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We have all heard about men or women meeting with extraordinary success, having become important industrial and financial powers today, and who began with nothing or almost. Their success, often overwhelming, is mostly the fruit of perseverance, of a sharp and clear intelligence, of audacious courage, matched with a rare capacity to find innovative solutions and to estimate the taking of risks... The career of the Italian tycoon Giovanni Calabro, barely 40 years old today, is an edifying example of the commitments and challenges to which these outstanding personalities are confronted. From the start out to success, here is the career of a talented entrepreneur.
With a law diploma in his pocket (with distinction) the young Giovanni Calabro started out in the small family construction firm in Italy. He is also a music enthusiast (he has a music conservatory
SUCCESS
the key to
diploma), and is an accomplished sportsman (car rallies, boxing, football). He was barely 23 years old when he decided to go on his own and created his company, the present name of which is Calfinint, which 17 years later became an important holding company gathering some thirty powerful associates. This holding company developed its activities in manifold areas. Property promotion to begin with, particularly numerous fulfilments in the Middle East (Dubai, Riad, Abu Dhabi) and in Italy, where it concentrated on the purchase of building lands intended for the development of tourist and hotel plans. But besides a musical production company (his hobby), and investments in the field of health services, it is especially in pure finance that Giovanni Calabro orientated the activities of Calfinint, which holds the first European position today in redemption of credits and debts of States and to banking establishments. Thanks to these activities and according to reliable financial sources, the Net Asset Value of Calfinint is to this day more than 5 billion euros.
Mining effervescence and a shower of dollars to boost the mining industry occur when the USA pull out all the stops to assure the independence of their supplies
What does the term strategic precisely mean? These are critical metals because : they are essential in an economic activity such as health, security or defence. They were often neglected and abandoned by the mining activity. Rhodium (its price was multiplied by six in two years, passing from 1 000 $ an ounce to 6 000 $ an ounce) is necessary in the catalytic converters of the car industry, platinum is a catalyst for which there is no substitute in certain chemical reactions, molybdenum is necessary to steels in aeronautics and to oil well boring, lithium and rare earths are used by advanced electronics. Being rare is not everything. Rare earths, do not deserve their name and are found in abounding quantity everywhere. But following environmental pressures, the USA have ceased all extractions. The monopoly is consequently detained by China, bismuth, chromium, cobalt, copper, tin, indium, nickel, selenium, titanium, wolfram and zinc. If the mention of copper can make one laugh, the Federal Reserve Bank of Chicago recalled however in February 2007 the idea of progressively withdrawing the
penny from circulation to avoid its recycling at the market price (more important than the facial value of the coin). In concrete terms, it is going to mean a shower of dollars on the activities of canvassing and of recycling, of taking of financial interests in mines located in friendly countries, the creation of strategic supplies... The activities of Calfinit in the area of strategic raw materials therefore have sunny days in front of them.
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