Upgrading main business of two projects invested and constructed by longmangbaili

Recently, longmangbaili announced that its two subsidiaries planned to invest 1.98 billion yuan and 1.51 billion yuan respectively to build a new 30000 T / a high-end titanium alloy new material project and a 500000 T / a Panxi titanium concentrate upgrading and transformation titanium chloride slag innovation project with a construction period of 2 years Specifically, the 30000t / a high-end titanium alloy new material project is invested and constructed by the company's new material company, which adopts advanced technology to build low-cost sponge titanium production equipment, develop high-end titanium alloy materials, and create a more complete advanced titanium industry system The 500000t / a Panxi titanium concentrate upgrading and transformation titanium chloride slag innovation project is invested and constructed by Sichuan longmang mining and Metallurgy Co., Ltd with the construction scale of 300000t / a titanium chloride slag base material and 200000t / a high-quality iron Longmang said that the construction and operation of the new project is conducive to further promoting the optimization and upgrading of the company's titanium concentrate - titanium chloride slag - titanium dioxide by chlorination - titanium sponge - titanium alloy industry chain.