NetworkNewsBreaks – Black Iron Inc. (TSX: BKI) (
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Posted On: 04/17/2019 5:45:36 PM
NetworkNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Anticipates Strong Economic Return from Shymanivske Project
Canadian iron ore exploration and development company Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN) anticipates commencing construction at its 100%-owned Shymanivske project by the end of 2019. An article discussing the company reads, “Upon its launch, Shymanivske is expected to produce ultra-high-grade 68% iron ore concentrate at a very low cost. The use of such ultra-high-grade iron ore in the production of steel generates an array of benefits, such as increased blast furnace productivity and reduced greenhouse emissions. . . . Because of this fact, as well as the climbing price of iron, Black Iron anticipates a strong economic return from the Shymanivske project. This return further reinforces the unique investment opportunity that the project offers due to the fact that it’s located in a region with well-established infrastructure. Most of the iron ore developments across the world necessitate the construction of high-cost rail, power lines and even ports.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Canadian iron ore exploration and development company Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN) anticipates commencing construction at its 100%-owned Shymanivske project by the end of 2019. An article discussing the company reads, “Upon its launch, Shymanivske is expected to produce ultra-high-grade 68% iron ore concentrate at a very low cost. The use of such ultra-high-grade iron ore in the production of steel generates an array of benefits, such as increased blast furnace productivity and reduced greenhouse emissions. . . . Because of this fact, as well as the climbing price of iron, Black Iron anticipates a strong economic return from the Shymanivske project. This return further reinforces the unique investment opportunity that the project offers due to the fact that it’s located in a region with well-established infrastructure. Most of the iron ore developments across the world necessitate the construction of high-cost rail, power lines and even ports.”
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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