Morning of February 14, 2011 - SQC's No. 1 furnace was back to full production after a period of working under capacity. It was considered a positive news for SQC and Vietnam's titanium deep-processing sector.

In 2010, SQC and other companies operating in the mining and titanium deep-processing sectors experienced great difficulty, some had to halt production or to produce only in moderation since final products could not be exported due to high tax rate(15%). At a press conference on May 10, 2010, Ms. Nguyen Tran Trieu Thanh, SQC's Director, commented: "The 15% tax rate is too high, if the tax rate was at a reasonable level, SQC would excel with its potential not only in titanium production but also in consultancy, it could act as EPC contractor to design, construct and supply equipments, or to provide complete titanium processing plant solution package for its potential clients."

The Department of taxation has conducted an opinion survey and the new 10% tax rate was applied. SQC's reserved titanium products were exported shortly after. In the third quarter of 2010, SQC reached 38.82 billion in revenue, an increase of 226.22% compared to the same period last year. Notably,SQC's export reached 11.94 billion, accounting for 30.76% of its net revenue.

In a formal document "to explain the causes of business fluctuations" (along with its last 2010 quarter report), SQC stated the 10% tax rate was still high. The Ministry of Natural Resources and Environment, Ministry of Industry and Trade, Association of titanium are proposed the 3% new tax rate. If the 3% tax rate was passed, enterprises will have confidence to invest in the exploitation and deep processing of titanium ore.

After restarting furnace No.1, on February 26, 2010 SQC will continue to restart the furnace No.2 with expectation to become leader in the industry.SQC aims to creating jobs for hundreds of workers, contributing to local economic development, particularly as to contribute to preventing the economic loss of national resources since there are companies which still export crude titanium.

SQC is a member of Saigon Invest Group (SGI), and member of the International Titanium Association (ITA). SQC was founded in 2006, operated in mining, ore processing titanium, technology transfer, investment, construction and infrastructure, factories for lease.

July 2009, SQC was put into operation with a total investment of 1,000 billion, of which Phase 1 was 500 billion (total area of 10 ha). Currently, SQC's main products are crude ore with 30% - 40% TiO2, Zircon, Rutile, , titanium slags (52%, 93% TiO2). On December 2009, SQC was officially traded on the Hanoi Securities Exchange (HNX).

Le Sen