On November 23, Sichuan Provincial Department of Economy and Information Technology released “The Implementation Opinions On Promoting The High Quality Development Of Vanadium Titanium Industry”, which said that by 2025, the output value of vanadium and titanium industry will reach more than 200 billion RMB. Vanadium (in terms of vanadium pentoxide) products will reach 100,000 tons/year, vanadium electrolyte will reach 75,000 m3/year, and vanadium battery system integration will reach 1GW/year. Support steel enterprises to increase the application of vanadium, promote the application of vanadium in vanadium battery and other non-steel fields, and support the "new energy + energy storage" vanadium battery energy storage demonstration.