Dig copper mines. There are large copper mines here. They cannot be released until their country and their families have collected enough money to buy their freedom. As for the local natives, those who invade the people of the Ming Dynasty will be dealt with according to the laws of the Ming Dynasty."

There are eleven large copper mines in the Philippines. The largest copper mine has an ore reserve of about 2.2 billion tons and a metal reserve of no less than 12 million tons. Added together, the metal reserves are no less than 40 million tons. These minerals

Yang Fan has distribution maps.

The Philippines is close to the Ming Dynasty, and the Ming Dynasty was seriously short of copper. Therefore, there were not enough copper coins. The currency used by the people at the bottom was mainly copper coins. The lack of copper coins led to the price of silver being too high. And in recent years, silver has become increasingly scarce. As a result, commodity transactions at the bottom have been affected.

Serious impact.

Although Yang Fan is experimenting with banknotes, the scope is too small. He is also using the transferred silver to pay his troops and workers, increase purchasing power, and increase the amount of silver in circulation. He is trying to curb further deflation. However, after all, it is a drop in the bucket.

The gentry of the Ming Dynasty were like a bottomless pit, plundering and plundering, collecting silver into their hands, and then hoarding it. Yang Fan's method could only slow down the deterioration. If he wanted to completely solve the problem, he had to find a way to increase the flow of silver and copper metal into the Ming Dynasty.

The greatest value of the Philippines is that it is close and convenient for shipping. It also has large-scale high-grade copper mines. Yang Fan wanted to punish the Spanish on the one hand, but the temptation of the copper mines was a more important reason.

Although Baotou, that is, Jiuyuan City, has fallen into the hands of Yang Fan, 100 kilometers due north of Baotou is the Bayan Obo mining area, and more than 100 kilometers further north is the Oyu Tolgoi copper mine in Outer Mongolia.

Judging from the map, the Oyu Tolgoi copper mine is located in Khanbauged County, South Gobi Province, Mongolia. It is one of the largest gold and copper reserves in the world and is only more than 80 kilometers away from the China-Mongolia border.

According to relevant data, this giant copper mine has preliminary proven copper reserves of 31.1 million tons and gold reserves of 1,328 tons.

Outer Mongolia has 2 billion tons of copper ore reserves, but they are inexplicably unfriendly to us. Not only do they not sell to us, they also do not allow the copper ore products developed in Mongolia by other countries to be sold to China. Only in 2022. In 2016, my country's import volume of copper ore and copper concentrate reached 25.27 million tons, and its dependence on foreign imports was as high as 82%!

Even if the Ming Dynasty cannot use up the copper produced by Yang Fan, it can be sent to the Horn of Africa and exported back to China. There will be no worries about sales. However, there is no water in Bayan Obo and Outer Mongolia. In this era, it is impossible to mine without water.
Chapter completed!