Vanadium titanium magnetite is a strategically important mineral resource, and its comprehensive utilization industries have become the mainstay of the economy in Panxi regions. Through years of efforts, a relatively complete industrial chain involving mining, beneficiation, and smelting processes has been established in Panxi regions, and some products have been ranked among world best standards. However, compared with world advanced levels, the comprehensive utilization of Panxi vanadium-titanomagnetite still fares at a lower level, particularly with techniques for concomitant precious metals in vanadium titanomagnetite. In recent years, researchers in this field have worked hard and achieved fruitful results to improve the techniques for comprehensive utilization of Panxi vanadium titaniummagnetite. In this paper, the distribution features and the present situation of mining and beneficiation for vanadium titaniummagnetite in Panxi region were elaborated, and the shortcomings and future trend of the techniques for comprehensive utilization of vanadium titaniummagnetite were analyzed and explored.