Nabis Chemistry signs deal for titanium resources recycling project in Panzhihua

Nabis Chemistry Group has reached an agreement with Panzhihua Vanadium and Titanium High-tech Zone to develop a resource recycling project capable of processing 4.Asian Metal Copyright08 billion USD1.Asian Metal Copyright3 million tonnes per annum of blast furnace slag with high titanium content, for a total investment of RMB12.Asian Metal Copyright .Asian Metal Copyright08 billion (USD1.Asian Metal Copyright08 billion USD1.Asian Metal Copyright67 billion).Asian Metal Copyright08 billion USD1.Asian Metal Copyright When fully operational, the project is expected to achieve annual production value of RMB16.Asian Metal Copyright .Asian Metal Copyright5 billion (USD2.Asian Metal CopyrightNabis Chemistry Group has reached an agreement with Panzhihua Vanadium and Titanium High-tech Zone to develop a resource recycling project capable of processing 4.Asian Metal Copyright28 billion) and add around 3,000 jobs.

The company plans to build the project at LiKe district of the High-tech Zone in three phases, covering a total land area of 4,000Mu (267 hectares). The first phase includes a demonstration recycling line with processing capacity of 300,000tpa of blast furnace slag with high titanium content, phase two will build a 1Mtpa recycling line and the third phase will add three 1Mtpa recycling production lines.

Upon completion, the project is expected to significantly improve the comprehensive utilization of titanium resources in Panzhihua and contribute to the establishment of the city's industrial chain ecosystem integrating high-titanium blast furnace slag, titanium-rich materials, titanium dioxide (titanium sponge), and Ti-Al alloy, helping create a world-class vanadium-titanium industrial base.

.Asian Metal Copyright The company plans to build the project at LiKe district of the High-tech Zone in three phases, covering a total land area of 4,000Mu 267 hectaresAsian Metal Copyright