On September 17, A wholly-owned subsidiary invested by China Special Steel Group HGJTHGFT Vanadium Titanium New Material Co., Ltd. was unveiled and established. The new company will comply with national strategic needs, focus on corporate and geographical advantages, and actively build an international first-class vanadium and titanium industry base that integrates clean production demonstration and high-end material supply.
Vanadium and titanium materials are recognized worldwide as a scarce resource and an important strategic metal. Vanadium and titanium materials are widely used in important fields such as aerospace, marine vessels, national defense industry, new energy, etc., and have an irreplaceable role in promoting the development of China's steel materials, national defense industry and cutting-edge materials.
At present, the proven reserves of vanadium-titanium magnetite in China are 20 billion tons, of which 8.3 billion tons are in Chengde area. A complete industrial chain integrating vanadium-titanium mining, smelting and extraction of vanadium, deep processing, and research and development has been formed. Vanadium Titanium deep-processing capacity accounts for 34% of domestic total capacity and 16% of global capacity. It is one of China's most important strategic resources bases for vanadium and titanium and a national high-tech industrial base for new vanadium and titanium materials. As the leading vanadium and titanium industrialization enterprise in China, HGJT is one of the world's three largest iron and steel vanadium and titanium production enterprises. It has the world's first sub-molten salt clean vanadium extraction production line, the world's largest 2,500 cubic meters of vanadium and titanium magnetite smelting blast furnace, The world's largest 150-ton vanadium converter, the world's largest vanadium rotary kiln, clean vanadium extraction technology with sub-molten salt method, vanadium alloying slag for vanadium alloying and refining technology, electro-aluminum smelting vanadium-aluminum alloy technology, commercial vanadium Patented technologies such as battery electrolyte preparation methods have reached international advanced levels.