Heavy steel mining 1.6 billion to build production to achieve utilization of vanadium and titanium

Dec. 30, 2011 - PRLog -- Heavy Steel invest 1.65 billion yuan to build a steel vanadium and titanium resources comprehensive utilization project (straight shaft furnace pilot production line) project has been formally adopted. A 500,000 t DRI production line will officially open the building by the end of this year. It is reported that the iron line will further enhance the process of vanadium, titanium and other precious metals utilization, reduce waste emissions.

Public data, Heavy Steel owned Taihe mine, and Panzhihua, Hongge, Baima said, "Four Panxi vanadium-titanium magnetite." According to the 2010 launch of a new round of national surveys vanadium-titanium magnetite ready to preliminary estimates, the future reserves of vanadium-titanium magnetite more than 30 million tons, of which 867 million tons of iron, 376.2 million tons of titanium oxide, vanadium oxide 6.6 million tons, other issues such as nickel, copper, cobalt, total about 152 million tons. Moreover, titanium and vanadium, cobalt, nickel, copper and other precious metal content higher than other mining, comprehensive utilization of resources and recovery of large favorable conditions.

However, due to difficult extraction of vanadium and titanium, it is difficult to achieve comprehensive utilization of resources. Heavy steel mining company in accordance with "based on resources, technological innovation, comprehensive utilization" development concept, the company completed the vanadium titanium oxide pellets, sheet mine use, multi-metal recycling and other new project development; its wholly-ilmenite grain flotation devices, retaining pellet furnace oxidation and production process technologies such as number of national patents, the election process was recommended as the titanium industry, promote the use of the same process. In addition to more than a year to produce 80,000 tons of titanium concentrate, and add 150 million yuan for the company's annual revenue, this technological innovation has reduced emissions of enterprise waste, the natural resources more fully utilized.

It is understood that, while undergoing a beneficiation process, but still contain some iron in vanadium, titanium and other precious metals, in the traditional program, the presence of these metals not only affect the quality of iron ore, but also the formation of a large number of slag. The production line is able to achieve the i-rich material, film vanadium extraction, through the subsequent processing into titanium dioxide, vanadium pentoxide and other products. According to estimates, production line testing, the annual increase 1.784 billion yuan of sales revenue, generate profits 265 million yuan.

According to reports, vanadium and titanium as a strategic resource, the economic development and protection of national security is an important material widely used in metallurgy and chemical industry, aerospace, defense and other core areas. With the state's resources and the urgent need for energy efficiency, vanadium-titanium magnetite resource utilization has become increasingly prominent of its important strategic position. Vanadium-titanium magnetite is mainly distributed in Sichuan Panzhihua-Xichang, Chengde, Hebei and Anhui Ma On Shan area.

To sove the constraints of the industrial development of China's vanadium and titanium major bottleneck technology to improve the utilization efficiency of China's vanadium and titanium resources and the overall technical level, vanadium and titanium to enhance our core competitiveness and overall strength, July 2011, vanadium and titanium resources comprehensive utilization of industrial technology innovation strategic alliance was set up in Beijing. The Alliance is Panzhihua and co-sponsored by the Institute of Process Engineering, Chengde Iron and Steel Group Co., Ltd., the joint five well-known vanadium titanium company, Tsinghua University, 9 famous universities and CRIMM Institute in four of 18 power together to form units.
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