| I. Yangzhuang Iron Mine | |
| Currently, the Group possesses a mining permit of Yangzhuang Iron Mine with an approved annual mining production scale of 2.3 Mt. | |
| II. Zhuge Shangyu Ilmenite Mine | |
| Zhuge Shangyu Ilmenite Mine currently possesses a mining permit with an approved annual mining production scale of 0.4 Mt. | |
| III. Qinjiazhuang Ilmenite Mine | |
| In 2016, the Group will determine whether it will make investment in or conduct production activities at Qinjiazhuang Ilmenite based on market changes. | |
| IV. Luxing Titanium | |
| Luxing Titanium currently possesses a mining permit with an approved annual mining production scale of 1.5 Mt.
During the first half of 2014, approximately 0.2 Mt of titanium ores were processed and approximately 4 Kt of 57% iron concentrates and approximately 6 Kt of 46% titanium concentrates were produced. |
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