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Life at The Top novel Chapter 841

“In recent years, we’ve dispatched more than a dozen exploration teams to search for new minerals, spending at least ten million annually. Aside from national mining enterprises, the Monty family has spent the most money among other private enterprises.

“Our hard work finally paid off. In the mountains of Hill County, we located this aluminum mine. In the preliminary exploration, we found at least ten million tons of aluminum ores, sufficient for continuous mining for ten years according to the annual mining volume of one million tons. Its value is no less than 90 billion.”

At that point, Conrad’s blank face revealed a rare excitement.

“Therefore, I plan to partner up with you to do this business.”

When Jasper was done listening, he raised his eyebrows slightly and said, “If that’s what you’re saying, Mr. Monty, then you can easily make a fortune from this aluminum mine yourself. Why would you want to share it with me?”

Conrad was not the slightest surprised by Jasper’s question. He replied, “Funds.”

“Like I said, Hill County is extremely poor. In order to develop a mine, the first thing you will need to do is build a road that leads directly to the mine so that heavy machinery can go in and out using the road.

“Judging from the current situation in Hill County, at least one billion Somer Dollars in investments is required to construct the road. Another tricky thing is that the minerals are located in the territory of provincial natural resources reserves. According to regulations, the vegetation and trees destroyed from building a mine will have to be replanted.

“That will be at least another billion in expenditure.

“Also, Hill County’s government once stated their conditions to me, saying that if I build a mine, the mining workers must be recruited from Hill County itself. That’s fine with me since building a mine requires workers, after all. But the problem here is the second condition. We must supply electricity and water to the towns and villages wherever the road passes.

“The expenditure is slightly lesser here, about 300 million Somer Dollars.

“In other words, excluding capital investment such as mining equipment and large amounts of employee safety equipment, as well as other funds, the additional expenditure required in the initial period to construct this aluminum mine is 2.3 billion Somer Dollars. In addition to that, we need at least three billion Somer Dollars in investment when the mining begin, and at least 500 million Somer Dollars for maintenance and operational costs in subsequent years.

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