On July 12, Pangang Group Vanadium & Titanium declared at an interactive meeting with investors that the company, at present, holds a 40ktpy production capacity of vanadium products (V2O5) and could produce 220,000t of anatase titanium dioxide as well as 15,000t of rutile titanium dioxide per year. Its molten-salt rutile titanium dioxide project is under construction now and planned to go into operation in the first half of 2024, capable of an annual output of 60,000t. Moreover, its flow battery energy storage peak-shaving power station project in Dalian will come into commercial production formally in August 2022.
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