I bring technology to my hometown to get rich

Chapter 530: There is a mine at home, but it can no longer be sold at a high price

Karacu copper mine in South America.

"Ugh!"

"If we had known this earlier, we would not have defaulted on the contract. At least we could have sold the copper mine for more than a decade."

"Now its value is less than one-tenth of what it used to be. No one mines it anymore."

Salas sat on the anti-gravity aircraft, overlooking the Karaku Copper Mine in front of him, feeling full of regret.

The Karaku Copper Mine is one of the world's largest copper mines, with proven reserves of more than 5000 million tons, equivalent to half of our country's proven copper reserves. The copper grade here is very high, and it is a high-quality copper mine.

However, the copper mines in Karaku have not been developed and utilized.

The main reason is that the local government does not have enough funds to mine this copper mine. Secondly, it is located in an inland plateau area with extremely inconvenient transportation. If you want to mine the copper mine here, the initial investment is very huge.

In order to mine this copper mine and convert the resources into money, the locals have come up with many ideas.

Since the 1990s, they have been actively looking for external investment, hoping that someone would invest in this copper mine.

Because of its huge reserves, it has attracted many international mining giants to invest. Groups like BPB Group, LT Group, CRD Group, etc. are all internationally renowned mining giants and are very interested in this copper mine.

However, these international giants are all ruthless sharks. If you want their investment, they will eat you up completely, even the skin and bones. The conditions they propose are extremely excessive.

In addition to the normal requirements for ownership of the entire copper mine, they also requested the leasing of a port. Mining the copper mine required the construction of a railway, which must also belong to them. In addition, they required local banks to provide a large loan, etc.

In short, if the Karaku copper mine is handed over to these mining giants for mining, the benefits that the local people can get will be very little, or even almost nothing.

Naturally, they would not agree to such conditions.

Later, people from the East came and they were interested in investing in this copper mine, and the conditions they offered were quite generous.

On the one hand, they are willing to spend tens of billions of US dollars, but the US dollar more than 20 years ago is not the same as it is today.

This money will not only be used to build a railway and road connecting the mine to the port, but also to build schools and other facilities in the local area to drive local development.

The built iron mines and roads only need to give priority to shipping copper ore to them. After the copper mines are mined, the railways and roads will be completely owned by the local people.

Secondly, they promised to hire a large number of local workers to mine copper, and the profits from the copper mines would be shared 50-50 with the local people.

It can be said that such conditions are quite fair and very sincere.

At that time, the two sides had even begun to cooperate, and the surface soil in some areas of the copper mine had been removed.

However, later on, the locals felt that they were still at a disadvantage under this condition.

Why should I share my own mines with you Orientals in a 50-50 split?
You have only invested a few tens of billions of dollars, but as long as this copper mine operates normally in the future, it can produce more than 200 billion dollars of copper every year. This means that after investing tens of billions of dollars, you will be able to seize tens of billions of dollars in wealth from the local area every year for the next few decades.

Moreover, all the copper mines will be sold to the East, so the Orientals can make another profit from it and solve their huge demand for copper mines.

At that time, it seemed to them that no matter how they looked at it, they were at a disadvantage, a big disadvantage.

Therefore, before the copper mine was officially started, they went back on their word and decisively tore up the contract.

They demanded that the scale of investment must be expanded to hundreds of billions of US dollars, and they demanded a 20:80 profit sharing, with them taking 80% and the investors only getting 20%.

With such a lack of integrity and credibility, tearing up the contract and asking for exorbitant prices, it is natural that fellow villagers will not agree to such conditions.

So there was no subsequent cooperation and content.

After the fellow villagers left, the locals thought that there would be other people willing to take over, so they looked everywhere for a sucker, no, a partner.

But after searching for a long time, it was found that no one in the world was willing to invest in the copper mine here. Even if someone was willing to invest, the conditions they offered were extremely harsh.

After searching around, they sadly discovered that there was no one willing to split the profits with them 50-50. Most of them wanted ownership of the entire copper mine. Want to share the profits?
How can it be?

You're investing tens of billions of dollars in this huge project, and I'm going to split the profits with you 50-50?

What kind of fool would do that?
After going around for a while, I finally found that the conditions offered by our fellow villagers were the best and fairest.

Only at this point did they realize that their fellow villagers were the most fair and trustworthy in doing business.

So they thought of calling their fellow villagers back, saying that as long as they paid more money or shared more with them, they would be willing to hand over the copper mine to them for mining.

The fellow villagers who have been cheated once will naturally ignore them again.

So the construction of this copper mine was delayed for more than 20 years.

Over the past two decades, as the price of copper has continued to rise, most places around the world with copper mines have become rich thanks to the mines.

But here in my hometown, we only have a super large copper mine, but we can only look at the gold mountain and continue to live a miserable life.

I originally thought that as copper prices rose, someone would be willing to invest here.

As a result, in the past decade, with the rapid development of the interstellar mining industry, the exploitation of lunar resources, and the establishment of the interstellar mining industry.

In order to compete with the three major mining giants for pricing power, trading rights, etc., the Interstellar Mining Alliance launched a protracted price war.

The continuous flow of high-quality, cheap iron ore, copper ore, rare earths, etc. from the moon quickly impacted the existing mineral market, causing the prices of iron ore, copper ore and other metal resources to fall again and again.

Not to mention the copper mines here, even the iron and copper mines in the hands of the three giants are rotting in the warehouses and cannot be sold at all.

Suddenly, no one came to invest in copper mines. In recent years, no one even came to ask about it.

What’s even worse is the past two years.

As the asteroid mining industry began to develop, mineral resources from the asteroid belt caused the prices of metal mineral resources such as iron ore, copper ore, gold, silver, etc. to plummet again.

This is undoubtedly a further blow to areas around the world that rely on mining for their livelihoods.

The anti-gravity aircraft that Salas was riding slowly landed on a hilltop, and he overlooked the huge copper mine in front of him.

It has a huge reserve of over 5000 million tons, and it is a high-grade copper mine.

"If we had not torn up the contract, this copper mine would have contributed at least hundreds of billions of dollars to us after more than 20 years of mining!"

"What a pity! I'm afraid no one will ever come to mine this copper mine again."

Sarath looked at the copper mine in front of him and couldn't help but sigh.

The times are changing too fast.

From the Earth to the Moon, from the Moon to Mars, and now to the asteroid belt to mine resources.

"Yes!"

"Others only need a spacecraft and a few dozen crew members to easily go to an asteroid to mine resources. Any asteroid mined may contain millions or tens of millions of tons of copper or tens of millions of tons of iron."

"Who would work hard to mine our copper mines?"

Beside Sarath, Alec also shook his head helplessly.

Since the large-scale exploitation of lunar resources began, life here has become difficult.

The export of mineral resources is an extremely important pillar industry here.

When global mineral prices were rising, things were pretty good here.

But when global mineral prices fell, life here became difficult.

Now the global mineral prices are not just falling, but plummeting. The prices are not even one-tenth of what they were before. I don’t know how we can continue to live like this.

The former Gold Mountain has become the current Iron Mountain, and is even worse than the Iron Mountain.

He could have lived a good life with this mountain of gold in the past, but because he was too greedy, now he can only watch it go by without any way to turn it into money.

“Times are changing so fast!”

Sarath sighed and once again boarded the anti-gravity aircraft to inspect the mines.

Due to the sharp drop in the prices of iron ore, copper ore, gold and silver, almost all the mines here have been closed down and can no longer hold on.

Continue mining, it will all be a loss.

One is that the price is low and they cannot be sold at a good price. Second, not only are the prices low, but these minerals are also difficult to sell.

In the past, the biggest consumers were the Orientals, but now they have the vast resources of the moon, Mars, and the asteroid belt, which not only can meet their huge demand for resources, but also begin to export them on a large scale. Their various iron, copper, gold, silver, etc. are not only of high quality and cheap, but can also be transported to any corner of the world using large anti-gravity spacecraft.

How can you compete with them?
There is no way to compete, so a large number of mines have stopped production.

Sarath and Alec looked at the mines that were overgrown with weeds. The machinery in the mines was abandoned and rusted.

If not used for a long time, these machines, equipment, etc. will easily rust and age.

The small towns that sprang up around the mines and relied on the mines were originally bustling, prosperous and thriving.

Now it has become extremely depressed, desolate and poor.

The unemployed miners gathered in groups of three or five, playing cards, drinking, and fighting out of boredom. The women had endless work to do and would often chase after the naughty children at home and beat them.

Everything here is rusting rapidly, just like the mine next door.

In the valleys not far away, plantation owners are reclaiming land on a large scale and planting cherry trees on the land.

In recent years, the export scale of local cherries has been growing, and has become the most important export commodity in the local area and the commodity that can earn the most foreign exchange.

Oriental people love to eat cherries. They almost contract all the cherries produced here, but it is still far from enough and cannot satisfy their huge appetite.

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As a result, the scale of cherry cultivation has become larger and larger, and now almost every place where cherries can be grown has planted them.

Plantations and companies that grow a large number of cherries have made a fortune from this and they wish they could plant cherry trees on every inch of land.

"The whole world is trying hard to adapt to the new era!"

Sarath couldn't help but smile bitterly when he saw the large cherry orchard.

"Yes!"

"We are growing cherries here, and next door we are growing Brazilian pine nuts on a large scale. The cattle and sheep in the Pampas have to be changed according to their tastes and preferences, and the beef cattle and sheep will be castrated."

“The whole world is changing and adapting to this new era.”

"With a population of more than 14 billion, the consumption power of this huge market is terrifying. The whole world is changing around this huge market."

Alec also nodded solemnly.

Times have changed!

This is the Hamers iron ore mine of Australia's BPB Group.

Brent, president of BPB Group, is also standing on a hilltop at this moment, overlooking the huge iron mine in front of him.

The iron mine before our eyes was once the most important gold and silver mine in the hands of the BPB Group.

The iron ore produced here is not only huge in output, but also of extremely high grade. It is one of the highest quality iron ores in the world. It is also one of the most valuable iron mines in the world.

Relying on the huge iron ore in their hands, BPB Group and two other mining giants control the global iron ore and copper ore markets. The three companies dare to raise prices directly, increasing prices by 50% a year and doubling the prices in three years.

However, times have changed and everything has changed.

The iron ore in front of us is still one of the largest, best and most valuable iron ore mines in the world.

However, the mine is now extremely quiet, overgrown with weeds, and the rusty machinery and equipment have been parked for many years and have long become a home for small animals.

The iron ore mined on the side was piled up into a small hill, and the hill was covered with weeds, making it difficult to tell that this was actually a hill of iron ore.

"Affected by the resources in the asteroid belt, the prices of various metals around the world have plummeted again. I'm afraid our mines will have to remain sealed forever."

Beside Brent, Tom, the president of LT Group, sighed deeply and said.

Although BPB Group and LT Group belong to two different groups, they are actually in the same boat. They were glorious together in the past, but now they can't even afford to eat bread together.

"They are really going too far!"

"Whether it's the resources on the moon, Mars, or the asteroid belt, they all belong to all of humanity."

"But now they have a tight monopoly. Even if we have the money to buy a spacecraft, they won't sell it to us."

"We can only watch helplessly, without even getting a single bit of the dividends of this era."

Brent clenched his fists and said angrily.

Yes!

In their opinion, their fellow villagers were really going too far, very, very far.

In fact, the three major mining giants have long set their sights on the moon and the interstellar universe. However, without their own spacecraft, they can only dig soil on Earth and cannot go to the moon, Mars, and the asteroid belt.

They had approached Feiyun Technology and wanted to buy its spaceships. However, even if they were willing to pay double the price, Feiyun Technology would not sell them a spaceship.

Even every spacecraft sold by Feiyun Technology has relevant restriction agreements, and they cannot buy second-hand spacecraft.

They can only watch helplessly as the people from the Interstellar Mining Alliance mine on the moon and dig for mountains of gold and silver on Mars and the asteroid belt.

The money earned is huge and the food is delicious.

Mining an asteroid from the asteroid belt can be worth trillions or even hundreds of trillions of dollars. This money comes too easily and too quickly.

So much so that now the eyes of capitalists all over the world are bloodshot.

Each of them looked like a hungry beast that had been hungry for a long time, looking with bloodshot eyes, baring their teeth and opening their mouths, with saliva flowing to the ground.

This terrifying explosion and blowout of wealth is really enviable.

If it were in the past, they would have rushed to snatch it without hesitation, and would have gone straight forward to bite it, making sure to get the biggest piece of meat into their mouths.

But now, all the tigers, leopards, jackals and wolves can only stand aside obediently, drooling and watching with bloodshot eyes, they can only watch like this.

I prayed silently in my heart, praying that Brother Long would leave some bones for me after he was full and drunk.

However, there was no intention of leaving any bones or residue for them.

This made them very angry and very upset.

"Yes, the resources belong to all mankind, but they are occupied by them."

"I think we have to find a way to join in. Investing hundreds of billions to buy a spacecraft and traveling to the asteroid belt in half a year can make hundreds of billions or even trillions of dollars at a time. This is much faster than making money from mining."

Tom nodded solemnly and said.

"Think of ways to?"

"What can I do?"

Brent looked at Tom, shook his head helplessly and said, "Times have changed!"

"There's nothing we can do now!"

"If there was a way, we would have followed them and enjoyed the delicious food and drinks long ago. There would be no need to come here to see this mine."

"Ugh!"

"We obviously have many mines in our hands. In the past, these mines were gold and silver mountains. If we open them slowly, they will be enough for us to live on for hundreds of years!"

"But now, the mountains of gold and silver in my hands have turned into mountains of iron. They are worthless. Not only are they worthless, but I can't even sell them."

“I’m afraid I’ll never be able to sell it.”

"The mineral resources in the interstellar universe are simply too vast!"

“The prices of various minerals will only get cheaper!”

After hearing what Brent said, Tom was speechless.

Yes, there is nothing I can do now. I can only drool and watch others eat big chunks of meat and drink soup, but I get nothing.

Times are changing so fast!

In just a few short years, the mines that were once worth a fortune are now worthless.

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(End of this chapter)