On 13 November, 2019 Shangluo major projects construction site observation meeting was held in Shangnan. Participants visited three projects, including Shangnan Yuguang Tongda Mining’s Hucaoping vanadium base.
Located in Yaoling Village, Zhaochuan Town, Yuguang Tongda Mining’s Hucaoping vanadium base is invested and constructed by Yuguang Tongda Shangnan Hucaoping Mineral Development Co., Ltd. Covering a planned area of 28mu and owning an investment of RMB320 million (USD45.43 million), the phase I project will take advantage of the carbon content of stone coal vanadium ore and adopt the most advanced spontaneous combustion roasting, acid pickling vanadium precipitation and dedusting desulfurization processes to build a 2,000-ton-per-annum vanadium pentoxide production line with a daily handling capacity of 1,000 tons of vanadium ore and a vanadium leaching rate of over 85%. Covering a planned area of 20mu and owning an investment of RMB200 million (USD28.39 million), the phase II project will build one vanadium slag comprehensive utilization production line with an annual handling capacity of 200,000 tons, one vanadium alloy production line with an annual production capacity of 4,000 tons and one vanadium nitride production line with an annual production capacity of 2,000 tons to develop and produce vanadium nitride and other downstream products.
Presently, the phase I project with an annual production capacity of 2,000 tons of vanadium pentoxide has been put into pilot operation. After reaching the design capacity and efficiency, the project can have an annual production value of RMB300 million (USD42.59 million) and a taxable income of RMB30 million (USD4.26 million).
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