Abstract: Panxi area is rich in V-Ti-magnetite resources. Based on the investigation and study of the current situation of the development and utilization of V-Ti-magnetite mines in this area, combined with the consideration of resource development, ecological protection and economic benefits, a set of index system and evaluation method suitable for the evaluation of the development and utilization level of mineral resources are proposed. The evaluation results fully reflect the development of V-Ti-magnetite in Panxi area Current situation of development and utilization.