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Longbai Group: The company imports a small amount of raw materials from RBM, and the suspension of RBM incident did not affect the company's production and operation

 Last Update: 2021-08-27
 Source: Internet
 Author: User

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Every time through the AI Express, investors ask questions on the investor interactive platform: Rio Tinto's RBM project in South Africa continues to be suspended on Monday, which will continue to affect the global supply of titanium slag raw materials

Longbai Group (002601.
SZ) said on the investor interactive platform on July 31, hello! The company imported a small amount of raw materials from RBM, and the suspension of production due to the RBM incident did not affect the company's production and operations
.
The company’s 500,000-ton Panxi Titanium Concentrate Upgrade and Conversion Titanium Chloride Slag Innovation Project was officially put into operation in early May of this year.
At the beginning of the month, the production was successfully put into production as scheduled, and production will be increased month by month from the second half of the year.
It is expected to reach full production by the end of this year
.
After reaching full production, it will annually produce 300,000 tons of titanium chloride slag base materials and 160,000 tons of high-quality iron
.
Thanks!

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