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    Home > Coatings News > Paints and Coatings Market > Over one million tons of zirconium-titanium ore shipped back to the domestic Jinan Yuxiao Group project to achieve an increase in production and growth

    Over one million tons of zirconium-titanium ore shipped back to the domestic Jinan Yuxiao Group project to achieve an increase in production and growth

    • Last Update: 2021-12-24
    • Source: Internet
    • Author: User
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    December 8, carrying 70,200 tons of zirconium titanium "MV.
    YUXIAO2" and "MV.
    QILINSONG" ore freighter, sailing from 23:30 local time in Mozambique to Quelimane Fu
    .
    This is the 96th ocean return since Jinan Yuxiao Group invested in the construction of a zirconium-titanium ore project in Mozambique
    .
    The returned ore will arrive in Hong Kong before the end of the year and will be transported to the concentrator for sorting after customs declaration, valuation, tax declaration, and commodity inspection
    .
    Figure 1: Jinan Yuxiao Group will start ocean transportation business in 2020, and fully break the bottleneck of China-Morocco cargo transportation
    .
    So far, in 2021, the Jinan Yuxiao Group's zirconium-titanium ore project has returned a total of 21 cargo ships, with a total cargo volume of more than 1 million tons, an increase of 43% year-on-year, marking the group’s 700,000 tons of zirconium-titanium ore per year of the Group Africa Great Wall Mining Development Co.
    , Ltd.
    The mining project and the 300,000 tons/year zirconium-titanium mining project of Mozambique Heavy Sand Co.
    , Ltd.
    have successfully completed the increase in production and growth
    .
    Figure 2: The goods are transported back to China after being loaded by barge.
    The zirconium-titanium ore returned will be widely used in precision casting, advanced refractory materials , aerospace and other industries
    .
    In recent years, the price of zirconium-titanium ore in the international market has fluctuated greatly
    .
    Domestic resources of zirconium and titanium are limited.
    More than 60% of titanium raw materials and more than 95% of zirconium raw materials are imported
    .
    Affected by the increasing demand, the improvement of the industry's supply and demand pattern, and the tightening of environmental protection measures, the upstream and downstream prices of the zirconium and titanium industry have surged across the board, and the industry's prosperity has continued to rise
    .
    Jinan Yuxiao Group entered the Mozambique mineral market in 2006.
    The total proven metal resources of the zirconium-titanium deposits in Mozambique held in Mozambique exceeded 100 million tons
    .
    In order to adapt to the development of the international market and meet the needs of the company’s own development, the Group’s investment business in Mozambique has continued to expand and its influence has increased, especially in terms of obtaining mineral rights, exploration, and mining and utilization.
    High attention
    .
    Among them, multiple zirconium-titanium ore mining and sub-options are put into production to generate income.
    Radiation has promoted the development of local infrastructure construction and service industry, and promoted the balanced development of the local economy
    .
    At present, Jinan Yuxiao Group has formed a strategic development pattern of collectivization, diversification and internationalization
    .
    Since the outbreak of the new crown epidemic, the international marine dry bulk market demand has been strong, shipping prices have risen, and freight resources have become increasingly important
    .
    The "14th Five-Year Plan" plans to build a new development pattern of "dual cycles", in which the development of shipping of mineral resources is important for accelerating Chinese companies going to sea, ensuring long-term economic development, or for creating a safe and controllable international supply chain.
    Especially important
    .
    To this end, Jinan Yuxiao Group is actively taking the lead in developing shipping business from China to Mozambique, coordinating development with mineral mining, creating an internationally competitive shipping hub, promoting the formation of a new maritime channel between China and Mozambique, and contributing to the vertical and horizontal development of the zirconium and titanium industry.
    Jointly lay a solid foundation to help Chinese companies to seek development along the “Belt and Road” route, and better serve the transformation and upgrading of China's shipping industry and build a new development pattern of “dual cycles”
    .
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