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    Xianghai Titanium announces capital increase in Mengda Titanium

    2024-11-25 16:49:01   [Print]
    On November 22, Shandong Xianghai Titanium Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright .Asian Metal Copyright, a wholly-owned subsidiary of Lubei Chemical, entered into an agreement to invest RMB33.Asian Metal Copyright, a wholly-owned subsidiary of Lubei Chemical, entered into an agreement to invest RMB33.Asian Metal Copyright64 million (USD4.Asian Metal Copyright, a wholly-owned subsidiary of Lubei Chemical, entered into an agreement to invest RMB33.Asian Metal Copyright64 million) in Inner Mongolia Yuxiao Mengda Titanium Industry Co.Asian Metal CopyrightOn November 22, Shandong Xianghai Titanium Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright, in order to ensure a stable supply of high-grade titanium slag and reduce the production cost of titanium dioxide.Asian Metal Copyright .Asian Metal Copyright Upon completion, Xianghai Titanium will hold a 10% stake in Mengda Titanium.

    Mengda Titanium is mainly engaged in the production and sales of titanium products including high-grade titanium slag, acid-soluble titanium slag, titanium ore, titanium tetrachloride, titanium sponge, ferrotitanium, titanium dioxide, iron ore pellets, etc.

    .Asian Metal Copyright64 million USD4Asian Metal Copyright
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