LB Group's titanium dioxide production capacity to exceed 1.5Mtpy during 14th Five-Year Plan Period

Lomon Billions Group (LB Group) announced on an interactive platform with investors on May 22 that, according to the company's 14th five-year plan (2021-2025), it shall produce over 1,500,000t of titanium dioxide and 80,000-100,000t of each titanium sponge and titanium alloy per year, and meanwhile make breakthroughs in the fields of new energy battery materials, mine exploitation, smart manufacturing and circular economy, striving to achieve a revenue target of RMB50 billion (USD7.Asian Metal CopyrightLomon Billions Group LB Group announced on an interactive platform with investors on May 22 that, according to the company's 14th five-year plan 2021-2025, it shall produce over 1,500,000t of titanium dioxide and 80,000-100,000t of each titanium sponge and titanium alloy per year, and meanwhile make breakthroughs in the fields of new energy battery materials, mine exploitation, smart manufacturing and circular economy, striving to achieve a revenue target of RMB50 billion USD7.Asian Metal Copyright5 billion) by the end of 2025.
.Asian Metal Copyright5 billion by the end of 2025Asian Metal Copyright