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Chapter 279 Thanks for the power

Wang Pengju smiled honestly: "Eight years ago, I came to Heique Mountain and entered that pit. I found that the rocks were rugged, which was very scary. It was indeed suitable for ghost movies..."

What they said was not a single story. The strange rocks in that pit were indeed quite like some monsters and monsters, and there were often some supernatural events. This was one of the reasons that prompted the Sanjiang Group to auction the Heiqueshan Tungsten Mine at all costs.

Wang Pengju said, writing, "Ten years ago, I worked in the exploration team of Mingzhu Geological Research Institute. Our team was invited by a boss named Cheng to explore Heique Mountain. That time we explored that Heique Mountain had a reserve of less than 100,000 tons. Boss Cheng asked us to keep it confidential. We also signed a confidentiality agreement because I had not thought about starting a mine at that time, so I temporarily left this matter behind. Later I found out that Boss Cheng had made the wrong vein and found only one poor vein, and refused to pay the exploration fee of our institute."

Wu Changhui and Li Qingqing saw what Wang Pengju wrote on white paper and looked at Lu Xin in surprise. Then they suddenly realized why Lu Xin gave up the Crow Mountain Tungsten Mine with only 10,000 tons of reserves.

Wu Changhui wrote on the white paper: "Junior Brother Lu, how did you find that there are 100,000 tons of reserves there?"

Lu Xin could not reveal his spiritual sense of controlling gold, no matter what, he simply wrote: "I listen to the story of the boss of the process. I believe that Brother Wang and his team had accurate surveys back then, and I would like to see the minerals!"

When some ignorant and superstitious miners explore new mines, they will invite some Feng Shui masters to help them look at the mineral gas. That is just to find psychological comfort. Feng Shui masters said that there must be rich mines, but after digging for a long time, they only found one nonsense mine owner. Lu Xin said this, Wu Changhui and Li Qingqing thought he was joking and smiled, but they didn't expect that Lu Xin would look at the mineral gas, which was actually very close to the truth.

In the following time, Wang Pengju talked to everyone about the arduous process of transforming from an exploration team member to a tungsten mine boss. In fact, it was mainly to tell Lu Xin that in order to cooperate with Lu Xin, he would gain Lu Xin's trust in advance.

After graduating from the University of Geology, Wang Pengju joined the Geology Research Institute. He originally wanted to be a geologist like Li Siguang, but he witnessed the scene of those beauties in Mingzhu City despising the poor and loving the rich. He was stimulated and resigned after working in the geology team for three years and invested in the tungsten mine with a senior brother who knew Xingyi and Five Elements Fist School who knew the mine.

He started to explore the mines in remote mines. In the first year, he invested 500,000 yuan and had no penny income. He lived in a pigpen first. He only changed to a shed built by oil felt half a year later.

He wanted to come to find Boss Cheng at that time and asked Boss Cheng to transfer the Heiqueshan Tungsten Mine, but Boss Cheng had already transferred the Heiqueshan Tungsten Mine to Sanjiang Group at a high price. Wang Pengju had no 30 million yuan at the time, so he had to give up.

Wang Pengju continued to prospect and hit the mine veins the second year, but his taste was not good. He clenched his teeth and borrowed 4 million yuan to continue to choose the field (where tungsten ore is produced). In the third year, his monthly loss was more than 250,000 yuan. At that time, in addition to pressure, he was still stress. He slept for 4 hours a day, took out 3 packs of cigarettes, and his hair turned white in one month.

Later, he raised 1 million yuan to build two inclined shafts. Finally, he saw a good grade ore. Daily production gradually increased and his mood relaxed slightly. In the second half of the year, the price of tungsten concentrate began to soar historic, rising by 1,000 yuan per ton per day. By the end of the year, the price of tungsten refined sand per ton increased from 23,000 to 132,000 yuan. Wang Pengju was very happy. His hair turned from white to black in one month.

Tungsten mine is a very gambler business. Wang Pengju lasted for three years and bet on the mining area with good taste. The price of tungsten concentrate rose sharply. In the fourth year, he recovered his investment, and in the fifth year, his annual income reached eight digits.

According to Wang Pengju, investing in tungsten mines is just a gambler's mentality. He has been in the mine for five years and has never gambled. He told workers that if you want to bet, you should bet big. If you see the opportunity, you will bet all your money for your wife, children, and you will only be able to pay once in your life.

When Lu Xin heard Wang Pengju's arduous exploration experience, he couldn't help but secretly glad that he had superpowers to bypass the extremely tormenting exploration experience without wasting so much time.

Lu Xin's first investment, why did Wu Changhui ask him to invest in tungsten ore instead of gold ore? Because in the alloy products produced by Sanjiang Group, tungsten is the main metal. Lu Xin controls tungsten ore, and Wu Changhui controls Sanjiang Group, a big tungsten concentrate, and his brothers work together to make a fortune upstream and downstream.

Many people don’t know much about tungsten. Tungsten and its alloys are one of the extremely important functional materials in modern industry, national defense and high-tech applications. They are widely used in aerospace, atomic energy, shipbuilding, automobile industry, electrical industry, electronic industry, chemical industry, etc. In particular, tungsten-containing high-temperature alloys are mainly used in components of gas turbines, rockets, missiles and nuclear reactors, and high-specific gravity tungsten-based alloys are used in armor-piercing warheads of anti-tanks and anti-submarines.

In Sanjiang Group, tungsten is mainly used as cemented carbide tools. Cemented carbides with tungsten as the main material have a series of excellent properties such as high hardness, wear resistance, good strength and toughness, heat resistance, corrosion resistance, etc. In particular, its high hardness and wear resistance are basically unchanged even at a temperature of 500℃, and still have high hardness at 1000℃. Therefore, they are widely used as tool materials, such as turning tools, milling tools, planers, drills, boring tools, etc., for cutting cast iron, nonferrous metals, plastics, glass, stone and ordinary steel. They can also be used to cut hard-to-process materials such as heat-resistant steel, stainless steel, high manganese steel, tool steel, etc., and the cutting speed is hundreds of times that of carbon steel.

Sanjiang Group and other large alloy product manufacturers have demand for tungsten concentrate. Although the annual output of Huaxia tungsten ore accounts for two-thirds of the world's total, 252 mining areas with discovered and proven reserves have been discovered and proven, with a total proven reserve of 6.375 million tons, but this rare resource will become scarce and more expensive as it mines, and the competition among private capital for tungsten ore becomes increasingly fierce.

Wang Pengju said enviously: "The bosses in the 1990s were very happy! The state implemented a strict approval system for tungsten mining certificates and prospecting certificates. Generally, only state-owned tungsten mine enterprises can own them. Acquisition of state-owned enterprises has become a feasible way to obtain mining certificates and prospecting certificates. Zhangyuan Tungsten Industry, the richest man in tungsten capital, controlled by Huang Family, has 5 prospecting rights mining areas, 4 mining rights mines, Taotin pit tungsten mines, Xinanzi Tungsten Mine and Shilei Tungsten Mine were all purchased by the Huang Family in the 1990s while these state-owned tungsten mines were reorganized. The mining rights and prospecting rights certificates are naturally owned by Zhangyuan Tungsten Industry."

Lu Xin also sighed: "Now we acquire state-owned enterprises to obtain mining certificates, and it is no longer possible to find the prospecting certificate. We can only obtain tungsten ore through the internal sales of state-owned enterprises like scattering the burden."

Wu Changhui just did some calculations and calculated that Lu Xin used five million to obtain the Heique Mountain Tungsten Ore, which would be able to get a return of 5 billion in the future and increase its wealth by a thousand times. Although this transaction was arbitrary by Lu Xin, it was also introduced by him Wu Changhui. If Lu Xin has helped Lu Xin to this point, the Bajiquan Sect will definitely reward him, and Lu Xin will also be grateful.

Wu Changhui heard Lu Xin's sigh, smiled, and wrote on the blank paper: "Now some local governments will also openly auction the mining rights in a certain area. Although the auction price is often calculated at tens of millions or even hundreds of millions of yuan, it is within your tolerance range. You can consider starting from here in the future!"

Lu Xin nodded with a smile. The tungsten ore with a reserve of 100,000 tons is just a good starting point. He is not going to stop here. Not long ago, he heard a news that the Geological Mineral Exploration and Development Bureau of a province west of the Yangtze River after 18 months of exploration, and found that there is a proven tungsten ore with a proven reserve of 1.06 million tons in Dahutang area of ​​Jiujiangwu-Ning, which is currently the world's largest tungsten ore with a potential economic value of more than 300 billion yuan.

Lu Xin believes that there are still many metal minerals buried under the earth. Sooner or later, he will make such a big discovery and transform into a billionaire!

Lu Xin used to visit the province west of the Yangtze River. On the mountain road with nine curves and eighteen twists, he could see cars racing past. The bosses of the tungsten mine went to visit their money printing machines. Now the price of tungsten concentrate was high, so he drove the boss of the Audi Q7 more diligently. They hurried into the mountain and hurried out, busy socializing officials at all levels and gambling for fun.

Lu Xin was a little envious and jealous when he saw those tungsten bosses who were no less grand than coal bosses driving luxury cars and hugging beautiful Xiaomi. However, he did not expect that one day, he became a member of the bosses here, and he was one of the top few people.
Chapter completed!
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