


SUPPORTING UKRAINE
Black Iron has been proactive in Ukraine to support its local community. We believe Ukraine will prevail as a stronger united country and look forward to constructing our Iron Ore project so the high purity low emission steel produced can be used in rebuilding the country.
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 Continues To Progress Project Development In Central Ukraine
February 22, 2022
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.
Iron Industry News, Updates & Analysis
Black Iron News & Media
April 6, 2022. 3:44 AM
Black Iron Feasibility Study To Be Published Upon Peace In Ukraine
For Immediate Release TORONTO, CANADA, April 5, 2022 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FWB: BIN) has been advised by Wood Plc., who’s employees are the main authors of the Shymanivske Iron Ore (the “Project”) feasibility study (the “Study”), that
March 2, 2022. 7:27 PM
Black Iron’s Largest Shareholder Rab Capital Increases Ownership
For Immediate Release TORONTO, CANADA, March 2, 2022 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FWB: BIN) is pleased to report that the Company’s largest shareholder, RAB Capital, recently purchased 2,500,000 shares of the Company (“BKI Shares”) in the market at
February 22, 2022. 10:45 PM
Black Iron Continues To Progress Project Development In Central Ukraine
For Immediate Release TORONTO, CANADA, February 22, 2022 – Black Iron Inc. (“Black Iron” or the “Company”) (TSX: BKI; OTC: BKIRF; FWB: BIN) management want to reassure investors that the Company is continuing development of its Shymanivske Iron Ore Project (the “Project”) located in Central Ukraine on
Black Iron News & Updates
Subscribe now and be the first to receive project and company updates.