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.

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.
ANNOUNCEMENT

Black Iron Selects Cargill As Ukraine High-grade Iron Ore Offtake Purchaser With A USD $75m Finance Facility.

May 10, 2021
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.

Black Iron Ore Stock Price

See our most recent stock price below, updated hourly.

TSX: BKI

$0.27
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