Titanium dioxide enterprises have laid out the vanadium battery industry chain

Global Coatings Network News: Following the lithium battery industry, the leading titanium dioxide industry has successively aimed its epitaxial layout at the vanadium battery industry chain
.
On October 13, CNNC Titanium Dioxide issued an announcement that the company intends to invest in the establishment of Huili Vanadium Energy Mining Co.
, Ltd.
(hereinafter referred to as Huili Vanadium Energy) with a registered capital of 510 million yuan
.
Its business scope includes mineral washing and processing, metal ore sales, and China Nuclear Titanium Dioxide holds 100% of its shares
.

China Nuclear Titanium Dioxide said that the Panxi area is very rich in vanadium and titanium resources, and is a famous distribution area of vanadium titanium magnetite in China, of which the reserves of titanium resources rank first in the world and the reserves of vanadium resources rank third
in the world.
The company plans to build a vanadium and titanium industry ecosystem
with Huili vanadium energy as the main body, relying on the rich vanadium and titanium mineral resources in Panxi area, and aiming at vertical integration of the industrial chain and comprehensive utilization of resources.

In fact, this is a further layout extension
of CNNC titanium dioxide in the vanadium battery industry chain.
In July this year, CNNC Titanium Dioxide announced that it had signed a strategic cooperation agreement
with Sichuan Wellide Energy Co.
, Ltd.
on the "Full Industry Chain of All-Vanadium Flow Battery Energy Storage".
According to the announcement at that time, the two parties will carry out joint ventures on the construction of the entire industry chain of vanadium flow battery energy storage, including but not limited to vanadium metal smelting and vanadium electrolyte manufacturing, all-vanadium flow battery energy storage system equipment manufacturing, new energy and energy storage power station construction, etc
.

Not only China nuclear titanium dioxide, as a titanium dioxide industry capacity is larger Longbai Group has also begun to lay out the vanadium battery industry chain
.
In July this year, Longbai Group announced that in order to promote the industrialization of vanadium extraction from the company's iron ore concentrate, Longbai Sichuan Mining and Metallurgical Co.
, Ltd.
, a wholly-owned subsidiary, intends to invest in the construction of a vanadium tepentoxide innovation demonstration project of 30,000 tons/year of alkaline pellet wet process of vanadium ilmenite concentrate, with a total investment of 2.
5 billion yuan
.