

BLACK IRON SPONSORING REBUILD UKRAINE CONFERENCE
The Canadian Ukraine Chamber of Commerce ("CUCC") is hosting a Rebuild Ukraine Business Conference at the King Edward Hotel in Toronto on Wednesday, November 23 from 8am until 7pm.
Black Iron is proud to be a sponsor of this important event. If you would like to participate in this conference or review more information about the event, click on the link below to go to CUCC's website.
ABOUT OUR COMPANY
Black Iron is a TSX-listed company based in Canada. Black Iron is currently advancing it's 100% owned, high-grade iron ore project in Central Ukraine to production.
Upcoming Milestones
Several major milestones are planned to be delivered in the coming months as the project advances towards construction.
Upside Opportunity
Black Iron’s project represents a potential US$1.4 billion+ asset that currently trades at a market capitalization of only ~US$100 million.
Premium Product
The 68% iron content product planned to be produced ranks in the top 4% globally, results in 30% lower GHG emissions in the production of steel and is predicted to be in supply deficit by CRU.
Quality Leadership
Black Iron’s board and management are former top executives at mining powerhouses Rio Tinto, Cliffs, and Consolidated Thompson
Economics
Post-tax IRR of 34.4% and a US$1.4 billion NPV at a 10% discount rate using conservative iron ore price of US$62/T (current ~$200/T). Total pre-production CAPEX, US$452M.
Infrastructure Spending
Iron ore is one of the top price appreciating commodities over the past year driven by several governments globally spending billions on infrastructure to aid in economic recovery.
Investor Presentation
Learn more about our project by downloading the PDF presentation below.
ABOUT OUR IRON ORE
Black Iron’s high-iron content (68% Fe), low-impurity, premium magnetite pellet-feed concentrate reduces green house gas emissions by ~30% as compared to our peers.
What is Iron Ore used for?
Iron Ore is the critical ingredient needed for sustainable energy infrastructure. High iron content grade results in increased steel blast furnace efficiency and lower steel production costs.
Iron ore is an essential component of producing Steel, which is used to build everything from bridges and buildings to automobiles, bicycles, and windmills. This makes Iron Ore essential for sustainable infrastructure development well into the future:
- The average wind turbine is made of 80% steel on average (140 metric tons).
- Steel is used in the base, pumps, tanks, and heat exchangers of solar power installations.
- Electrical steel is at the heart of the generators and motors of electric and hybrid vehicles.
Iron Industry News, Updates & Analysis
Black Iron News & Media
September 18, 2023. 11:21 AM
Black Iron General Shareholder Update
TORONTO, CANADA, September 18, 2023 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI) recently received feedback that Ukraine’s Ministry of Economy is currently reviewing the Company’s investment support agreement (“Investment Agreement”) and is generally supportive. The next steps are to receive written comments on
July 17, 2023. 1:45 PM
Black Iron Submits Ukraine Government Investment Support Agreement
For Immediate Release TORONTO, CANADA, July 17, 2023 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI) is pleased to report the submission of a proposed legally binding special investment support agreement (the “Investment Agreement”) to Ukraine’s Ministry of Economy for consultation. The Investment Agreement
February 18, 2023. 6:30 PM
Black Iron Update On Land Transfer & Investment Agreement
Black Iron’s management is primarily focused on securing land essential for the construction of the Shymanivske Iron Ore Project (the “Project“) and ensuring our permits remain in good standing. Regarding land transfer, two complementary approaches are being undertaken simultaneously to negotiate with Ukraine’s Ministry of Defence, who
Black Iron News & Updates
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