Core Insights - Sichuan province has invested 630 million yuan in geological exploration projects since the start of the 14th Five-Year Plan, leading to the discovery of three large graphite mines and six medium to large phosphate mines, along with an increase of 2.8 million tons of lithium spodumene resources and 1.75 billion tons of phosphate resources [1] - The province has implemented a revenue-sharing incentive mechanism for mining rights, mobilizing local governments to invest 314 million yuan in 61 exploration projects, breaking the previous trend of zero local financial input [1] - Social capital investment has exceeded 2 billion yuan, with a resource energy investment guidance fund established at a scale of 5 billion yuan, completing investments of 410 million yuan [1] Industry Development - Sichuan produces approximately 80% of the country's titanium concentrate and 60% of vanadium products, positioning itself as the largest vanadium product base and the largest titanium raw material base globally [1] - The province is accelerating the establishment of the only comprehensive resource development and utilization experimental zone in the country, known as the Panzhihua Strategic Resource Innovation Development Experimental Zone [1] - Future initiatives include advancing the construction of titanium chemical and titanium alloy application projects, fostering new industries such as vanadium alloys and vanadium battery storage, and leveraging research platforms to accelerate key technology development [2]