LB Group to build comprehensive recycling demonstration project of titanium dioxide and other products
2021-10-26 17:30:12 [Print]
LB Group announced that its wholly-owned subsidiary, Sichuan Lomon Mining and Metallurgy Co., Ltd., plans to invest in the construction of a comprehensive recovery demonstration project of titanium dioxide by chlorination process, vanadium, scandium and other rare metals (with 1 million tons of high-salt wastewater treatment project). The project would produce 200,000 tons of high-grade titanium dioxide by chlorination process, 43,000 tons of hydrochloric acid, 100,000 tons of caustic soda, 400 tons of vanadium pentoxide and 20 tons of scandium oxide annually. The total investment of the project is 350,000 million yuan (54,845 million US dollars), and the construction period is 4 years and 6 months.
Titanium Dioxide Rutile, 93%min FOB China
Unit:USD/mt
China titanium dioxide producers' inventory to production ratio statistics by province by month
Unit: %
