First, integrity new material titanium series product project settled in Guang'an, Sichuan, with a total investment of 12 billion yuan.
On February 16, Hebei Integrity Group Co., Ltd. new material titanium series product project, signed a contract in Chengdu to settle in Guang'an, Sichuan. This is the third industrial project with a single investment of more than 10 billion yuan introduced by Guang'an in the last year. The series of products of the project will be widely used in aerospace, biomedical, marine engineering and other fields.
The new material titanium series product project signed this time, with a total investment of about 12 billion yuan and covers an area of about 1260 mu, can realize the comprehensive utilization of by-products and intermediate products of the existing industrial chain. the series of products will be widely used in aerospace, biomedical, marine engineering and other fields. After all the projects are completed and reach production, the annual output value will be about 20 billion yuan and the annual tax revenue will be about 2.5 billion yuan.
2. Jiangsu Yuxiao Zirconium-Titanium Mining Co., Ltd. successfully held the commissioning ceremony of the 600000-ton zirconium-titanium ore cleaning project.
On July 21, 2023, Jiangsu Yuxiao Zirconium and Titanium Mining Co., Ltd. held the commissioning ceremony of 600000 tons / year wool ore separation and processing project in Dafenggang District, Yancheng, Jiangsu Province. It is the project with the largest volume and the highest degree of automation among the concentrators built by Jinan Yuxiao Group in China, and it is also one of the most advanced concentrators in the whole industry. "
3. Chemours announced the closure of the titanium dioxide factory in Taiwan
On July 27, 2023, Comu announced its financial results for the second quarter of 2023 and announced the closure of the Guanyin titanium dioxide production plant in Taiwan. "the factory closure is incredibly difficult because it affects talented and hardworking people like our Quan Yin colleagues, who are valuable members of our company, as well as their families and communities. We are working closely with local leaders to help with this transition, "said Denise, president of Chemours Titanium Technologies." Dignam said. "looking to the future, Comu will continue to provide excellent service to customers and continue to lead the industry in innovation and sustainable development."
The Guanyin factory will stop production on August 1, 2023 and begin to withdraw immediately. Chemours's sales and technical service team will work closely with affected customers to maintain an uninterrupted supply. The company expects that during this transition period, there will be no impact on the quality of products or services, nor will there be supply disruptions.
IV. Yishui County held the opening ceremony of the titanium whole industry chain integration project-- basic Materials Industry Park.
On July 28, our county held the opening ceremony of the titanium industry chain integration project-basic materials industry park. It is understood that the total investment of the project is 6.5 billion yuan, including Shangyu 10 million tons / year integrated project, science and technology innovation center project, 400000 tons / year high titanium slag project, 1.5 million tons / year titanium composite new material project 20 million tons / year new building materials project. After it is completed and put into production, it is expected to achieve an annual output value of 9.9 billion yuan and a tax revenue of 540 million yuan, which will gradually form a development pattern of "gathering chain by garden and clustering by chain". It will give full play to the advantages of titanium and iron resources in Yishui and realize industrial transformation and upgrading on the existing basis.
5. Construction of Sheffield Resources Zirconium-Titanium placer Project completed
Sheffield Resources announced on August 14 that the Thunderbird zirconium-titanium placer project, a joint venture between the company and Yanshan Iron and Steel, will begin commissioning, with a total investment of A $484 million and the equipment will be put into use in September.
It is understood that the equipment construction of the project has been basically completed, and the commissioning of supporting services is also under way. At present, the earthwork of the tailings storage facility has been completed and the water has been successfully pumped from the well site to the Rain Water reservoir.
The work of soil cover mining is progressing smoothly, the construction of dry mining mixing equipment contracted by Piacentini has entered a later stage, and on-site assembly will be carried out later this quarter. The commissioning of ore mining and dry mining mixing equipment and process equipment is expected to begin in the fourth quarter of this year, and it is planned to ensure the first shipment of customer goods in the first quarter of 2024.
6. Huiyun Titanium Industry plans to purchase a controlling stake in Detian Chemical Industry
Huiyun Titanium Industry (300891) disclosed that in order to further expand the company's industrial layout in the titanium dioxide industry and meet market demand, it is proposed to acquire the controlling stake of Guangxi Detian Chemical Circulation Co., Ltd. (hereinafter referred to as "Detian Chemical") with self-raised funds.
7. Haifengxin restructuring Project-- Tianlun Chemical Industry officially resumes production
On the morning of September 20, 2023, the opening ceremony for the resumption of production of Tianlun Chemical Industry, the Haifengxin restructuring project, was successfully held. With the Haifengxin R & D technical director and sales director Comrade Jiang GE, under the start order, the ball mill started smoothly and announced the Haifengxin restructuring project-Tianlun Chemical Industry officially resumed production!
The resumption of production and start-up of Tianlun Chemical Industry has been highly concerned by the Panzhihua municipal party committee, municipal government, Yanbian county party committee, county government and related departments. Comrade Zhao Qi, vice chairman of the Panzhihua Municipal Committee of the Chinese people's political Consultative Conference, president of the Municipal Federation of Industry and Commerce, Comrade Zhao Qi, Deputy Secretary of the Yanbian County CPC Committee, Comrade Peng Daohua, Deputy Chairman of the standing Committee of the Yanbian County people's Congress, Comrade Liu Yun, Deputy Secretary of the Party Committee of Panzhihua State Investment (Group) Co., Ltd., representatives of Panzhihua Federation of Industry and Commerce, Titanium dioxide Industry Association and Entrepreneur Federation. Representatives of the bankruptcy reorganization project manager attended the opening ceremony of resuming production. Haifengxin senior management team, some supplier representatives and dealer representatives who fought side by side with Haifengxin jointly witnessed the launching ceremony of the resumption of production.
8. Lubei Chemical Industry: it is planned to invest 24 million yuan to jointly set up Shandong Lubei titanium-zirconium new material science and technology, and build an annual production capacity of 600000 tons of titanium-zirconium new material processing project.
It shall be subject to the approval of the administrative department for industry and commerce.
The two sides plan to take the project company as the main business body, build titanium concentrate, rutile, monazite and zircon sand deep processing base, mainly engaged in titanium concentrate, rutile and zircon sand processing and sales. The production capacity of the deep processing base is estimated to be 600000 tons / year. The name of the construction project is "annual output of 600000 tons of titanium-zirconium new material processing project" (tentatively).
9. Qifeng New Materials' performance in the first three quarters is pre-increased by more than 39 times. It is proposed to increase the introduction of medium-core titanium dioxide to promote production expansion.
October 9, a few days ago Qifeng new material is promoting a fixed increase, the proposed introduction of upstream enterprises in the core titanium dioxide, in order to supplement the cost-side layout. On September 5, Qifeng updated the fund-raising prospectus, drawing up an increase of no less than 390 million yuan and no more than 549 million yuan, and a new 200000-ton special paper project (first phase) to expand production. After the implementation of the project, the production capacity of decorative base paper will be increased by 80, 000 tons, and then the production capacity of decorative base paper will reach 504000 tons. It is estimated that after the project is completed and fully reached production, the annual sales income is 800 million yuan, the net profit is 63.5416 million yuan, and the gross profit margin is 18.38%, which is higher than the gross profit margin of the company's decorative base paper series products.
Venator successfully completed the reorganization of financial capital.
On October 18th Venator successfully completed the recapitalization process of Chapter 11 of the bankruptcy law and improved its balance sheet and lower debt. Companies are now better able to cope with macroeconomic and market challenges. Venator's recapitalization plan was confirmed by the bankruptcy court on July 25, 2023.
After an unprecedented macroeconomic headwind, Venator entered a restructuring process, including a sharp drop in product demand and rising raw material and energy costs. When it emerged, the company had slashed its debt from more than 1 billion yuan to about $200 million. Most of the equity after the recapitalization of the company is now owned by its former lender by virtue of the shareholding of the Company's pre-application debt. It is expected that the company's credit rating will be improved in due course to reflect its improving credit situation.
11. Anada: the proposed change of the controlling shareholder to Yantai SASAC will resume trading on November 8.
Anada announced on the evening of November 7 that the controlling shareholders, Tongling State-owned Capital Operation holding Group Co., Ltd., Anhui Chuanggu New Materials Co., Ltd., Anhui Heyuan Equity Investment Co., Ltd., Anhui Investment Group holding Co., Ltd., and Tongling Chemical Industry Group Co., Ltd., the controlling shareholder of the company, signed the "Equity change Framework Agreement" with the counterparty Wanhua Chemical Group Co., Ltd. Wanhua will hold 51 per cent of the split copper group and enjoy control. The actual controller of Anada will be changed to the State-owned assets Supervision and Administration Commission of Yantai Municipal people's Government. The company's shares resume trading on the morning of Wednesday, November 8.
Twelve or 6.507 billion yuan is a deal! Panzhihua Iron Mine launched JD.com auction for more than 200 times in a row.
On November 8th, Panzhihua Economic quality Mineral Co., Ltd. and its related enterprises reorganized the qualification of investors at a price of 6.507 billion yuan, which not only broke the record of the highest amount of transactions in the whole network of single bankrupt assets. it also marks that the two mining rights in China's largest vanadium-titanium magnetite enrichment area are favored by capital again.
According to relevant sources, the core asset of the subject is the mining right of Xiaohejing Jingquan iron ore in Huili City, which is held by the Economic quality Mineral Company. The mining right covers an area of 2.4725 square kilometers, the resource reserves are more than 8000 million tons of iron ore, the production scale is open-pit 2.6 million tons / year, and the mining right is valid until 2050. The smooth sale of this auction will also greatly enhance the total amount of vanadium and titanium mineral resources in China, inject new momentum into the development of mineral resources, and help Panxi Economic Zone open up a new pattern of world-class vanadium and titanium industrial base construction.
13. Longbai Group intends to spin off its holding subsidiary Guoti shares to be listed on the main board of the Shenzhen Stock Exchange.
On November 21, Longbai Group announced that it plans to spin off its holding subsidiary Yunnan Guoti Metal Co., Ltd. (hereinafter referred to as Guoti shares) to the main board of the Shenzhen Stock Exchange for listing, and the number of shares to be issued accounts for no less than 10% of the total share capital after the issuance of Guoti shares. After the completion of the spin-off, Longbai Group will not change its ownership structure and will maintain its controlling stake in Guotian shares.
Longbai Group said that the company (except Guoti shares and its holding subsidiaries) is mainly engaged in the production and sales of titanium dioxide, zirconium products, lithium anode materials and other products, and sponge titanium products belong to two different branches of the titanium ore industry chain. product applications and downstream customer types are obviously different. Therefore, the main business of the company (except Guoti shares and its holding subsidiaries) is different from that of Guoti shares, and there is no inter-industry competition that has a significant adverse impact.
Huiyun Titanium Industry sets up a new mining subsidiary in Altay
On November 27th, Qinghe Huiyun Mining Co., Ltd. was established, the legal representative is Li Lei, the registered capital is 50 million yuan, the registered place is located in Qinghe County, Altai Prefecture, Xinjiang, and its business scope includes mining of non-coal mine mineral resources; geological exploration of metal and non-metallic mineral resources; exploration of mineral resources, etc. The company is wholly owned by Guangdong Huiyun Titanium Industry Co., Ltd.
Chengde Tianfu titanium industry helps Dawn forge to lengthen the titanium industry chain
On December 5, the signing ceremony of Chengde Tianfu Titanium Co., Ltd. cooperation project was held in Longkou Industrial and Commercial Hotel, Yantai, Shandong Province. Song Huidong, vice president of Dawn Group, Li Jian, general manager of Shandong Dawn Titanium Co., Ltd., and Li Xinyu, chairman of Xinyu Metallurgical Co., Ltd., Chengde County, Hebei Province, signed an agreement on the transfer of shares in Tianfu titanium industry, which marked a new development opportunity for the project.
At present, Dawn Group is accelerating to "focus on a circle of three chains and strengthen three plates". Dowen titanium industry chain and titanium industry plate are important components of "three chains" and "three plates". It is understood that according to the agreement, the project will supply Dawn with titanium powder that meets the requirements of the index in the future, which is in line with the extension chain idea of "upstream extension of titanium resources" to ensure a stable supply of raw materials and controllable quality. to provide support and guarantee for Dawn forging to lengthen the titanium industry chain.
