The "National Important Energy Base" and the much-watched Honggenan Mine started development today!

On March 26, the launching ceremony for the construction and development of Honggenan Mine was grandly held in Yanbian County, Panzhihua, marking the efficient promotion of the development of the entire industrial chain of Honggenan Mine and the high-level construction of a world-class vanadium-titanium industry cluster with "hundreds of billions of investment and trillions of output value". The curtain officially opened.

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Honggenan Mine is located in Yanbian County, Panzhihua City, including three mine sections: Masonglin, Tongshan and Luku. The mining rights area is 5.7823 square kilometers and the total retained resource reserves are 3.256 billion tons. In addition to iron, vanadium and titanium, there are also rich in chromium, cobalt, nickel and other associated elements. It is the Kuangqu with the largest reserves, the largest co-associated elements, and the highest potential value of resources in China. It has extremely high comprehensive utilization value of strategic resources.

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据《川观新闻》报道，攀枝花市相关负责人表示，红格南矿开发是全产业链开发。** "After preliminary calculations, the Honggenan Mine is expected to be mined for 80 years, realize profits of more than 10 billion yuan, industrial investment of more than 100 billion yuan, output value of more than 100 billion yuan, and create more than 10,000 new jobs." The overall plan of the mine is clear that the scale development of Honggenan Mine and the construction of green mines will be promoted with high standards in accordance with the "open-air + underground" approach. plan In 2030, we will process 40 million tons of iron ore annually, and continue to supply 8.9 million tons/year of vanadium-titanium iron concentrate, 2.83 million tons/year of titanium concentrate, and 20,000 tons/year of sulfur-cobalt concentrate, forming a stable primary resource guarantee ability. **

Data show that Panzhihua is an important strategic resource-rich area in China, with the world's largest titanium reserves and the world's third largest vanadium reserves. There are four major ore occurrences in the Panxi area, namely Panzhihua Kuangqu, Hongge Kuangqu, Baima Kuangqu and Taihe Kuangqu in Xichang. Hongge Kuangqu is a super-large vanadium-titanium magnet Kuangqu discovered in the 1970s and 1980s. The deposit is large in scale, with many associated available elements, and has great social and economic value. The Kuangqu mining area is divided into two Kuangqu mining areas: the south and the north. The north Kuangqu mining area has now been developed and is mainly within the scope of two mining rights: Longmanghongge Iron Mine and Huili Miaozigou Iron Mine. During the 13th Five-Year Plan period, Kuangqu was listed as a "deposit of great value to the national economy" and was restricted from development as an important national strategic resource reserve base. During the 14th Five-Year Plan period, the Honggenan Kuangqu mining area was included in the "National Important Energy Base" and included in the overall mineral resources plan, and met the basic conditions for development.

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As an undeveloped project with huge resource reserves, Honggenan Mine has always attracted much attention in the industry. In November 2023, the mining rights of Honggenan Mine were publicly sold through a "limited auction + comprehensive evaluation" method, with a starting price of 1.05 million yuan, attracting the participation of many investors. In the end, the auction was sold for 6.1 billion yuan, and the mining rights of Honggenan Mine were won by Sichuan Province Vanadium and Titanium Industry Investment and Development Co., Ltd. The company is affiliated to the Department of Natural Resources of Sichuan Province and aims to cultivate a world-class vanadium-titanium material industry cluster and build a world-class vanadium-titanium industry base.

The Sichuan Province Department of Natural Resources stated that the development and construction of the Honggenan Mine Kuangqu mining area in Panzhihua will help promote the development and utilization of strategic resources such as vanadium and titanium in the province, help build a strategic base to ensure the supply of important national primary products, promote the high-quality development of the province's vanadium and titanium industry, and effectively transform resource advantages into development success.

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It is understood that the development of Honggenan Mine will anchor the goal of "starting in one year, achieving results in three years, and achieving momentum in five years", and do a solid job in the preparation of industrial development plans, sorting out major project construction lists, high-energy R & D institutions and pilot incubation bases. Establish and other work to ensure that the project will start substantively within this year. At the same time, we adhere to the combination of long and short. While doing a good job in mine mining, we will strengthen the "stuck neck" technology of vanadium-titanium magnetite mining, selection and smelting, and vigorously develop vanadium alloys, vanadium battery energy storage, high-performance titanium alloys, and vanadium-titanium functional materials and other products, using advanced technical means, continue to improve the comprehensive utilization rate of resources, deep processing rate and on-site conversion rate, and promote the extension of the vanadium-titanium industry to the high end of the value chain.

In addition, Sichuan Province Natural Resources Investment Group has regarded the construction and development of Honggenan Mine as the group's "No. 1 Project" to further accelerate the cultivation of the vanadium and titanium industry, build the Sichuan Vanadium and Titanium Tianfu Laboratory at a high level, and work together to build a world-class vanadium and titanium industry base to help the province's modern industrial system construction.

_Editor:Li Xi, Ma Wanhua, Zhang Hanyue_

_Data