13
Nov
04:04
Pangang V&T to integrate vanadium operations
Pangang Group subsidiary Xichang Vanadium-Titanium announced on 11 November that it is preparing to purchase the assets and debts of the vanadium arm of sister company Xichang Steel Vanadium, Kallanish notes.
In order to integrate vanadium assets within the group under one company, Xichang V&T plans to purchase the assets for CNY 6.26 billion ($891.94 million). Xichang V&T owns 22,000 tonnes/year vanadium capacity and the underlying asset …
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