Chapter 2133: Widespread Panic

Because of the absence of Longguo Mining Company as a player, international commodity prices have begun to fall recently.

Especially in the area of ​​copper concentrate powder, the decline was the most obvious.

The price used to be more than 11,000 US dollars per ton, but now it has dropped to about 10,000 US dollars.

But there is still a price but no market. Although Japanese and Korean companies also import some copper concentrate, their consumption is very limited.

As for Europe and the United States, they all purchase goods at long-term contract prices.

International prices have little impact on them. To put it bluntly, international prices are only for the Dragon Kingdom.

But now the people of Longguo don’t accept the offer. You can raise it as much as you like, but we just won’t buy it anyway.

Similar to the issue of copper mines, there is also LNG. The original price increase has made various resource dealers full of interest.

But the problem is that recently, the number of orders from Dragon Kingdom has begun to drop sharply.

They also asked each other several times for the reason, but the other party said that their domestic resource structure was adjusting.

If you can't wait, you can sell to Europe.

Anyway, Europe is also in a panic right now, and it’s still winter, the peak season for natural gas consumption.

We won't make any money with them. We are very honest.

But to the ears of European and American energy suppliers, this is not the case at all.

If the people of Longguo no longer participate in the bidding, then they will really only have to face European buyers.

But how can European buyers be so obedient?

Just say that the Germans and French will be slaughtered by you?

They are notoriously thorny, and they have very diverse countermeasures.

If the price of natural gas you give them is too high, they will go to Mao Xiong to buy it.

At that time, it will no longer be a business matter, but a political matter.

And if you raise prices for them, they will definitely retaliate.

Moreover, the prices of things exported to you by others can also increase, and you cannot do without their supplies.

The most important thing is that they can also add taxes on the goods you import into the EU.

Anyway, they have many means to counterattack, so doing business with them is very uncomfortable.

As a result, everyone is embarrassed. The price is very high, but no one takes the offer. What should we do?

In the past, Longguo was an important buyer, and to put it mildly, they were allowed to take whatever they wanted.

After all, the Dragon Kingdom is a technologically weak country and relies on them for many technologies and exports of goods.

If you are unwilling to abide by their pricing, the people of Longguo will definitely have a headache in the end.

But things are different now. Their technology has become independent, and their products have become more competitive. The most important thing is that they no longer rely on them for their energy and resources.

You can go up as much as you like, but we won’t buy it anyway, it depends on who you sell it to.

What is embarrassing now are these energy and resource giants.

The price of LNG has obviously come down in recent times. When it was the most expensive before, it rose to more than a thousand US dollars per ton, but now it has dropped by several hundred US dollars.

As for copper concentrate powder, there has also been a significant downward trend.

The reason why they adjusted the price was because they wanted to attract Dragon Kingdom merchants back.

But the problem is that if you want to see the effect, it currently seems that it will take at least more than a month.

It depends on how much inventory there is in the warehouses at the docks in Long Kingdom.

If there is a lot of inventory, it will probably be enough for them to use it for two or three months.

So if you have two or three months,

They do not import copper concentrate powder from overseas.

Then everyone is still playing with eggs?

Thinking of this, Duke Hamilton suddenly had a splitting headache.

He got himself a glass of whiskey, and then called for the pretty maid to bring him an ice bucket.

After adding two pieces of ice and taking a big sip, I felt my anxiety was relieved a lot.

This feeling of waiting for something to happen is really unpleasant...

But the only news that made him feel better was that the share prices of Rio Tinto and BHP Billiton had suddenly fluctuated recently.

And it is still fluctuating downward, and it seems that it has no intention of stopping yet.

It is said that there is something wrong not with their iron ore, but with their cobalt mine.

It was the same problem as their copper concentrate. Suddenly, the Longguo people stopped importing cobalt ore from overseas.

Damn, what's going on?

You must know that Longguo has previously found out that it is a cobalt-poor country, and their domestic cobalt ore reserves are less than one percent of the world's.

Many projects in modern industry are inseparable from this rare metal.

Especially the electric vehicle project that they vigorously promote.

In the past, they did not vigorously develop ternary lithium because they lacked cobalt ore and nickel ore.

They are all imported from Africa, Indonesia, and the Kangaroo Country.

Several major rare metal mines in the world are basically controlled by Rio Tinto and BHP Billiton.

Originally, these rude kangaroos were still thinking of making a fortune from the people of the Dragon Kingdom by relying on these mineral resources.

Unexpectedly, I was slapped in the face this time.

Several battery manufacturing companies in Longguo suddenly announced their plans to enter the Sanyuanli industry.

They have even started to build factories, but the problem is that although their factories have been built, they have not imported cobalt concentrate powder and nickel concentrate powder from abroad.

These two rare metals are indispensable for manufacturing ternary lithium batteries.

Could it be that they invented some new technology that can bypass this ternary lithium battery?

This is impossible? Have they never announced to the public that they have made such a major breakthrough in technology before?

So what kind of medicine did they buy in the gourd?

Moreover, according to reports sent back by their informants, many battery companies in the Dragon Kingdom have actually refined large amounts of cobalt and nickel elements themselves.

But if they don't import large amounts of mineral powder from overseas, where do their raw materials come from?

Did it pop out from the cracks in the rocks?

It is said that Rio Tinto and BHP Billiton have gone crazy, and they are trying their best to figure out what is going on.

There is also Vale in Brazil, which has now sent a team to the Dragon Kingdom to lobby.

They also want to find out the situation. Previously, they were the main iron ore suppliers of Longguo.

But the problem is that like Rio Tinto and BHP Billiton, they don't just produce iron ore.

They also have a lot of copper concentrate, cobalt ore, nickel ore, and these rare metal ores.

At this time, Longguo suddenly began to reduce its purchase of various rare metal ores from abroad. These world-class mineral resource giants immediately panicked.

It is not even an exaggeration to say that there has been a widespread panic...

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