NetworkNewsBreaks – Black Iron Inc. (TSX: BKI) (
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Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN), a Canadian iron ore exploration and development company, is focused on the development of its Shymanivske iron ore deposit located in Kryvyi Rih, Ukraine. An article discussing the company reads, “The Shymanivske project has been ranked by the CRU Group in the lowest position of the business cost curve for pellet-feed projects currently under development and as the second-lowest in capital intensity (construction capital divided by annual production) within CRU Group’s extensive database (http://nnw.fm/3MXsT). This low-cost position makes the project economics very robust to any shocks in iron ore price while providing a very high return at current and forecast prices.”
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