Chapter 508 - Mutually Satisfactory Agreement (1/2)

Chapter 508: Mutually Satisfactory Agreement

Translator: _Min_ Editor: Caron_

“Because of the breakthrough youfield, the futures of iron, copper, gold, and molybdenum have accelerated their deiants have spent quite so the problem is on you”

Howh in the area, investors’ expectations for deep waterwould, without a doubt, heat up How many resources were there available in the sea? Aside fro reserve map, no one knew

And investors theine

Luke suessed correctly, Future Mining’s costs for deepwater h, and the production is sizable”

Luke’s expression clearly showed he wasn’t clueless There was no purpose in covering things up, so Jiang Chen didn’t try to hide the truth

“You guessed correctly”

Labor costs only included the salary of the employees on the sea platforenerator, ible The only equip the ratio between crystals and modern world currency, he couldn’t calculate the cost of equip – the costs of deep waterappeared

“The world’s iron, aluminum, and copper geration, if the price of iron continues its doard trend, by end of the year, 47companies will face the risk of bankruptcy In the short tererous for us in the long ter a step back”

“So what do you propose?” Jiang Chen was quite intrigued as he looked at the s Luke

“If I remember correctly, you can influence the political decisions of the Xin government We want you to influence the presidential office’s decision and increase theresources,” Luke said in a quiet voice

To Jiang Chen’s surprise, he previously thought Luke wanted to purchase Future Mining’s technology, but he didn’t even mention this and only offered a proposal that didn’t really affect Future Mining

“Li’s access to the international ain from this?”

“We obviously won’tto provide you contracts for iron, aluminum, copper and other metals effective within five years at 80 of the currentstep backward A discount of 20thefor free for Future Group for the next five years in exchange for slowing down Future Group’s low-cost ores fro international markets

“Use the power of capital to slon the introduction of new technologies?” Jiang Chen’s words seeested

“You could interpret that as paying enough co the introduction of technology to the world In a y isn’t beneficial to the market,” Luke said with sternness

Luke was clear with BHP’s stance on this

For an international h to think they would use market competition to solve the proble resources in multiple nations around the world, their political investments certainly couldn’t be underestiht it up was because they wanted to avoid a direct conflict with Future Group Since Future Group was no longer a small fish in the sea, its core focus was in space tech and not in resource extraction, so both sides could avoid unnecessary conflict

On the other hand, BHP wasn’t the only coestcompany in the world It would be hard to say this encounter had nothing to do with Carhed the pros and cons of the proposal

If possible, Jiang Chen wanted to avoid a direct conflict with the y’s business expansion required a stable environment It was unwise to create enemies for himself

Especially since excessive resources were only relative to the current situation Although the theme of the proposal required both parties to take a step back, it would be hard to deterained and who actually lost…