Longbai Group plans to invest 3.5 billion yuan to build a demonstration project for comprehensive recovery of 200000 tons of titanium chloride, vanadium scandium and other rare metals.

Longbai Group announced that at the 28th meeting of the Seventh Board of Directors held on October 25, 2021, the "proposal on investing in the Construction of a demonstration Project for Comprehensive recovery of 200000 tons of Titanium dioxide Chloride and Vanadium-Scandium and other rare Metals (supporting 1 million tons of high-salt wastewater treatment project)", in order to expand the production capacity of titanium dioxide by chlorination process and further increase the market share of the products, Sichuan Longyun Mining and Metallurgical Co., Ltd., a wholly owned subsidiary of the company, plans to invest in the construction of a demonstration project for the comprehensive recovery of 200000 tons of titanium chloride and vanadium scandium and other rare metals (supporting 1 million tons of high-salt wastewater treatment project).

The construction site is located in Yanbian County, Panzhihua City, Sichuan Province. the project produces 200000 tons of high-grade titanium chloride powder, 43000 tons of hydrochloric acid, 100000 tons of caustic soda, 400 tons of vanadium pentoxide and 20 tons of scandium oxide. The total investment of the project is 3.5 billion yuan, and the construction period is 4 years and 6 months.

As a white pigment with the strongest hiding power, the highest coloring power and the best weather resistance, titanium dioxide is widely used in coatings, plastics, inks, papermaking, plastic rubber, chemical fibers, ceramics and so on. Under the supply-side reform and high-pressure environmental protection policy, China has accelerated its transition to a clean, energy-saving and low-carbon society.

Compared with sulfuric acid process, the production technology of titanium dioxide by chlorination process is a continuous production process, which has the advantages of simple process, few process control points, easy to achieve optimal control of product quality, greatly reduce the production of waste and greatly save energy. It is one of the items encouraged in the national industrial structure adjustment guidance catalogue.

Longbai Group is the only industry leader in China to master the whole production process of large-scale sulfuric acid process and boiling chlorination process at the same time. In recent years, in the introduction, construction and production process of chlorination titanium dioxide production line, it has accumulated a large number of patented technology and product reserves, mastered and possessed key production technologies, and has the experience and ability to build chlorination titanium dioxide production projects. The company has completed an innovative project to upgrade and convert 500000 tons of Panxi titanium concentrate into titanium chloride slag, upgrading domestic titanium concentrate to titanium chloride slag and reducing the company's dependence on imported raw materials. it can provide low-cost raw materials for the chlorination titanium dioxide production line of the company.

On the basis of the innovative project of upgrading and transforming 500000 tons of Panzhihua titanium concentrate into titanium chloride slag, the company has invested in a new demonstration project for comprehensive recovery of 200000 tons of titanium chloride and rare metals such as vanadium and scandium. At the same time, a 1 million-ton / year high-salt wastewater advanced treatment project was built to realize the comprehensive utilization of Panzhihua vanadium-titanium magnetite, promote the development of Panzhihua local economy and enhance the overall level of China's titanium dioxide industry. It will be of great significance to accelerate the technological progress and development trend of titanium industrialization.

Longbai Group said that through the implementation of this project, the company will expand the production capacity of the chlorination process, consolidate the company's first-mover advantage in the domestic chlorination titanium dioxide industry, optimize the product structure, enhance the market competitiveness, and increase the market share. it will become a new profit growth point for the company in the future.