In fact, the coke industry is also a profitable industry. Although the entry standards of this industry are not high and the technical difficulty is not particularly high, this industry is a high-pollution industry and has severe environmental pollution and damage. // Visit to download txt novel //.

Therefore, in developed countries like Europe, America, Japan, and their attention to the environment has led to such high-pollution enterprises being destined to not survive.

Because they have to face higher environmental governance costs, and such environmental governance costs are often the key to survival for coke companies.

Especially as now, with the continuous supply market for cheap coke in China, in China, environmental costs are almost negligible in China.

In addition, in the eyes of government officials from all over the world, there are only hard names such as GDP. As for green and environmental protection, they are no longer within their considerations.

Therefore, many of the coke companies that were originally still alive around the world were already in a shaky survival situation when facing the impact of the cheap Chinese coke market.

There are even many, and in the end they can only choose to close their business, or they can switch to other businesses.

The reason why this Japanese versdale fan ningltd in Australia is still able to survive until now is that on the one hand, Australia is really vast and sparsely populated, and their factories and mines are sparsely populated, so there is no need to worry about anyone complaining. On the other hand, it is because the resources they have are too rich. Australia's largest and the best-quality coking coal mine, which makes their costs much lower than coke companies in other developed countries, so they can barely survive under the impact of cheap coke in China.

But even so, the living environment of this company is still not optimistic. After all, the labor cost in Australia is not generally high. Moreover, even if their factories are located in a sparsely populated area, the government still charges them high environmental governance costs, which makes the living environment of this company even worse.

In addition, most of the steel smelting industries around the world are shrinking, which leads to their products lacking sufficient competitiveness in both the domestic and international environments, so in this way, they can only rely on meager profits to support them.

In his previous life, Li Yifan began to understand the development history of this company when the Secret Service Organization began to pay attention to Australia's iron ore industry.

The rise of this company should have been after 2004. Since China began to adjust its national development strategy in 2002, China's steel consortium began to quietly make efforts in 2003. In 2004, China's steel companies began to discover that coke, which was originally cheap and in abundant supply, seemed to be insufficient in the country's large-scale steelmaking.

So he encouraged the Finance and Development Commission to issue a ban, which completely banned domestic coke exports abroad. Because such a ban even caused international economic disputes.

However, this Japanese versdale fan Ningltd seized this opportunity very well. They took advantage of the withdrawal of China's coke from the international market and began to swallow up the market gap left by China's coke companies. During this period, due to the shortage of coke supply worldwide, the price of coke rose by one day, from the lowest point of about 300 yuan per ton, and finally rose to more than 1,700 yuan per ton.

Moreover, China, which was originally a resource exporter, even became the world's largest coke importer. How could a company like Japan's versdale fanningltd miss such an opportunity to take a bite on China?

So in just a few years, they finally jumped from a company with a capital weight of only 400 million Australian dollars to a company worth 4 billion US dollars. That's right, in just a few years, their market value has increased tenfold. Of course, it may not be worth so much, but when Rio Tinto bought this company, they spent 4 billion US dollars...

So of course Li Yifan is unwilling to give up this opportunity. Instead of waiting ten years later and intervening, it is better to come and get a bargain now. What's more, the market value of this Japanese versdale fanningltd has fallen to far less than 400 million Australian dollars due to the impact of China's coke.

The company listed on the Sydney financial market can reach about 2.3 Australian dollars at its highest price, but that should have happened more than ten years ago. After more than ten years of continuous losses in competition with the Chinese coke market, the company's stock price has now fallen to a few cents per share, and its market value is now at about 200 million Australian dollars.

Moreover, when China's national development strategy has not been adjusted, their financial situation will only continue to deteriorate. Now it seems that they are looking for banks or investment institutions to raise funds everywhere.

Unfortunately, due to the poor market performance and the continuous supply market of cheap coke in China outside, many banks and investment institutions are not optimistic about them at all. After all, such companies that have suffered losses for years and have no way of seeing the development prospects, whoever is willing to throw money in is stupid!

So at this time, it is really appropriate to take over this company.

After taking over this company, Li Yifan doesn't expect the company to make money. As long as he can hold on to his own profits and losses for two years, or even a little loss every year, it will be acceptable. Then two years later, the company will be resurrected and will be able to earn absolutely generous benefits for himself.

To be honest, Li Yifan is not like looking far away. After all, there are many rules in Australia and many investigations into the background of foreign investors.

Especially for investors from China, those Australian turtle grandchildren are extremely cautious. They always like to see people with tinted glasses. The approval is full and there are many checkpoints. Moreover, these Australian workers are old men and like to strike for you at any time, or ask for a salary increase.

So Li Yifan didn't like these Australians in his heart, and he was unwilling to come to Australia to start this company.

Want to do coke, how cost-effective is it to do in the country?

The labor cost is low and the resources are abundant enough. The most important thing is that there is no need to consider any environmental pollution.

Unfortunately, when you are building a business in China, there is another thing you need to consider, that is, the political cost. Most domestic coke companies are located in western Shanxi.

The local commercial forces in western Jinxi are quite conservative and extremely xenophobic, and the most important point is private enterprises. If you want to enter the coke industry, you will also face great political risks.

Because the National Development and Finance Commission has changed its orders every day, it will not be once or twice, and in the next ten years, it will be the era when you like to compete for profit with the people the most.

Often when you see a certain industry booming and jealous, you just write down a government order and directly state the industry to you. What can you do?

For example, the charcoal selling industry in western Jinxi was in a downturn, and the country gave up the move and left most of these industries to private management, allowing private management to carry them.

However, when the country's economic development improved and the coal industry began to become increasingly profitable, the country immediately turned its back. Before the private coal bosses had a good day, they had a decree again. The coal in western Shanxi became a national resource and had to be fully reclaimed for national operation...

The same is true for the coke industry. In this era when domestic coke supply is oversupply, everyone is competing at low prices and is unprofitable. The country simply ignores you and just collects taxes.

But a few years later, when the country's steel tide arrived, another government order from the Finance and Development Commission nationalized all private coke industries. This plate only allows the country and the children of aristocratic families to play. As for you ordinary people, just stand by and take a look.

It’s pitiful for those private bosses in the coke industry. I just suffered from the moonlight, and I didn’t know what to do today. I just passed a few days of comfort. This company I’ve been watching with great difficulty was taken away by the state...

In the end, I only got a few million or tens of millions of repurchase fees, but what can this money be compared with the profits that their coke companies can generate?

The domestic business environment has deteriorated so far, and Li Yifan has nothing to say, so he absolutely dare not play coke companies in China. For him, he should forget about such an industry that "compets for profit with the country". The same is true when he goes abroad, let alone harming the natural environment abroad?

After Li Yifan roughly explained the situation of this day's versdale mystery to Annie, Annie also made her own judgment. It seems that this guy is determined to bet. In the future, a strong trend of steelmaking will arise in the international market!

But since they are willing to bet, let him go. Anyway, the money is his own, so he can spend it as much as he wants. Besides, this day, versdale is really not expensive now. Even if Singapore's steel companies give them some orders, it will be enough for them to eat.

At this time, Li Yifan was not only thinking about this day, but also thinking about other projects suitable for investment in Australia.

Australia has been included in the list of developed countries these days, but in fact, it is still blank in many fields and there are still many profitable areas.
Chapter completed!