For BHP for 25 years later, Ian ASHLEY decided to leave than.
 
Many Chinese steel enterprise boss had the President of business of iron ore in practice. This year mid-march, he also led a team in tangsteel, including China's steel enterprises research. After about a week, he returned to the known as "wild flowers" Australian port city of Perth, participate in there at a industry conference. Shortly, BHP official statement issued by Ian ASHLEY announced than will be on June 30 officially leaving the company, but didn't explain the specific reason.
 
May 29,, BHP GaoRuiSi President in Beijing to accept our reporter interview, he say to our newspaper about ASHLEY resignation of reason than "GaoRuiSi" version: BHP main business managers place of work including Perth, Adelaide, Brisbane, Johannesburg, San Diego, Houston, Sydney, and so on, vary. "We asked Ian, to the next station go where? Ian said," when I was born and brought up in Melbourne, but I have 20 years have never returned home, so hope to return home, 'this is his reasons for leaving."
 
According to his statement, BHP each product department key management, every four to five years will rotate, Ian ASHLEY responsible for iron ore business has been Mr Than for eight years, this is very long.
GaoRuiSi through the deliberately to weaken the outside world to downplay of BHP adverse guess, Ian ASHLEY than reason for leaving the company is just one of them. Speculation he is leaving because in iron ore business development, he and GaoRuiSi produced directional differences.
 
Ian ASHLEY than in March that the industry conference in Perth, Australia, say a trigger the world largest mining company valuations fall market value of the conclusion: China's iron ore demand growth rate will drop to single digits, China's economy is transformation, is changing, steel demand growth will slow.
 
This conclusion is appalling. Steel is infrastructure construction and industrial investment necessities, its stop growing, means that when Chinese new investment influx has zero, and this has been pulled the Chinese economy and BHP earnings growth huge engine. Not long ago, GaoRuiSi also believe that China's steel output will reach an astonishing 1.1 billion tons, which continue to drive for iron ore and other minerals of the huge demand, Ian ASHLEY is with this than say almost completely opposite words.
 
The directional differences show is, China and global market downturn of the performance and economic crisis continued, let the world's largest mining giant for its development strategy was struggling.
GaoRuiSi visit China's two weeks ago, BHP chairman Jacques nasser announced plans to cut $80 billion investment plan of group. This plan, it is in February 2011 GaoRuiSi by myself to the time has shown slightly hyperactive investors that.
 
80 billion expansion beyond
 
On May 29, GaoRuiSi explained to our newspaper, "in the 18 months ago, we all investors are asking us, if the situation is good, what are your investment plan? So we put forward some investment choice." GaoRuiSi was going to use this $80 billion to expand the iron ore, copper, coal three product capacity.
 
But, "market growth rate than we expected more slowly, so although we have these investment choices, but we will choose a suitable moment to invest." GaoRuiSi said. In the past six months to a year, GaoRuiSi has this obvious strategic adjustment and the main investors in communication. This time, BHP's net profit has slipped, 2011 in the second half of BHP's net profit of $9.9 billion, more than $10.5 billion for the same period in 2010 declined 5.5%.
 
The past few years does not need the money, and has been full of expansion and purchase the impulse of the mining giant began breathing hard. GaoRuiSi slightly regret to admit that, "in fact in a year and a half to two years ago, we should have more clearly to these investors to convey: only when the situation is good, we will do this investment and if the situation isn't good, we do not need to do these investment."
Obviously the current is not a good situation. The global economy is still in the shrinking, China has started a new round of controversial investment in order to prevent the economic change in the year of significant slowdown in there, but the whole market face of demand, the price of the ore downlink situation.
 
This was a no end of the economic crisis continues to spread, only China in a 2009 the needle four trillion boost let the world mining enterprise mistakenly think that spring has come. Now they need to adjust the illusion.
 
BHP set in 2010 by the plan is to mine the additional investment will be iron ore production expansion to 240 million tons. GaoRuiSi said, "if want to more than this, you will need a capacity for large-scale investment. In doing this is before I invest, we also need to analyze and judge China the trend of the market." 2025 up to 1.1 billion tons of steel production. This is the BHP to China research out of the results.
 
In order to get the Numbers, BHP established the global steel model, and the research of China's urbanization rate, urban development, and the ways in which Chinese city of the building structure, height, among them off with how many steel (4096, 1.00, 0.02%) and so on.
Polite, or strong
 
GaoRuiSi, the from Johannesburg, South Africa's mining giant, early once participated in South Africa and Angola's war. In 2001 the company and BHP will and company before merger, BHP's CEO Jill "phase as a successor, fully involved BHP's form. An interview, he quickly, eyes focused tone, and time to smile.
 
Under the leadership of the GaoRuiSi BHP, main business department of internal leader will impart according to need, in which some are like Ian ASHLEY as simply choose GaoLao than return or for another elsewhere. GaoRuiSi choose Ian ASHLEY successor is Jimmy Wilson (JimmyWil-son), he had respectively responsible for BHP in coal mine, chromium, nickel ore aspects of the business, and in this post he'll probably be about five years time.
 
In the past two years, though the Chinese see the outside world leaders frequent change, the Chinese management structure also changed, but he said, all other major products in China the department's management and sales team is very stable, such as iron ore, manganese or the person in charge of the coal is not change, and realize the localization.
 
At the end of 2010, BHP China President this left wei, a few months later, the new President ChenCai jade board. But China enterprise affairs and strategic vice President LvJianZhong also late last year to leave, this year march that they elected the OuYangJun LvJian successor.
GaoRuiSi said, "I lost the feel for wei was very sad, because he is a good friend of mine, I was advised him not to leave, said that it is wrong decision, but he would not listen to me, but even today, he is my good friend." "There was a book, you describe become a surface soft-spoken, actually is a very strong power." "Really? Must be my child of the book written. How can they be so write me?" He in such a way that the response.
 
GaoRuiSi said, "I think the company for what we're made of performance or satisfied. Personally, I have for BHP service 20 years. I do CEO has also five years. In the year is well, anyone can relatively calmly management company. And in the year when bad, or in the process of adjustment, you need a lot of deliberation."
 
Look, several times the purchase of larger failure, not endanger the board of directors and management to the GaoRuiSi trust. He said, "when we have to do some hard decisions, we are getting the understanding and trust of the board of directors and management, whatever. The company's major decisions, the directors will be very thinking seriously. For example, iron ore mine tax, financial crisis, and pricing for the purchase of Rio tinto, the board of directors are closely involved in."
 
GaoRuiSi so the evaluation those who fail to buy, "for acquisition, we can take an opportunistic way to look at it, the purchase is itself a try. In the future, we may also will continue to it a try, maybe we succeed, we create value. If you don't succeed, that can only say it."


 



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