http://steelguru.com/news/index/2008/04/16/NDIxOTU%3D/Chengde_to_...

http://steelguru.com/news/index/2008/04/16/NDIxOTU%3D/Chengde_to_build_largest_vanadium_plant_in_world.html

Chengde to build largest vanadium plant in world

It is reported that Chengde Vanadium Titanium plans to build world’s largest vanadium plant in China

Mr Tian Zhiping chairman of Chengde Vanadium Titanium said that the global vanadium production capacity is about 100,000 tonnes and the production capacity of Chengde Vanadium Titanium is 16,000 tonnes.

He added that “In the future, Chenggang’s production capacity will account for more than 50% of the domestic output and account for 20% of the global output. It will become the world’s largest vanadium production and processing base.”

An analyst pointed out that by 2010, the steel output of Chenggang including Chengde Vanadium Titanium will reach 8 million tonnes and the vanadium output will reach 30,000 tonnes.

According to the data, the proven reserves of high grade of vanadium and titanium magnetite in Chengde reached 260 million tonnes, low grade of vanadium and titanium magnetite is about 8 billion tonnes.