Contain Panzhihua is the first production base of vanadium products in the world. The produced Panzhihua vanadium-titanium magnetite concentrate contains rare metal vanadium, which is more valuable than ordinary iron concentrate and contains vanadium. Panzhihua has the most complete development and production system of vanadium and titanium resources in China, and it is also the largest production base of vanadium-bearing titanium steel in China.