Longbai Group: The company owns a large vanadium-titanium-magnetite mine in Panzhihua. By the end of 2020, the mineable titanium reserves are about 8.2 million tons

Every time we pass the AI ​​Express, some investors ask questions on the investor interaction platform: May I ask the company to announce that the product price increase from January 1st will be implemented now? Is the market currently accepting price increases? And is the company and Panzhihua Steel alum a competitor or a partner? Does the company have mines in Sichuan?

Longbai Group (002601.
SZ) stated on the investor interactive platform on January 9 that the company closely tracks the trend of titanium dioxide prices and changes in supply and demand, and timely adjusts the price of titanium dioxide products
.
The company and Panzhihua Iron and Steel have both the same product sales and business contacts
.
The company owns a large vanadium-titanium magnetite mine in Panzhihua.
By the end of 2020, the mineable titanium reserves are about 8.
2 million tons, the mineable iron reserves are about 79.
7 million tons, and the mineable vanadium reserves are about 200,000 tons
.