Anning Iron and Titanium to establish a vanadium & titanium new material company
2021-04-27 16:35:33 [Print]
Anning Iron and Titanium Co., Ltd. announced on April 26 that the company plans to set up Panzhihua Anning Vanadium and Titanium New Materials Co., Ltd. (provisional name, hereinafter referred to as "Anning Materials") with its own capital of RMB100 million (USD15.43 million), and take Anning Materials as the company to be responsible for the construction, management and operation of the first phase of the large-scale and efficient clean separation and extraction demonstration project of vanadium-titanium magnetite. The first phase of the demonstration project is planned to be invested in RMB1.5 billion (USD0.23 billion) to achieve an annual output of 200,000 tons of titanium-rich materials and 200,000 tons of mechanical casting micro-alloy materials.
The project is constructed by stages, and it will realize an annual output of 1 million tons of titanium-rich materials and 1 million tons of mechanical casting micro-alloy materials after construction. The first phase of the project is expected to be completed in December 2023.
The project is constructed by stages, and it will realize an annual output of 1 million tons of titanium-rich materials and 1 million tons of mechanical casting micro-alloy materials after construction. The first phase of the project is expected to be completed in December 2023.
Ilmenite Conc TiO2 50%min; Fe 30%min; In port China
Unit:RMB/mt
China titanium tetrachloride producers' sales to production ratio statistics by province by month
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