Brief introduction of China vanadium-titanium magnet mining Co., Ltd.

China Vanadium Titanium Magnetite Mining Co., Ltd. is the second and largest private iron ore operator in Sichuan Province, mainly engaged in mining, ore washing, pellet production, and sales of iron concentrate, pellets and titanium concentrate. Its main customers are steel producers and downstream users of titanium-related products. The Group owns and operates four vanadium-titanium magnetite mines-Baicao Iron Mine, Xiushuihe Iron Mine, Yangqueqing Iron Mine and Cizhuqing Iron Mine, five production facilities-Baicao Washing Plant, Xiushuihe Washing Plant, Hailong Production Facility and Heigutian Production Facility, as well as the iron ore pelletizing plant located in Panxi, Sichuan, which has the richest vanadium-titanium magnetite reserves in China. Due to the rich titanium content in the ore, the Group can effectively separate and wash iron and titanium through the same production process, greatly reducing the production cost.