This paper discusses vanadium and titanium industry resources at home and abroad,distribution status and utilization degree and present research status,described the application of vanadium and titanium in steel,chemical vanadium and titanium industry,automobile in detail etc.The application of vanadium and titanium resources development and utilization is introduced.This paper has analyzed the various processing method and characteristics and prospected vanadium and titanium industry products' qualitative requirements and the consumer areas.