NetworkNewsBreaks – Black Iron Inc. (TSX: BKI) (
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Posted On: 03/08/2019 6:46:45 PM
NetworkNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) in Favorable Position Thanks to Shymanivske Project Potential
Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN), a Canadian iron-ore exploration and development company, holds an ideal position amid recent supply shortages and the subsequent tension in the global iron ore market. The company is currently developing the Shymanivske iron-ore deposit to produce profitable, high-grade pellet feed containing 68 percent iron. An article discussing the company reads, “Black Iron recently reaffirmed economic projections for its Shymanivske Project in a news release (http://nnw.fm/SY7o8), noting that the premium 68-percent iron, pellet-feed product that Black Iron plans to produce is expected to sell for a significantly higher price than benchmark iron ore for at least the next two to three years. The company intends to build its Shymanivske Project in two phases, taking advantage of its proximity to rail, power, ports and skilled labor to reduce the upfront capital and time required to generate cash flow (http://nnw.fm/Q8O5r).
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN), a Canadian iron-ore exploration and development company, holds an ideal position amid recent supply shortages and the subsequent tension in the global iron ore market. The company is currently developing the Shymanivske iron-ore deposit to produce profitable, high-grade pellet feed containing 68 percent iron. An article discussing the company reads, “Black Iron recently reaffirmed economic projections for its Shymanivske Project in a news release (http://nnw.fm/SY7o8), noting that the premium 68-percent iron, pellet-feed product that Black Iron plans to produce is expected to sell for a significantly higher price than benchmark iron ore for at least the next two to three years. The company intends to build its Shymanivske Project in two phases, taking advantage of its proximity to rail, power, ports and skilled labor to reduce the upfront capital and time required to generate cash flow (http://nnw.fm/Q8O5r).
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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