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Chapter 405: Japan's Global Resource Layout

If the writing style based on his future control of Japan's resources, it tells the world that Japan had already begun to deploy various resources around the world many years ago, turning from a small country with no resources to a small country that can use resource weapons to snipe China, thereby indirectly controlling the Chinese economy, even kidnapping China's local economy, and even affecting the direction and route of China's economic development in the future, it may be difficult for the Chinese people to accept it.

However, if the writing style tells the world that for a long time, it may be the most national giant in the minds of Chinese people. The steel company that seems to be a state-owned enterprise has provided technology and equipment by Japan's Mitsui Products since its establishment. Until now until the next 2013, Mitsui played a decisive role in China's first-class steel company, which may be even more difficult for Chinese people to accept.

However, this is exactly the case.

Thirty years later, Wen Feng knew that it was the company that looked very proud of our country, which was actually raising the price of steel under the astonishing steel inventory, because at that time, Chinese real estate was like tea, and raising prices at the source was conducive to damaging China's economy and enlarging the bubble of China's economy. I hope that China will be heavier when it falls.

And who will the ultimate benefit recipient?

I don’t know too much about my writing style, but at least he knows that the major companies that tightly clamp down on China’s iron ore sources are actually considered hostile enterprises in China.

Among these companies, the Japanese Mitsui Consortium has all the influence. It not only owns 49% of the shares of China, a giant steel company that looks very "national". It also controls the Vale in Brazil, controls the Nippon Steel, South Korea controls Pohang, and India controls the Tata. Therefore, the first person to gain the benefits of huge price increases every year is the Nippon Steel.

Of course, what seems to be directly beneficial is that the main production areas of iron ore are Australia, Brazil, Canada, Chile and even India. But don’t forget that the Japanese consortium directly or indirectly owns the rights and interests of a large number of local iron ore companies. Although most of Japan’s resources rely on imports, they have already controlled the resources at the source.

So they not only did not get any losses, but actually got a lot of benefits, and even to put it bluntly, because of the existence of Chinese steel companies, all the resources they received in China are actually paying for.

Looking at the 30 years of history in later generations, in 2005, 68.2% of the global trade in 660 million tons of sea-freight iron ore flowed to Asia, of which 275 million tons of iron ore were imported by Chinese steel companies, accounting for about 43% of the global trade in iron ore. As the world's largest importer of iron ore and steel producer, China is passive in annual price negotiations. Japan is almost unaffected by the price increase of iron ore. It has even become a beneficiary of the price increase of iron ore.

Of course, what is even more tragic is that Wen Feng can never figure it out. The reason why Mitsui gets such a benefit is that although he only has 49% of the shares in the steel company that looks very "national" in China, the chairman of this steel company has always been appointed by Mitsui until more than thirty years later.

In this process, all the steelmaking equipment of this steel company since its establishment were provided by Mitsui. The equipment provided clearly had already been ambushed, and even kidnapped all the steel companies in China, because once these equipment started to operate, 99% of the iron ore he needed must be imported!

On the official website of Mitsui Products, you can see such a clear narrative in the style of writing:

"Since the 1960s, Mitsui Co., Ltd. has actively participated in the investment and development of iron ore resources and has long been steadily supplying iron ore. In 2003, it acquired 15% of the shares of Valepar, the parent company of the world's largest iron ore producer and seller, Vale (formerly known as CVrd Vale), and has continued to expand its iron ore business in cooperation with Rio Tinto and BHP. Iron ore holding production based on Mitsui Co., Ltd.'s equity ratio has jumped to fourth place in the world, with an annual mining equity of more than 40 million tons."

In fact, if you look at this resource market in detail based on the future historical trend, Mitsui Products and Brazilian Vale have truly joined forces, which started in 2001 when Mitsui Products helped Vale successfully acquire Brazilian resource company CMM.

The Japanese have long felt a pain in the lack of resources, so they started to make arrangements a long time ago. The 1970s began, and between 1985 and 1995. As the appreciation of the Japanese dollar began Japan's overseas expansion, it actually accelerated their pace of controlling overseas resources.

Since the 1980s, Mitsui Products has owned 40% of the shares of CMM Company, and later bought 60% of the shares with voting rights from the grandson of CMM founder Frering, and completely acquired CMM.

Later, Mitsui Products sold half of its CMM shares to Vale, helping the latter successfully control CMM.

Since then, Mitsui Products continued to deepen its cooperation with Vale. The two parties signed a strategic alliance agreement in April 2002, officially expanding their cooperation relationship to the iron ore business, including Mitsui Products selling mining machinery to Vale, providing railway carriages for transporting iron ore, and establishing coastal container transportation and logistics joint ventures.

During the cooperation, Mitsui Products also provided financial assistance to Vale. In daily work, the two sides also had very close personnel exchanges. For example, Mitsui Products sent someone to serve as Vale's account manager, and the two sides also established an intelligence exchange mechanism.

In fact, as early as September 2003, Mitsui Investment invested US$830 million to acquire 10,000 shares of Valepar, a holding company in Vale, Brazil. The shares acquired this time are equivalent to 5.05% of Vale's total shares and 7.84% of Vale's common shares.

Therefore, the stake in valepar is: littel (four Brazilian pension funds) holds shares...the investment company of Brazil Development Bank) holds 17.4% of the shares and Mitsui Property Holds 15.0%. However, the first two shareholders are local financial institutions in Brazil, with no business experience and are not actual operators. Mitsui Property sends business supervisors to the Vale administrative committee and becomes the de facto company business decision-maker.

At the same time, Mitsui Products has invested in and operated iron mines in Australia for many years and has a close relationship with Rio Tinto.

Mitsui Products already partially owns a core asset of Rio Tinto, the iron ore business located in Australia...

In 1965, Mitsui Products invested in...Iron Mine.

In 1967, he continued to invest in the newman iron mine in Australia.

Currently, the... iron mines and... mines located in Western Australia are jointly owned and mined by Rio Tinto, Mitsui Products, Nippon Steel, and Sumitomo Metal Industry Co., Ltd.

Mitsui Property has an extraordinary relationship with BHP Billiton, Australia.

Mitsui Co., Ltd. operates three iron ore joint ventures in Western Australia... and... BHP Billiton, Itochu Commercial and Mitsui Co., Ltd. have 85%, 8% and 7% stakes in these joint ventures, respectively.

Mitsui Products has also successively introduced capital increase plans to increase the annual production capacity of the jointly operated Western Australia iron ore joint venture.

In addition, Mitsui Property and BHP also has an alliance with BHP outside Australia.

Back in November 2006, BHP Billiton sold 15% of its interest in the oil and gas fields in Namibia, Southwestern Africa, to Mitsui Products, a deal that marks the first time a Japanese company has obtained a survey permit in Namibia.

In addition to Mitsui Products, it is particularly worth mentioning that two other Japanese consortiums, Sumitomo Consortium and Mitsubishi Consortium, also have close cooperative relations with Rio Tinto and BHP.

For example, Rio Tinto owns 80% of the shares of Copper Gold and Silver Mine in New South Wales, Australia, its joint venture Sumitomo Commercial owns 6.7% and Sumitomo Metal Mining Company owns 13.3%.

In addition, Rio Tinto Aluminum and Sumitomo Commercial jointly own a New Zealand boyne Island aluminum smelting plant, of which Rio Tinto Aluminum owns 79% of the factory's shares, and the remaining 21% of the shares are held by Sumitomo Commercial Japan.

Mitsubishi Corporation, a comprehensive trading company of Mitsubishi Consortium, jointly operates BHP Mitsubishi United Corporation (bma), the world's largest coking coal supplier in Australia, and both parties hold 50% of the shares.

Mitsubishi Commercial and BHP also cooperate closely on aluminum and copper projects. Mitsubishi Commercial holds a 10% stake in Mozambique mozal aluminum smelter and BHP holds a 47% stake.

Mitsubishi Corporation holds a small number of shares in Chile...Copper Minerals, and BHP Billiton holds 57.5% of the shares.

Mitsubishi Corporation holds 10% of the shares of the Antamina Copper and Zinc Mine in Peru, while BHP Billiton holds 33.75% of the shares.

Let me explain that the financial system of the Mitsui Consortium and Sumitomo Consortium merged into Sumitomo Financial Group, and the two companies are brotherly relationships. But in fact, even if Mitsubishi Commercial is added, they are just strategic machines for the Japanese government's external control and economic war. The Mitsui Consortium has proved it since World War II. It is actually the most fundamental force of Japan. They are controlled by underground organizations such as the Black Dragon Society, which once again shows that those who actually control the world are just those rights lurking behind the scenes.

Of course, in addition to controlling iron ore resources, Japan also has no room to control and exert influence on other resources, thus completely curbing China's rise. In fact, from their layout and from the economic development trajectory of China's later generations for more than 30 years, Japan has no room for China's wealth plunder and hostility. As for the previous saint who swept his pen to exempt the Japanese from the war compensation, I don't know what Izumi would think of.

After the collapse of the Soviet Union, Central Asia's abundant resources also became the target of Japan's tiger sight. In particular, Japan does not seem to have nuclear weapons, but its intention toward strategic resource uranium mines is heartbreaking.

Wen Feng remembers that since the announcement of China's nuclear energy development plan in 2005, the Japanese consortium has consciously accelerated its strategic deployment. In 2006, Toshiba Japan announced its acquisition of Westinghouse Electric, Kazakhstan National Atomic Energy Company announced that it had established a joint venture with Sumitomo Consortium and Kansai Electric Power Company. The two parties will jointly mine the Kazakhstan uranium mine. The two Japanese companies each hold 35% of the shares. Before 2010, the uranium mining volume could reach 100 tons per year, and the raw materials were mainly sold to Japan.

In 2006, the outgoing little dog visited Central Asia with a dying body. When entering Kazakhstan, Japanese consortiums such as Mitsui Products, Mitsubishi Commercial, Sumitomo Commercial, Itochu Commercial, and Sonji Corporation were followed. The purpose was to lock in Japan's mining of Kazakhstan's uranium mine, aiming to completely defeat China in this competition for Central Asia's nuclear fuel.

With Japan's full efforts to make various investments and commercial layouts, China was blocked at the source, causing China's investment in Central Asia to be hit. It was not until two years later that some substantial results were seen, but the big one had lost, leaving only some residue and soup.

At the same time, Japan is not just China-Kazakhstan. After the collapse of the Soviet Union, all kinds of minerals contained in Russia have become the target of the Japanese. In 2006, Mitsui Property signed an agreement with the Russian Technology Supply and Export Company to start the joint venture project to mine the Yakut ‘Southern’ uranium mining area. Mitsui Products has therefore become the first foreign company to enter the Qipei mining market after Russia’s open nuclear energy strategic field, and it is also the first foreign company to directly participate in the preparations for the uranium raw material mining project in Russia.

Reuters quoted a Mitsui spokesman as saying: "We must ensure the share of uranium before the Chinese competition arrives..."!~!

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