Lb Group Co.Ltd(002601) : the company has titanium resources in Panzhihua and Yunnan

After AI express, investors ask questions on the investor interaction platform: what are the reserves of titanium resources (including iron ore, titanium ore and alunite) and annual output of the company outside China

Lb Group Co.Ltd(002601) (002601. SZ) said on the investor interaction platform on February 13 that the company has titanium resources in Panzhihua and Yunnan, and zirconium titanium resources with minority equity in Australia through its subsidiary Guangdong Orient Zirconic Ind Sci And Tech Co.Ltd(002167) . Among them, the company has vanadium titanium magnetite resources in Panzhihua, with an annual output of 15 million tons of raw ore, 3.8 million tons of iron concentrate and 900000 tons of titanium concentrate; By the end of 2020, the exploitable titanium reserves of Panzhihua vanadium titanium magnetite are about 8.2 million tons, the exploitable iron reserves are about 79.7 million tons and the exploitable vanadium reserves are about 200000 tons; The joint-stock company of the company's holding subsidiary Guangdong Orient Zirconic Ind Sci And Tech Co.Ltd(002167) originally had proved reserves of 34 million tons of raw ore, with an average heavy ore content of 6.1%. In addition, it purchased Eneabba mining area with estimated reserves of about 6.3 million tons of heavy minerals; Mindarie heavy mineral sand project under Mingrui zirconium industry has 244 million tons of jorc2012 standard heavy mineral sand resources. Its in-situ heavy mineral sand resources contain 3.358 million tons of ilmenite, 559700 tons of white titanium, 378000 tons of rutile and 817000 tons of zircon sand; In addition, wim150 project, a world-class zirconium titanium ore project of Eastern zirconium in Australia, has a total of 1.65 billion tons of heavy ore resources. Its in-situ heavy ore resources contain 19.17 million tons of ilmenite, 7.143 million tons of rutile, 3.663 million tons of white titanium and 12.637 million tons of zircon sand.

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