I Inherited 5,000 Years of Family Property

Contributing to global warming, what a noble ideal!

But has anyone ever heard of buying up all the petrochemical fuels for energy conservation and emission reduction? Just how much money would that take?

Does Zhang Menglong also plan to buy up all the world’s munitions for the sake of world peace?

This reason, in Oliver’s ears, was more than absurd; it was downright idiotic!

And if all the coal mined from their coalfields were sold to Zhang Menglong, what about those major coal-importing countries with long-term contracts? If shipments were to stop, not only would they face huge compensation claims, someone might even sue them under the Monopoly Law.

"Mr. Zhang, don’t joke with me, how could you possibly use more than a hundred million tons of coal in a year?" Oliver said, "If you need some, a few hundred or thousand tons, I’d have no problem giving it to you."

"Well, Mr. Oliver," Zhang Menglong saw no need to keep him in the dark, "my actual goal is to prevent you from selling the coalfield to Kaibong."

"Kaibong?" Oliver was startled; he was aware of the deep historical issues between Huaxia and Kaibong, even now many Huaxia people harbored animosity towards Kaibong, but what did that have to do with this act?

"They’ve upset me, so I don’t want them to be happy," Zhang Menglong stated.

"Just for that reason?" Oliver’s eyes widened.

Does the world’s wealthiest man really not care about money? Just for some petty happiness, Zhang Menglong almost whipped out tens of trillions of US dollars!

Wanting to be happy—could he not indulge in good food, play with beautiful, sexy things with those tens of trillions of US dollars? Even if Kaibong offended him, wouldn’t it be more cost-effective to use that money to smash their currency market or to buy out their enterprises?

Although tens of trillions can generate much more daily value, it’d take at least three hundred years to exhaust all of Australia’s coal, and Zhang Menglong would be dead before breaking even.

No matter how hard he racked his brains, Oliver couldn’t fathom why Zhang Menglong would choose this path.

"Mr. Zhang, I’ll be frank with you. We have a long-term cooperation agreement with Kaibong, and we have to sell them at least 50 million tons of high-quality coal each day and year."

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"Since it’s business, there’s always room for negotiation," Zhang Menglong chuckled, "Does Australian law stipulate that you can only sell your coal to Kaibong?"

"That, it does not..."

"There you go, then. It’s just a matter of money," Zhang Menglong said. "How much per ton do you sell your coal to Kaibong for?"

"The price for coal exported to Kaibong fluctuates between 50 and 100 US dollars a ton; based on the situation in the first two months of this year, it has been stable at 62 US dollars per ton," Oliver answered truthfully.

"Sell me the portion you sell to Kaibong. I’ll pay 200 US dollars per ton!"

"Hiss!" Oliver felt a sharp pang in his molars. With that opening bid, Zhang Menglong had raised the price by more than threefold.

Even in the best year, the highest price they got selling to Kaibong was only 102 US dollars a ton.

With the impact of the global pandemic, import and export activities have become much more difficult, and that price of 62 US dollars a ton was already very good; they had never even imagined 200 US dollars a ton! Your journey continues with novelbuddy

"Mr. Zhang, it’s not that we’re unwilling; it’s that..."

"How much is the penalty for breach of contract?"

"The penalty is 1 billion US dollars, but..."

"Ding!" Oliver’s phone vibrated with a message from Swiss Bank.

"Dear Mr. Oliver, you have received a deposit of 1 billion US dollars into your account xxxxxx at our bank."

"Fuck!"

Oliver, a veteran of the business world for decades, had made countless deals, but he had never encountered someone like Zhang Menglong—who just wired 1 billion US dollars without a word! The deal was not even closed, and they already got the potential penalty paid? If everyone in the world did business like him, they’d make no fucking money at all!

"Mr. Zhang, it’s not about the penalty for breach of contract, it’s just..."

"300 US dollars per ton!"

"Mr. Zhang, I really..."

"400 US dollars per ton!"

"Mr. Zhang, you win!" Oliver rolled his eyes outright, "This year’s coal quota for Kaibong is yours!"

After all, Oliver was a pure businessman; the price of coal had increased more than sixfold. When had the world ever seen coal at 400 US dollars a ton?

The Bowen Coalfield wasn’t solely owned by Oliver. His company had other shareholders, and their relationship with the people of Kaibong was strictly business; there was no personal rapport.

If such a huge deal weren’t struck, not only would Oliver find it impossible to forgive himself, but the shareholders might band together and impeach him on the spot!

"Mr. Oliver, there’s a personal favor I’d like to ask of you," said Zhang Menglong.

"Tell me, what else I can do for you," Oliver had left his contact information with the hope of making acquaintances with the young man, perhaps to engage in some business.

And just this brief phone call had already netted a deal close to several tens of billions of US dollars. Wasn’t this what he wanted all along? With this one transaction alone, his assets could increase by tens of billions of US dollars!

"How much do you know about the global coal supply chain?"

"Hahaha, I’ve been in this circle for decades. In this industry, there’s likely nothing I don’t know."

"Reliable!" Zhang Menglong laughed, "I hope Mr. Oliver can help me find out from which coalfields Kaibong imports its coal."

"I can give you the answer to that now," Oliver laughed. "We keep records of all our partners’ basic information."

"Last year, Kaibong imported 178 million tons from us in Australia; our Bowen Coalfield, 80 million tons; Sydney Coalfield, 50 million tons; Latrobe Valley Coalfield, 30 million tons; and various other small amounts totaling 18 million tons, while Yinhei’s 32 million tons came from the South Sumatra Coalfield and 21 million tons from Tsarist Russia’s Berchora Coalfield."

"I have quite a lot of business dealings with the owners of these coalfields, so our relationships are pretty good!"

"Then, Mr. Oliver, could you pass a message to those owners for me?" said Zhang Menglong. "For the coal sold to Kaibong, I’ll buy it all at double the price, and I’ll also cover the penalty for breach of contract!"

"This year, I want them to not be able to buy a single bit!" Zhang Menglong’s face showed a fierce light.

To forge a monopoly on new land resources? Fine, he would fight fire with fire!

You see, although the world’s annual coal production was substantial, the proportion available for export was almost always fixed!

Moreover, due to global warming, countries worldwide were adopting policies; it wasn’t a case of mining as much coal as the market demanded.

The annual production was set, and so was the export volume; once sold out, there was no more, making coal export resources highly coveted.

Zhang Menglong had wrapped up all the coal quotas belonging to Kaibong. For them to seek other import channels in a short time was nothing short of a pipe dream!

It could be anticipated that, for the coming period, the entire nation of Kaibong would be plunged into a shortage of coal resources.

"You really aren’t leaving them any way out!" Oliver said with a wry smile.

"Then I’ll be waiting for the good news from you, Mr. Oliver!" Zhang Menglong laughed as he hung up the phone.

"Hong Yi, how long will it take to cut off Kaibong’s natural gas supply?"

"Mr. Zhang, at the earliest, a day and a half!"

"Good, cut them off!" Zhang Menglong laughed. "I want to see how long they can last with only nuclear and renewable energy generation!"