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Lomon Billions acquired 98.39% equity in Yunnan Metallurgical Xinli Titanium Industry Co., Ltd in 2019 and resumed full-scale production at the Chuxiong site. The company plans to invest RMB 10 billion (USD 1.44 billion) to expand capacity to 300 kt/pa of chloride TiO₂ pigment, 200 kt/pa of titanium slag, and 50 kt/pa of titanium sponge.