The project to upgrade and convert titanium chloride slag from long-scale titanium ore was approved

On April 9th, Long Yuli (Securities Code: 002601) announced that the "Proposal on investing in the construction of 500,000 tons of Phang Cymite's upgraded and converted titanium chloride slag innovation project" and "Proposal on investing in the construction of a new material project with an annual output of 30,000 tons of high-end titanium alloy" were considered and approved at the 15th meeting of the 6th Board of Directors of Longyu Lilian Group Co., Ltd. on April 8.
It is understood that the two subsidiaries of Longyuli Company intend to invest 1.98 billion yuan, 1.51 billion yuan each to build a new high-end titanium alloy with an annual output of 30,000 tons of new materials and 500,000 tons of Phang Cymodium ore upgrade conversion titanium chloride slag innovation project, the construction cycle is 2 years.
, the annual output of 30,000 tons of high-end titanium alloy new materials project by the company's Henan Yulilian New Materials Co., Ltd. is responsible for investment in the construction of

. Titanium alloy materials are widely used in chemical, aerospace, military, electric power, navigation, medical and other industries, with the development of the economy, the market demand for high-end titanium alloy materials will increase day by day. The project will make full use of the company's existing large-scale titanium-rich production equipment, large-scale boiling titanium chloride production plant and many years of titanium industry production experience, the use of advanced technology to build low-cost sponge titanium production equipment, the development of high-end titanium alloy materials, conducive to further promote the company's titanium essence - titanium chloride slag - Chlorinated titanium dioxide - sponge titanium - titanium alloy industry chain optimization and upgrading, to achieve the "do deep to do fine titanium products, do fine titanium derivatives" development goals, to create a more complete advanced titanium industry system, enhance the company's profitability and core competitiveness, promote sustainable development of enterprises.
And 500,000 tons of Phang Cymite upgrade conversion titanium chloride slag innovation project by the Sichuan Longyu Mining and Metallurgy Co., Ltd. investment and construction, the construction scale of the project for an annual output of 300,000 tons of titanium chloride base material, high-quality iron 200,000 tons. The project upgraded titanium essentials to titanium chloride slag while obtaining high-quality iron. Titanium chloride slag used in the production of titanium dioxide chloride can increase the utilization value of titanium concentration several times, is not only in line with national industrial policy, but also suitable for the regional characteristics of Panzhihua environmental protection, economy, comprehensive deep utilization of resources, can greatly improve the utilization value of titanium concentration.