On November 23, an implementation propose on promoting high-quality development of the vanadium and titanium industry, issued by the Economy and Information Department of Sichuan Province and other four departments together, stipulated that by 2025, the whole industrial layout would be more reasonable with significantly strengthened industrial chains and supply chains, and the industrial agglomeration would be increased to form a development pattern of rational distributions, prominent brands, high intellectualization, low carbon and sustainability and create a world-class cluster of new materials of vanadium and titanium with an output value of more than RMB200 billion (USD28 billion).
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