Shaanxi Wuzhou Mining Co., Ltd. Shaanxi Wuzhou Fan Metal Material Technology Co., Ltd.

Shaanxi Wuzhou Vanadium Metal Material Technology Co., Ltd. is located in Huokou Industrial Park, Baqiao District, xi City, with two vanadium production lines and 50 vanadium and iron production lines. After investigation, considering the company's outstanding location advantages, it can better meet the requirements of enterprise development and product sales and realize the extension of industrial chain. In June 2006, 5438+ 10, the company acquired 86.7% equity of the original company, and in June 2006, 165438+ 10, the company acquired the remaining 13.3% equity of the original company with an agreement of 600,000 yuan. The acquisition of all the shares of Yuxin Company has laid a foundation for the further development and research of vanadium products and the extension of the industrial chain of vanadium products. At present, a vanadium-nitrogen alloy project with an annual output of 2,000 tons is under construction, and efforts are made to extend the vanadium metal industrial chain.

Yang Shan Zhongtian Ye Fan Co., Ltd.

The ore body of Yang Shan Zhongtian Vanadium Industry Co., Ltd. is adjacent to that of Zhongcun Vanadium Mine, and the daily processing capacity of the concentrator is 200 tons. In order to improve the control of resources, the company acquired the equity of Zhongtian Company 100% for 25.28 million yuan, and introduced diversified investors to reorganize it, which laid the foundation for the expansion of Wuzhou vanadium industry and took a solid step in resource integration. Since the transfer of assets in June 2006, after more than 20 days' efforts, all the equipment in the concentrator has been inspected, maintained and debugged, and the ore was transported on July 20, 2006, producing qualified products.

In order to improve the utilization rate of resources and technical and economic indicators, in August 2006, the company decided to transform the production technology and facilities of Zhongtian Vanadium Industry. On the premise of not stopping production, the daily ore processing capacity is increased by 600 tons by optimizing the production process through technical transformation and expansion. After the technical renovation and expansion project is completed, the daily processing capacity is increased from 200 tons/day to 800 tons/day, the V2O5 output is increased from 420 tons to 1.68 tons, the recovery rate of dressing and smelting reaches 73%, and the annual output value is1.70 million yuan. At present, various technical transformation and expansion projects have entered the final stage, and they can be put into production within the year, giving full play to the investment benefits of the projects.