---
title: "IRC sells vanadium joint venture 46% estimated revenue 4.5 million USD"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/250446804.md"
description: "Iron Resource announced the complete sale of its vanadium pentoxide product sales business to Jianlong Steel - a 46% stake in Heilongjiang Jianlong Vanadium Industry, for a price of 32.2 million RMB. The estimated sale proceeds are approximately 4.5 million USD"
datetime: "2025-07-28T15:04:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/250446804.md)
  - [en](https://longbridge.com/en/news/250446804.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/250446804.md)
---

# IRC sells vanadium joint venture 46% estimated revenue 4.5 million USD

IRC (01029.HK) announced the full sale of its vanadium pentoxide product sales business to Jianlong Steel - a 46% stake in Heilongjiang Jianlong Vanadium Industry, for a price of 32.2 million RMB. The estimated sale proceeds are approximately 4.5 million USD

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