The mining rights of Panzhihua Honggenan Mine, the country's largest vanadium-titanium magnetite mine, will be auctioned on November 15

On October 24, the Sichuan Provincial Government Affairs Service and Resource Trading Service Center recently issued a notice on the auction sale of Honggenan vanadium titanomagnetite mining rights in Yanbian County, Panzhihua City, Sichuan Province, which attracted the attention of relevant enterprises and industry insiders. Many industry experts said: "this resource reserves estimated on the total output value of the project is expected to create a 'Panzhihua Iron and Steel'."

According to the announcement, Honggenan Vanadium-Titanium Magnetite in Yanbian County (hereinafter referred to as "Honggenan Mine") has reserves of more than 3.25 billion tons of iron ore and more than 280 million tons of titanium dioxide, with a proposed transfer life of 30 years. "limit auction + comprehensive evaluation" will be adopted for public sale, the auction time is November 15.

What kind of mine is Hongge Nan Mine?

Honggenan Mine is the mining area with the largest reserves of vanadium-titanium magnetite in China. It was listed in the national and provincial mineral resources planning (2021-2025) in 2021, and changed from a state-protected mining area to a developable mining area during the 14th five-year Plan period. it has been listed as a "national important energy base" and incorporated into the overall planning of mineral resources, which has the basic conditions for development.

Panzhihua is an important strategic resource-rich area in China, with the first titanium reserves and the third vanadium reserves in the world. At present, there are four major mining sites in Panxi area, namely Panzhihua mining area, Hongge mining area, Baima mining area and Taihe mining area in Xichang. Among them, Hongge mining area is located in Yanbian County, Panzhihua City, which is divided into southern and northern mining areas. Honggenan mining area is the mining area with the largest reserves of vanadium-titanium magnetite, the most associated elements and the highest potential value of resources in China. it is not only rich in iron, vanadium and titanium, but also associated with chromium, nickel, cobalt and other metals. it is one of the few super-large multi-element symbiotic ores in China, which has high comprehensive utilization value.

According to the announcement, Honggenan Mine transferred mining rights area of 5.7823 square kilometers, resource reserves of 3.25579 billion tons of iron ore, 285.27 million tons of TiO2, 5.9856 million tons of V2O5, 488400 tons of Co. "the estimated total output value of resource reserves in Honggenan mining area is one trillion yuan, which will be a major project for the development of natural resources in Sichuan and even the whole country in recent years." Yang Yongpan, dean of the School of Economics and Management of Panzhihua University, believes that the auction development of Honggenan Mine will greatly increase the total amount of vanadium and titanium mineral resources in China. It will also provide a strong driving force for the development of a world-class vanadium and titanium industrial base in Panxi Economic Zone.

Who will win the mining rights?

It is clear in the announcement that the bidder or bidder shall have a registered capital of more than 5 billion yuan (including), and the paid-in registered capital and net assets shall not be less than 3 billion yuan. Do not accept consortium bidding (different bidders with the same person or holding or management relationship may not participate in this auction at the same time).

At the same time, bidders or bidders should not be included in the "list of serious violations" in the national mining right owner's exploration and mining information publicity system; it has not been included in the "list of subjects of serious dishonesty", "list of abnormal operation", "list of punishment for serious breach of trust in the field of safe production" by the website of "Credit China", and has not been included in the "list of serious illegal and untrustworthy enterprises" in the "list of business anomalies" and "list of serious illegal and untrustworthy enterprises" by the State Enterprise Credit Information publicity system.

"for this rich mine, many enterprises are eyeing covetously, hoping to take it into the bag. Because although Panxi region is rich in mineral resources, enterprises actually do not get much reserves of mining rights. " Zhang Bangxu, secretary-general of the National Vanadium and Titanium Industry Alliance, told reporters. Among them, Panzhihua Iron and Steel Group repeatedly called for the development of Honggenan Mine as soon as possible, and made it clear that "go all out to fight for the mining rights of Honggenan Mining area."

Previously, limited by the technical level of comprehensive utilization of resources, the state sealed and protected Honggenan Mine in the third round of national mineral resources planning, and restricted its development as an important national strategic resource reserve base during the 13th five-year Plan period. In recent years, major key technologies have been tackled in related industries, while Panzhihua has organized and carried out major scientific and technological research around the comprehensive utilization of associated resources in Honggenan Mine. " Zhang Bangxu believes that the development of Honggenan Mine must be planned at the height of the development strategy of the whole province, improve the comprehensive utilization rate of resources, turn resource advantages into industrial advantages, promote the transformation and upgrading of related industries, and actively serve the supply chain security of the national industrial chain.

Yang Yongpan's view coincides with that of Zhang Bangxu. "at present, the supply chain security of China's strategic resource industry chain is facing severe challenges. We should treat and promote the high-quality development of vanadium, titanium and other industries with a strong sense of mission and urgency. It is believed that the development of Honggenan Mine will further strengthen the strength of Sichuan's vanadium, titanium, iron and steel, chemical and other industries, and ensure the innovative development of the province's advanced materials, equipment manufacturing, energy and chemical industries. " Yang Yongpan said.