this guy, but have some teeth on Goldman Sachs and Da Mo.
Today, this guy's crazy investment is no worse than the previous two years. Some people say that feng shui turns, some people disagree.
The footbaths take turns, William White is not. In the past few years, when did he spend his money softly? This time, it was only slightly exaggerated.
"Boss, we have bought a few places you like. Is it right to set up a prospecting team now?"
"Well, yes, it doesn't need to be too large. We don't have experience in this area. Let the headhunter provide information. We need a good CEO."
"Okay, boss. This time there was a lot of movement, and many mining companies expressed dissatisfaction."
"Dissatisfaction, the joke, isn't it Bihaibi and Billyton? Staring at their stocks, if the opportunity is right, you can short a wave. By the way, ask Morgan Stanley, if you are sure of the overall acquisition."
"Okay, let me ask, hehe, I guess they will be terrified."
"This is the world of capital. Whoever has more money is the uncle. It is now clear that I have more money than them."
Philson was pretty sure that the boss was going to be disgusting. Of course, if possible, the boss will not mind picking up cheap.
Philson didn't know what the two were, and William White was very clear. Isn't this the later BHP Billiton? It's just that they aren't very good now.
The price of iron ore is very low today, although these two are also talking about resource giants. The thing most in hand is indeed iron ore.
William White took it for granted and immediately suffocated the two Turkish companies. Well, half of it is scared. They just instinctively exclude overseas capital, but just did not expect that this American cowboy is so powerful.
What they didn't know was that William White really didn't talk casually. The price of iron ore today is basically at the lowest point in history. Like oil companies, acquisitions must be the most cost-effective now.
Of course, acquiring a company of this size is certainly not a trivial matter. Without one or two years of tug of war, it is simply a dream.
Even if others agree, it still needs to be approved by the Tuao government. After a lot of procedures, it is really very troublesome.
The richest man is going to be unreasonable. For a while, several larger companies have become quails, especially Rio Tinto.
Everyone is playing with resources. Of course they saw that something was wrong. Bihaibi and Billiton's eyebrows came and went. It was not another day or two. In order to compete against Rio Tinto, the two are intended to be one.
Okay, now this nasty cowboy appears. Directly intending to take away the two in-laws together, this is unreasonable, it may be the US emperor.
Rio Tinto is now worried that if this product is still dissatisfied. It's hard to resist here.
funds?
They believe that for others, this may be a problem. For William White, no bank will refuse his loan request.
To put it bluntly, when these three are packaged and taken away, they may not necessarily use high-leveraged acquisitions. The biggest possibility is the privatization and delisting. After the integration is completed, it will be repackaged and listed.
"Fat trough, this merger, are you sure it's a joke?" After hearing this news, the boss of Morgan Stanley couldn't help but swear.
"Boss, it should be a temporary intention. His think tank has just started to contact major banks."
"Huh, is this money burned out? He should have more than that?"
"Cough, boss, he has two hundred tons of gold spot in London. Using this gold as collateral, he can get a lot of loans."
"This lunatic."
"Boss, can we recommend the mining company of the Great Lakes to him."
"Oh, you can give it a try, I hope it's not very big. Mainly stare at the two Tuao companies. It's not good, can't you still consider Rio Tinto? Give it to us to buy it, and he didn't plan to talk about it."
"Huh, just ironically, he planned to buy it. I think Rockefeller should be very happy."
What the outside world thinks, William White does not care. As for whether it's a matter of impulse, huh, huh, understand this thing yourself.
No matter how bad the iron ore is, this kind of acquisition is also close to tens of billions. If you add Rio Tinto, it's over ten billion.
Investments of this scale may be used with enthusiasm there. However, he was not in a hurry. It takes at least five or six years to leave iron ore and take off. Wait slowly.
Regardless of the truth, no one dared to talk. You said he didn't understand extractive industries, and people admitted. Since you are so powerful, I will include you.
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