Tianyuan Group joined hands with Panzhihua State Investment to lay out the titanium mining industry, titanium crystal ore prices may rise.

Tianyuan Group recently announced that the company will be with Panzhihua City State-owned Investment (Group) Co., Ltd. (West City, "Panzhihua State Investment") signed a strategic cooperation framework agreement, the two sides will give full play to their respective resources and advantages, around the field of titanium industry in the field of industrial mergers and acquisitions, industrial resources integration, market development, titanium chemical technology development and other aspects of strategic cooperation.
It is understood that Tianyuan Group is the largest advantage of chlor-alkali enterprises in the southwest with a history of more than 70 years, based on the existing chlor-alkali industry cycle to expand the industrial chain and value extension, into the titanium chemical and lithium-electric materials industry. At present, it has a complete "resource energy- chlor-alkali chemical products - chemical new materials and new energy battery materials" integrated cycle industry chain, forming a wider range of upstream and downstream good industrial synergies

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as a strategic emerging industry, the state and Sichuan Province strongly encourage the industry to support development. In China, the share of titanium dioxide by chloride instead of titanium dioxide by sulfate is showing an unstoppable trend, and with the continuous improvement of people's living standards, titanium dioxide chloride has great potential for growth and development. In recent years, titanium dioxide is still in the boom cycle, product prices are on the rise.
Tianyuan Group's 2019 semi-annual report shows that through the investment project, the investment and construction of an annual output of 50,000 tons of chlorinated titanium dioxide powder, medium-term planning reached an annual output of 300,000 tons.
it is learned that titanium ore is one of the main raw materials for the production of titanium dioxide, and titanium ore in Phang Cymal is an important strategic resource for the development of the domestic titanium chemical industry, and an important support for the realization of the competitive strategy for the localization of raw materials.
previously reported that 93% of China's titanium resources are concentrated in the Panzhihua Kaxichuan area, but the open-pit mining of titanium resources are still relatively limited. With less than a year of resources, there has been a tight supply of titanium mines in Phang d'Ath since 2019. Now titanium dioxide enterprises are getting bigger and bigger. While market demand has increased, the supply of the entire PwC region has not increased in recent years, coupled with the reduction in supply due to resource depletion problems, the price of titanium essentials in PwC will show a sustained upward trend, which will accelerate the restructuring and reshuffle of titanium dioxide enterprises.
This time, Tianyuan Group signed a cooperation agreement with Panzhihua Investment, aimed at accelerating the expansion of the whole industrial chain of titanium dioxide powder, fully realizing the graded utilization of titanium raw materials, to carry out the relevant industrial layout in Phang Ancey region, reduce the use of imported titanium raw materials, and build a more complete and competitive circular economy industrial chain.
As a co-ed of Tianyuan Group, Panzhihua Guo investment is a wholly-owned subsidiary of the State-owned Assets Supervision and Administration Commission of Panzhihua City, with a registered capital of 5.175 billion yuan, which is located in the "State-owned capital operation investment platform to promote the sustainable development of Panzhihua" and is committed to building a local "strategic guidance investors, financial services platform providers, industrial innovation, potential regional developers". Making full use of the state-owned background and the advantages of Panzhihua titanium resources, he has accumulated rich experience in the field of strategic investment, capital operation and financial services in the tantalum titanium industry, and has good investment and financing capabilities, a complete financial services system and high-quality industrial resources.
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