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    Home > Coatings News > Paints and Coatings Market > Longbai Group: Actively looking for high-quality titanium mines at home and abroad, and expanding production through mergers and acquisitions at the right time

    Longbai Group: Actively looking for high-quality titanium mines at home and abroad, and expanding production through mergers and acquisitions at the right time

    • Last Update: 2022-05-11
    • Source: Internet
    • Author: User
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    Since the second half of 2020, the titanium dioxide industry has ushered in a boom in the expansion of lithium iron phosphate materials
    Then in 2021, a large number of titanium dioxide enterprises entered the field of iron phosphate and lithium iron phosphate materials
    According to the announcement of Longbai Group, its subsidiary Longbai New Materials invested and constructed the industrialization project of lithium-ion battery materials with an annual output of 200,000 tons (mainly constructing a lithium iron phosphate production line with an annual output of 200,000 tons and related supporting engineering facilities).
    The production line with a capacity of 50,000 tons has been completed and is now entering the trial production stage
    In addition, the company announced on February 9, 2022 that the first phase of the 25,000-ton production line of the artificial graphite anode material project for lithium-ion batteries with an annual output of 100,000 tons invested and constructed by the company's subsidiary China Carbon New Materials has been completed and is currently in trial operation.
    production stage
    Regarding issues related to the company's titanium resource reserves, Longbai Group's board secretary once revealed on the investor interaction platform that the company has titanium resources in Panzhihua and Yunnan, and at the same time, through its subsidiary Oriental Zirconium, has a minority stake in zirconium in Australia.
    Titanium resource
    Among them, the company's vanadium-titanium-magnetite resources in Panzhihua are the largest vanadium-titanium-magnetite in China, with an annual output of 15 million tons of raw ore, 3.
    8 million tons of iron concentrate, and 900,000 tons of titanium concentrate; as of the end of 2021, Panzhihua vanadium-titanium magnetite The mineable titanium reserves of the iron ore are about 7.
    62 million tons, the mineable iron reserves are about 72.
    93 million tons, and the mineable vanadium reserves are about 176,000 tons
    At the same time, the company is also actively looking for high-quality titanium ore at home and abroad, and will acquire and expand production at the right time
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