LB Group Raises TiO2 Prices by 500 Yuan/mt Domestically and $70/mt Overseas from Aug 18

Shanghai Metals Market (SMM), May 6th – Lengshuijiang Junti Antimony Supply Chain Co., Ltd. announced today that, adhering to the principles of fairness, openness, and impartiality, the company will conduct a public procurement tender for No. 1 Antimony Ingot. The tender project covers 200 tonnes of No. 1 Antimony Ingot. Bids must be submitted to the email address 79178470@qq.com before the deadline of 12:00 PM (Beijing Time) on May 8, 2026. The bid opening will take place at 3:00 PM (Beijing Time) on May 8, 2026.

[SMM Vanadium Flash News] In April, Phase I of Jiaozuo Scandium-Vanadium New Materials Industrial Park was officially put into operation, with a total investment of 1.08 billion yuan. Relying on the by-product resources of titanium dioxide, the project has an annual production capacity of 2,500 tons of high-purity vanadium pentoxide + 20,000 cubic meters of vanadium electrolyte, directly supporting long-term energy storage orders. High-purity vanadium is entering the high-end alloy and vanadium battery markets, while the electrolyte has established the industrial chain of "titanium dioxide - vanadium electrolyte - energy storage", significantly increasing the added value of by-products..

[SMM Titanium Flash News] On April 24, Hongwang Group officially announced an investment of approximately 20.46 billion yuan in Tanzania, leasing 500 hectares of land for a 33-year term to build an overseas vanadium-titanium magnetite raw material base. The project will integrate local minerals and energy, construct a "mining and processing integrated" hub, and address the pain point of high external dependence on domestic titanium ore. Domestically, titanium material projects in Loudi, Hunan, and Yangjiang, Guangdong, will be simultaneously promoted to form a two-way layout of overseas raw materials + domestic deep processing, ensuring the security of the high-end titanium material supply chain and accelerating participation in global titanium industry competition.