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Chapter 446 Collusion(2/2)

To be honest, he definitely didn't want to see Cao Mo get better, but he was still afraid that if Cao Mo broke out, he would directly use the power of Oyo Governor Blake to attack the Catero Steel Plant.

Ryan Fortis came to him to give him advice. If there were not enough benefits, would he dare to wade into this muddy water at this time?

"Mr. Fortis, you think the Bosuo Iron Mine is a small problem, but I want to tell Mr. Fortis that anything Cao Mo gets involved in will not be simple." Liang Yuan deliberately pushed the issue of the Bosuo mine to Cao Mo.

I want to see what Ryan Fortis has to say.

“If I remember correctly, when Oyo State developed the Boso Iron Mine, it borrowed US$60 million from the Draculamo Bank. Today, the Boso Iron Mine has defaulted on the borrowings from the Draculamo Bank, including the interest, and the total debt owed to the Draculamo Bank should be

It’s more than 200 million U.S. dollars,” said Ryan Fortis. “As the foreign shareholder holding more than 40% of the shares of Draculamore Bank, the Evans Foundation actually does not want to see the Catero Steel Plant get rid of Bo.

Iron ore is purchased separately from Akwa...I may be able to introduce it to Mr. Moberly, who is responsible for contacting Draculamore Bank for the Foundation!"

As the most prosperous city in the Gulf of Guinea and the heart of black Africa, Dracula Moor is naturally the core base of the Evans Foundation in this land.

Liang Yuan has long been aware of Draculamo Bank's loan to the Bosso Iron Mine and the fact that the Evans Foundation actually controls Draculamo Bank, the largest financial institution in the Gulf of Guinea, behind the scenes.

When he was investigating whether the Evans Foundation was involved in the Bosso miners, he noticed the special relationship between Ryan Fortis and Badine Savvy. He had approached them with the mentality of causing trouble, but he didn't expect that he

It wasn't taken seriously and it was very boring.

Of course, if Ryan Fortis is willing to come forward and speak out, the issue of the Boso miners will no longer be unresolved.

The Bosso Iron Mine is located in the easternmost part of Oyo State. It was initially constructed simultaneously with the Catero Steel Plant. At that time, the Kanem military government wanted to build the largest steel base in Africa in the eastern part of Oyo State. In fact, the first phase of the project was only

It was built with great difficulty.

The Bosso Iron Ore Concentrator did not invest in the construction, nor did it invest in the construction of the railway between the mine and the Catero Steel Plant. Instead, it relied on rugged and circuitous mountain roads to transport iron ore 200 kilometers away directly into the steel plant.

The furnace cannot achieve economies of scale at all.

The Catero Steel Plant is still in operation until now.

Huamao, together with the New Steel Alliance, Liang Yuan and the Taihua Group at the time, invested a total of US$100 million to establish Xihai Steel in Draculamo, fully acquired the Catero Steel Plant, and borrowed US$80 million from the Export-Import Bank of China.

U.S. dollars to renovate and expand the Catero Steel Plant.

At that time, the Oyo State government promised to close the Bosso Iron Mine, and Xihai Steel would directly purchase high-quality concentrated iron ore from the Mamba area of ​​Akwa and send it to the furnace. To this end, it also built a coal and iron terminal in the middle reaches of the Ogun River.

.

The Oyo State government kept its promise, but hundreds of Boso miners organized themselves to cause trouble. Governor Blake stood aside and watched. Who among the other officials would be willing, or who had the power, to step in and forcefully disperse the troubled miners?

Of course, it is not impossible to accept the supply of Bosuo iron ore, but first of all, a concentrator must be built in Boso, and at the same time, a railway must be built between Boso and Catero. Only then can it be possible to ensure that the Catero steel plant has considerable future prospects.

Profit prospects.

Whether it is New Steel United or Huamao, it is not that they are unwilling to make additional investments.

The debts and equity of the Bosuo Iron Mine are complex. If this problem is not solved, neither New Steel Union nor Huamao will blindly spend another two to three billion US dollars, even if the money in their hands is blown by the strong wind.

Come in!

Ryan Fortis was willing to come forward. When Liang Yuan saw that there was an opportunity to resolve this matter, he suddenly became excited and happily patted Ryan Fortis's hand and said: "Mr. Fortis, you have to believe that it is definitely not the only one."
Chapter completed!
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