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ST Dinglong: Currently, the total amount of ilmenite minerals in the company's five titanium ore mines exceeds 12 million tons

daily economic news
115,455
May 31, 2023, 10:22 AM

Some investors asked on the investor interactive platform: Hello, what is the current exploitable scale of the company's mineral resources? Will it bring profits to the company?

ST Dinglong (002502.SZ) stated on the investor interactive platform on May 30 that the total amount of ilmenite minerals in the company's five titanium ore mines exceeds 12 million tons, and the titanium concentrate production lines have been completed and put into operation. The production capacity is 160,000 tons/year. On the one hand, the company will continue to explore and integrate ferrotitanium placer resources with development value, continue to improve the exploration level of various mines, and strive to continuously increase the company's ferrotitanium placer resource reserves. On the other hand, it will also continue to promote the construction of other titanium ore production lines and The processing of relevant qualification and licensing documents, the continuous construction and production operation of titanium ore production lines will continue to bring economic benefits and continuously improve the company's core competitiveness and sustainable operation capabilities.