After the success of this cooperation, Mitsui & Co. not only provided Vale with products and technologies, but also actively provided financial assistance to the latter to help it expand its business scope. The two sides also had very close personnel exchanges. For example, Mitsui & Co. sent someone to serve as Vale's account manager, leading Mitsui & Co.'s account management team to stay in Brazil and promote various businesses with Vale on site.
Finally, in 2003, Mitsui once again acquired 15% of the shares of Brazil's Valepar S.A. - this company is the parent company that controls Vale!
At the same time, with the help of this 15% stake, Mitsui & Co. eventually acquired 18.4% of Valepar S.A. shares in one fell swoop, becoming the second largest shareholder after the Brazilian government.
Although CMM is also a large company, compared with Vale's 18.4% stake, the latter's value is obviously far greater than the former.
Mitsui & Co.'s operation this time is a typical example of making a small investment to gain a big return, and yet, they succeeded.
Mitsui & Co. has carried out similar operations in India, Chile, South America and Australia.
Mitsui & Co. finally completed its global iron ore layout by relying on these seemingly ineffective operations!
According to the information Yang Jing obtained from the future, the shares of iron ore producers that Mitsui & Co. controls overtly or covertly account for an average of about 8.4% of the shares of iron ore producers in the world!
In other words, Mitsui & Co. alone controls almost one-twelfth of the world's iron ore production!
This is definitely an extremely terrifying number, and also an extremely terrifying layout method!
It is no wonder that the Japanese are never afraid of iron ore price increases. Because no matter whether the price increases or not, the Japanese are the ultimate beneficiaries!
At present, the layout of Japan's four major conglomerates in iron ore has not been finalized, but at this stage, with the arrival of a wave of large-scale mergers of world mining companies, the Japanese are also accelerating this progress.
They are also well aware that taking advantage of the wave of mergers among the world's mining companies to speed up their layout would obviously be a way to achieve twice the result with half the effort, so they are now starting to accelerate.
What they probably didn't expect was that a financial crisis that had been brewing for a long time would interrupt this process, and this was a good opportunity for Yang Jing.
The erosion plan was carried out secretly and has been carried out almost to the end. Now we just need a good opportunity to carry out a more radical plunder of the previous erosion plan. It is like making dumplings. In the end, you need to use a pinch to finally make the dumplings.
Yang Jing wanted to take advantage of the Asian financial crisis that was about to begin next year to get this last bit of money, and finally swallow up the iron ore layout that Japan had carefully prepared for decades!
PS: I bow to thank “w温柔一刀” for the reward of 100.
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