China Vanadium Titano-Magnetite Mining Company Limited  primarily engaged in mining, ore processing, iron pelletizing and the sale of iron concentrates, iron pellets and titanium concentrates. The Group's principal customers are producers of steel and downstream users of titanium-related products. It owns and operates four vanadium-bearing titanomagnetite mines – the Baicao Mine, the Xiushuihe Mine, the Yangqueqing Mine and the Cizhuqing Mine, two iron ore mines - the Maoling Mine and the Yanglongshan Mine, five processing plants – the Baicao processing Plant, the Xiushuihe Processing Plant, the Hailong Processing Plant, the Heigutian Processing Plant and the Maoling Processing Plant and two iron pelletizing plants, of all located in Sichuan province, a region with the most abundant vanadium-bearing titanomagnetite resources in the PRC.