Chapter 360 (1/2)

After more than an hour of bargaining and negotiation of trade details, the contract was finally settled.

Iron ore: US $52.20/t, imported 100000 tons per month, totaling US $5.22 million. (tax included)

bauxite: 80 US dollars / ton, 200000 tons per month, a total of 16 million US dollars.

The total amount of the transaction is US $21.22 million, which is transported from Darwin port to ANGA port on the 1st of each month for five years.

Although there is no deep-water port on ANGA island for the time being, Jiangchen has invested in the construction and is expected to complete two berths before the 1st of next month. The population base of ANGA island is relatively high, and it is far away from the other eight islands. Therefore, it is very suitable to transform it into an industrial Island dominated by manufacturing industry. Therefore, it is necessary to build a deep-water port with moderate throughput.

In the afternoon, he signed a large bill with monthly revenue of more than ten million US dollars for the company, and Oliver was naturally elated. After talking about the contract, Jiang Chen did not leave immediately. Instead, he talked about the mining industry with him.

For Jiang Chen's questions, Oliver also knows everything. For example, in 16 years, iron ore trading volume was low, and rare earth prices were low. He also told Jiang Chen. In fact, these information can be obtained only by looking it up on the Internet, so there is no secret.

”May I venture to ask? As far as I know, your company's main business is in the field of Internet. Why do you need to buy a lot of iron ore? ” Asked Oliver.

”Do you have a good idea about the use of the buyer's minerals?” Jiang Chen joked.

”It's just that I'm curious. Of course, if it's not convenient. This issue does not affect our cooperation. ” Oliver saw Jiang Chen did not intend to answer, so he laughed and apologized for his abruptness.

”I'm sorry, this question is a trade secret, I can't answer you... To express my apology. Please allow me to invite you to dinner Jiang Chen said.

”Ha ha, I'd love to. I know there's a good restaurant in Melbourne. How about making my car...” Oliver accepted Jiang Chen's invitation.

It was also time to leave work, and they left the company at a Brazilian barbecue shop near Melbourne.

From the facade. This barbecue shop is no different from the snacks on the street of Huaguo. The semi open storefront is obviously not a Brazilian shopkeeper. He roasts the burnt yellow meat slices on the charcoal stove and uses the greasy aroma to hook up the tourists who pass by.

I sat in front of the bar like table, and before long, the plate was brought to them.

Two bottles of iced beer and four plates of barbecue made Jiang Chen enjoy himself.

”Is the outlook for mining bad now?”

”Not bad. But I'm afraid it's going to get worse. ” Speaking of work, Oliver sighed.

”Because of the economic situation?” Jiang Chen asked casually.

”The underlying reason is economic demand.” Oliver took a sip of his beer and let out a good breath, as if he had vomited the melancholy in his chest.

”Can you speak more carefully?” Holding the kebab, Jiang Chen asked with a smile.

He is still interested in mining.

”For example. You need about 30 tons of steel to build a 5000 square meter building. The potential demand for 30 tons of steel will be reduced once the house is built. It's not just houses, everything from cars to screws. Then the steel mills cut production, and so did the mines. That's how the economy ended. ” With that, Oliver chuckled.

Although Jiang Chen didn't understand what was interesting about it.

”Is it all right to tell me about these things?”

”No problem. It's off time. ” Oliver waved his hand and said, conceited. ”And even if the company is going to lay off employees, it won't be my turn.”

”In other words, the overall trend of iron ore prices is downward?”

”That's right. In 2008, it will be $2.1 per ton. Now, 0.95 is good. ”

”According to you, the mining industry is hopeless.” Jiang Chen laughs.

”Not necessarily, unless there is a technological breakthrough.” Oliver shook the glass of beer.

”Technological breakthroughs?” Jiang Chen frowned slightly.

”That's right, unless there's a big technological change, like everyone throwing away their cars. It's just like 1765 when everyone threw away the handmade spinning machine and 1885 when people threw away the steam engine. Well, I really envy you. ”

”There are many people who envy me.”

”I'm not talking about money, I'm talking about your industry. Don't you think it industry is the most likely area for technological breakthroughs? ” Oliver wiped a bunch of barbecue and said with a smile.