Longbai Group (002601.SZ) plans to build a 7 million tons of green and efficient beneficiation project to ensure the supply of titanium ore

According to the announcement, the project will add 7 million tons of raw ore per year, 1.
6 million tons of iron ore, 400,000 tons of titanium concentrate, and 15,000 tons of sulphur cobalt concentrate per year
.
After the completion of the project, the company's raw ore processing capacity will be 22 million tons/year, and it will be able to produce 5 million tons/year of iron concentrate, 1.
2 million tons/year of titanium concentrate, and 50,000 tons/year of sulphur-cobalt concentrate
.
It is reported that the mining and metallurgical company has made breakthrough progress in the recovery of ore from waste rock, the use of new type of coarse-grained (broken size) high-efficiency tailing equipment, a new high-concentration flotation reagent system, and the development of new flotation reagents.
The technical indicators for comprehensive utilization of vanadium-titanium magnetite resources have been greatly improved
.
The implementation of this project further guarantees the company’s long-term and stable supply of raw materials.
It not only obtains high-quality iron ore concentrates, but also fully recovers titanium in resources, and at the same time recovers cobalt and other sulfides, for the comprehensive development and utilization of Hongge vanadium-titanium magnetite Resources lay the foundation and consolidate the dominant position in the industry
.