Longyu Li investment two projects to upgrade the main business

days ago, Longyu Li announced that the company's two subsidiaries intend to invest 1.98 billion yuan, 1.51 billion yuan, new 30,000 tons / year high-end titanium alloy new materialproject and 500,000 tons / year Panxi titanium concentrate upgrade conversion of titanium chloride slag innovation project, the construction cycle is 2 yearsspecifically, 30,000 tons / year high-end titanium alloy new materials project by the company's new materials company responsible for investment and construction, the use of advanced technology to build low-cost sponge titanium production equipment, the development of high-end titanium alloy materials, to create a more complete advanced titanium industry system500,000 tons / year Panxi titanium concentrate upgrade conversion of titanium chloride slag innovation project project by Sichuan Longyu Mining and Metallurgy Co., Ltdinvestment and construction, the construction scale of annual production of 300,000 tons of titanium chloride slag base material, high-quality iron 200,000 tonsLongyu li said that the construction and production of new projects is conducive to further promote the company's titanium concentrate - titanium chloride slag - chlorinated titanium dioxide - sponge titanium - titanium alloy optimization and upgrading of the entire industrial chain