Anning Co. to Issue RMB 2.5B in Bonds for Titanium and Iron Ore Projects Expansion

Published: Jun 7, 2026 22:05

Save

【SMM Titanium Flash】China’s titanium ore leader, Anning Co., Ltd., plans to issue convertible bonds to raise up to RMB 2.5 billion. The funds will be allocated to iron ore and titanium industry chain expansion projects.

Key allocations include RMB 1.157 billion for the Duijingou tailings storage facility to secure long-term iron ore resources, and RMB 715 million for a cold rolling and logistics project in Changzhou. This initiative bridges the gap between semi-finished titanium products and end-users, integrating its "60,000-ton energy-grade titanium materials" project.

The move aims to perfect the "titanium ore—titanium materials" full-industry-chain layout, solidifying the company's vertical integration and market competitiveness.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.hoursAgo

Longbai Group Raises Xuelian® Titanium Dioxide Prices by 1,000 Yuan/ton in China, $150/ton Internationally

[SMM Titanium Flash News] Longbai Group announced that starting from June 5, 2026, it will raise the prices of all Xuelian® titanium dioxide products: by 1,000 yuan per ton in the domestic market and by 150 US dollars per ton in the international market. This price adjustment is based on the current market situation, and the company will continue to monitor market dynamics in the future.

Common.Time.hoursAgo

Taineng Chemical Raises Titanium Dioxide Prices by 1,000 Yuan/ton for Domestic, $150/ton for International Customers

[SMM Titanium News] Taineng Chemical has issued a price adjustment notice. Effective June 5, 2026, the sales prices of all grades of titanium dioxide will be increased: domestic customers will see a price increase of 1,000 yuan per ton, and international customers will see a price increase of 150 US dollars per ton. The price adjustment will remain in effect until the next price adjustment notice takes effect.

Common.Time.hoursAgo

Lubei Chemical's Xianghai Tech Expands Chlorination TiO2 Capacity to 120,000 Tons Annually

[SMM Titanium Flash News] The expansion project of Xianghai Technology, a wholly-owned subsidiary of Lubei Chemical, with an annual production capacity of 60,000 tons of chlorination-process titanium dioxide, was successfully commissioned in one go on May 22, 2026, and has entered the trial production phase. This is a core move for the company to upgrade its product structure to high-end. After the project reaches full production, the company's total chlorination-process production capacity will reach 120,000 tons per year. The key points to watch are whether the trial production goes smoothly, the speed of capacity ramping up, and whether high-end products can bring the expected improvement in profitability.

Common.Time.hoursAgo