Lomon Baili: The Company Has Vanadium-titanium Magnetite Resources With An Annual Output Of 15 Million Tons Of Raw Ore

An investor asked Lomon Baili, hello, secretary of the board of directors, does your company have vanadium-titanium magnetite like Anning shares? If yes, how many tons of mineral reserves are estimated to be around, can they meet the company’s processing needs? Thank you!
Lomon Bailey replied, hello! 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 800,000 tons of titanium concentrate, which can meet part of the company’s demand for titanium ore. Thank you!