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    Home > Coatings News > Paints and Coatings Market > Anning shares intends to invest 100 million to establish a subsidiary to be responsible for the investment and construction of vanadium-titanium magnetite related projects

    Anning shares intends to invest 100 million to establish a subsidiary to be responsible for the investment and construction of vanadium-titanium magnetite related projects

    • Last Update: 2021-05-20
    • Source: Internet
    • Author: User
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    On April 27, Capital State learned that Anning shares (002978.


    On April 27, Capital State learned that Anning shares (002978.


    In order to realize the strategic layout and long-term planning of Anning shares, and to give full play to the advantages of Panzhihua vanadium and titanium resources.


    The project adopts a phased construction method.


    Anning shares said that the demonstration project adopted the company's independent innovation and development of the vanadium-titanium magnetite high-efficiency and clean separation and extraction technology to carry out large-scale, high-efficiency, clean, direct reduction and separation of vanadium-titanium magnetite, and the separated titanium-rich The material is used to produce high-grade titanium dioxide and simultaneously extract rare and precious metals to maximize the value of Panxi vanadium-titanium magnetite.


    In addition, the company also reminded possible risks:

    1.


    1.


    Due to the large scale of the demonstration project and the need for vanadium-titanium magnetite in the Panxi region as raw materials, there is a certain risk of raw material supply and price fluctuations during the production process.


    2.


    There are still many unknown factors in the construction of the demonstration project, which will bring a certain degree of risk to the smooth completion and commissioning of the project.
    The company will implement strict management of the project quality and technical specifications through multi-party technical cooperation to ensure the smooth completion and commissioning of the project.
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