Construction of Rutile Titanium Ore Mining Plant and Ferrotitanium Smeltery
Date: 2006/3/28 14:45:53

 

Construction of Rutile Titanium Ore Mining Plant and Ferrotitanium Smeltery


 

I. Project Name

Construction of Rutile Titanium Ore Mining Plant and Ferrotitanium Smeltery

 

II. Project Implementation Agency

Ankang Xingda Minerals Industry Co., Ltd., Shaanxi Province

 

III. Project Description

In the first stage, it is proposed to build a mining plant, with daily output of 1,000 tons and annual output of 90% natural rutile fine ore of 3,700-4,000 tons; to build a ferrotitanium smeltery, with annual output of No.70 high Ti content ferrotitanium of more than 3,420 tons.


IV. Total Investment and Cooperation Form

Total investment of the Project is RMB 140 million Yuan;

Cooperation form: Joint venture, cooperation.

 

V. Anticipation of Market and Analysis of Investment Return

After the Project is put into operation, the annual output value will reach nearly RMB 100 million Yuan, the profit tax RMB 55.34 million Yuan, the net profits RMB 38.32 million Yuan, the profit margin 30.02%, and the payback period of investment 3.65 years (excluding construction period).

 

 

 

Contact Person: Liu Rui

Telephone: 0915-3211804  3211006  13909150808

Address: No. 6, Daqiao Road, Ankang City   725000

 

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