Shandong Lubei Zirconium Titanium New Material Technology Co., Ltd. is a holding subsidiary of Shandong Lubei Chemical Co., Ltd., a listed company. It was officially established on February 1, 2024, and its business scope covers multiple fields such as research and development and promotion of new material technology, mineral processing, manufacturing and sales of specialized chemical products, import and export of goods, and exploration of mineral resources (licensed projects). It adopts wet magnetic separation, dry magnetic separation, gravity separation, electric separation and other processes to separate titanium concentrate, zircon sand, rutile, garnet, monazite, titanium bearing magnetite and other products, which are supplied to Lubei Chemical's subsidiaries and sold to the market. After reaching production capacity, it is expected to have an annual operating income of about 2.618 billion yuan and a total annual profit of about 147 million yuan.
Zirconia Titanium New Material Technology purchases multiple vertical multi-stage long axis semi submersible deep well turbine pumps from Hunan Perfect Industry Co.,Ltd..