Black Iron is a high-grade iron ore project uniquely positioned to meet the increasing demand for Green Steel. Why Investarrow_forward WHY INVEST IN BLACK IRON? Project Overview
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.

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.

Upcoming Milestones

Several major milestones are planned to be delivered in the coming months as the project advances towards construction.
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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.
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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.
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Quality Leadership

Black Iron’s board and management are former top executives at mining powerhouses Rio Tinto, Cliffs, and Consolidated Thompson
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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.
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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.
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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

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November 7, 2024. 4:00 AM

Black Iron Signs Binding Documentation With Anglo American For A Royalty Investment With Associated Offtake And Right To Participate In Construction Funding

Black Iron Inc. is pleased to announce the signing of a legally binding royalty agreement and offtake agreement with Anglo American for a US$4 million royalty investment, offtake rights and future potential construction prepayments.
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April 8, 2024. 4:45 AM

Ukraine’s Government Has Finalized Investment Support Agreement Legislation

TORONTO, CANADA, April 8, 2024 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI) announces that Ukraine’s Ministry of Economy has finalized all of its planned updates to the Investment Support Agreement (the “Investment Agreement”) legislation and is now accepting applications through Ukraine Invest. Black
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December 21, 2023. 4:13 PM

Ukraine Investment Agreement Status Update

TORONTO, CANADA, December 21, 2023 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI) announces that it has received feedback from Ukraine’s Ministry of Economy on its Investment Support Agreement (the “Investment Agreement”) application that updates to the applicable legislation are currently being finalized and
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Black Iron News & Updates

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