The first cobalt-nickel resource recovery demonstration line in Panxi has been put into production, with a cobalt recovery rate of over 80%. Recently, the newly built cobalt-nickel resource recovery demonstration line of Pangang Mining has been put into operation, and the production is stable, achieving the expected results. This is the first production line to recover cobalt-nickel products from vanadium-titanium magnetite in the Panxi region, with a cobalt recovery rate of over 80%, providing strong support for the extension of the industrial chain for comprehensive utilization of vanadium-titanium magnetite resources in Panxi.