LB Group expects annual titanium sponge production capacity to reach 80kt by late 2023
2023-03-06 14:44:08 [Print]
Lomon Billions (LB) Group recently released that the company had been able to produce 50,000t per annum of titanium sponge since the end of 2022, with a monthly output of more than 4,000t, ranking first in the industry
. The company's Phase II of a 30ktpy rotor-grade titanium sponge technology upgrading project in Jinchang, Gansu, and a 30ktpy rotor-grade titanium sponge intelligent manufacturing and technology improvement project in Lufeng, Yunnan, will start commercial production by the end of 2023, when the company will be able to produce 80,000t of titanium sponge per year . Moreover, the company will construct several titanium projects in Panzhihua and other bases in the future.