The Black Technology Chat Group of the Ten Thousand Realms

When Guangtu Mining confirmed Sheng Wenyan's decision and was willing to introduce Hongxin Capital, the people of Rio Tinto Mining Company in Nigeria, as far away as West Africa, were scolding them.

After the local land and resources department of Kaduna State recovered the mining rights of Guangtu Mining, it immediately sold it to the Australian Rio Tinto Mining Company.

The senior executives of Rio Tinto Mining Company represented by Joyce, after a short rejoicing revelry, found that things were not what they thought at all!

"This is a conspiracy!" Joyce, who always called himself an old-school British gentleman, was yelling in the mine at the moment, "These bastards, those Chinese, and those black people, they lied to us!"

"What goddamn iron ore, what goddamn ilmenite associated ore! This place has been dug up!"

"Look, what else did they leave us? No wonder that bastard Esmedala didn't let us explore again. It turned out to be a trap for us! I'm going to sue them, these liars!"

"Those black people are too treacherous. They took our money and deceived us! If it was passed to the company headquarters, our positions would not be guaranteed!" His colleagues also looked extremely ugly.

When they finally won the mining rights and re-explored the mine, they found that the mineral resources here are not as much as the data they obtained before!

About 70% of the rich mines have been dug up by the former Guangtu Mining Group! Left to them, there are only some low-quality ores, and deep mines that are very difficult to mine!

Rio Tinto Mining Group has been planning for so long, but it has become a pick-up man!

In fact, those people in the Nigerian Land and Resources Department have also discovered this situation. They already knew that they did not cheat Huaxia Enterprises, but they did not want to lose money, so they deliberately concealed the facts.

When Rio Tinto Mining sent people to investigate, their people gave wrong guidance and made a lot of promises.

As a result, Rio Tinto Mining took over the unfinished mine and made a loss-making business!

"I hope Satan will take all these bastards away!" Joyce cursed, and they certainly won't stop there. They must recover some costs from the Land and Resources Department.

But there is an unquestionable fact that this is Nigeria, the territory of others. Even if the British capitalists have a big face, this loss is a sure thing.

And the remaining minerals, they can only dig clean to reduce losses.

...

Rio Tinto Mining Company and the Nigerian Ministry of Land and Resources have been tossing for a long time, each with losses, but Guangtu Mining, which has withdrawn from Nigeria, has not been affected.

Instead, they have reached a formal cooperation with Hongxin Group. Hongxin Group has already held 5% of the shares of Guangtu Mining, becoming one of the major shareholders with a seat!

Guangtu Mining has intensified its efforts, continued to develop the African market, and provided a stable supply of raw materials to the industrial system of Hongxin Group.

But the battle between mining groups has just begun!

"Last month, the international price of ilmenite ore dropped by 18.3%, and the value of the ilmenite ore we excavated in China and Nigeria has shrunk significantly!" said Sheng Wenyan within Guangtu Mining Group. The assistant is reporting the situation to him.

"In the international market, the price of titanium-related high-titanium slag is also rising. The prices of ore and metal raw materials have fluctuated. In the major mines we own, the export prices of raw materials have dropped significantly, and the import prices of metals have risen significantly..."

"In these countries in Africa, our mining operation rights cannot be approved."

The assistant reported a series of situations, which gave Sheng Wenyan a headache. Sure enough, Guangtu Mining wants to become a world mining giant, but the problems it faces are still huge!

For example, the market price of raw materials is controlled by mining giants such as Rio Tinto. They have rich mineral resources and advanced metal smelting technology, and they control the raw material market, which can greatly shrink the profits of Guangtu Mining Group when it rises and falls.

"Iron, copper and other minerals have little impact. my country is also a country rich in mineral resources. These raw materials can face the impact of the international market, but our ilmenite ore is a bit difficult to sell." Sheng Wenyan pondered, as With the development of the titanium industry, the value of titanium metal has been rising, and Guangtu Mining has accumulated a lot of ilmenite.

If ilmenite prices fall, they are bound to be unaffected.

"Mr. Sheng, the price of ilmenite raw materials has dropped, but the price of ilmenite concentrate and high-titanium slag has risen instead." The assistant reminded.

Titanium concentrate is an ore with high titanium content extracted from ilmenite or titanomagnetite, which is used to make high-titanium slag, titanium dioxide, acid slag, sponge titanium and other industrial raw materials.

High-titanium slag is a titanium ore enrichment formed by physical production methods of titanium-containing ores, and is a high-quality raw material for the production of titanium tetrachloride, titanium dioxide and sponge titanium products.

With the development of modern industrial technology, the demand for titanium industrial raw materials is also increasing, so the price of titanium concentrate and high titanium slag is also rising.

"If we can refine our ilmenite into high-titanium slag, we will definitely be able to make a lot of money. Unfortunately, we don't have this process, so we still have to sell the ore abroad and import the high-titanium slag." Sheng Wenyan said helplessly.

Raw materials and processed materials, naturally, it is the processing materials to make money. But without that processing technology, they could only be in a hurry.

"Mr. Sheng, why don't you go to Hongxin Group, in case they have a solution?" At this moment, Xin Zhe walked into Sheng Wenyan's office, and he also came because of the fall in the price of ilmenite ore.

"This is in terms of raw material processing. Hongxin Group is engaged in Internet technology and mechanical equipment, and it can't help us in this regard." Sheng Wenyan said.

Xin Zhe shook his head and said: "Not to mention the large amount of ilmenite we mine in Nigeria, our group owns several ilmenite mines in China. The price of ilmenite ore has fallen, and we are the ones who suffer the most."

"The international demand for high-titanium slag has been rising. The high-titanium slag extracted by our own processing plant is limited by the electric furnace technology, and the accuracy has not been improved. The equipment research and development technology of Hongxin Group is very strong. If they can help We make a better electric furnace, maybe we can solve it? In short, such a good resource is not used, it is too wasteful.”

"That's right, let a dead horse be a living horse doctor. We still have to find a way by ourselves. At present, we will reduce the mining and sales of ilmenite ore and wait for the price to stabilize." Sheng Wenyan didn't hold much hope for this, ore processing It is not a smart technology, and the Hongxin Group is estimated to have no way in this regard. But it's always good to ask, and in case it can help in some way, it can also recover some losses.