On April 24,2026,Hongwang Group officially unveiled a major overseas strategic layout.The Group plans to invest 204.6 billion yuan to construct a mega integrated vanadium-titanium magnetite industrial base in Tanzania.Centered on high-quality overseas mineral resources and supported by mature domestic processing capacity,this layout establishes a complete titanium industrial chain featuring two-way coordination of "overseas resource exploitation plus domestic intensive processing",laying a solid foundation for long-term stable raw material supply to China's titanium industry and safeguarding the security of the industrial and supply chains.
Having selected Tanzania as the project location,the Group will lease 500 hectares of local land for a term of 33 years.The base will integrate exploration,mining,mineral separation and purification,and high-value intensive processing of vanadium-titanium magnetite,alongside the construction of supporting energy infrastructure including power plants and road networks,to build a regional integrated hub for titanium ore raw material distribution.Upon operation,the project will ship high-quality titanium raw materials back to China on a targeted basis,effectively easing the industry's long-standing high external reliance on titanium ore and addressing bottlenecks in the upstream raw material sector.
While steadily pushing forward its overseas resource deployment,Hongwang Group is accelerating the construction of domestic production bases.Two modern titanium material manufacturing bases in Loudi,Hunan Province and Yangjiang,Guangdong Province are under intensive construction.They will form a full-cycle closed loop covering overseas crude ore transportation,domestic smelting and processing,and end-product application,enabling efficient linkage and seamless connection between overseas and domestic production capacities.
As a critical basic material for strategic emerging industries such as high-end equipment,aerospace,marine engineering and new energy,titanium material boasts prominent strategic value.The full implementation of this coordinated domestic-overseas layout will substantially enhance the independent controllability of upstream raw materials for China's titanium industry,mitigate raw material price volatility,stabilize the domestic supply and demand balance of titanium feedstock,and fuel high-quality and sustainable development of China's high-end titanium material sector.
(The above content is compiled from online materials.)
