- Business
- China Vanadium Titano-Magnetite Mining Company Limited (0893.HK) is an investment holding company principally engaged in mining and ore processing activities in the People's Republic of China. The company operates through three main segments: High-Fe Mining Operation, Trading, and Facility Management; it produces and sells self-produced high-grade iron concentrates with iron content ranging from 65% to 72% TFe from its Maoling-Yanglongshan Iron Mine and Shigou Gypsum Mine, both located in Sichuan province, alongside iron ore and gypsum ore beneficiation, trading of coals and steels, sale of equipment and materials, leasing of real estate properties, and provision of specialized mining services including raise boring, shaft excavation, and engineering services. Incorporated in 2008 and headquartered in Central, Hong Kong, with principal operations in Chengdu, Sichuan, the company serves steel producers and downstream titanium product users primarily within China.
In recent developments, the company announced in September 2025 a discloseable transaction for the upgrade and expansion of capacity at the Maoling-Yanglongshan Mine, with its subsidiary Aba Mining entering into a RMB34 million construction contract with Zhejiang Zhongxiang Construction Group, aimed at increasing annual production capacity by 30% to 40%, enhancing economies of scale, and reducing costs, with completion targeted by September 30, 2026. Additionally, in November 2025, it disclosed continuing connected transactions related to 2026 Facility Management Services Framework Agreements with Huili Caitong, supporting ongoing operational services. The company released its 2025 Interim Report in September and Interim Results for the six months ended June 30, 2025 in August, reflecting steady progress in mining operations amid market conditions.