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Black Iron’s Product Versatility Confirmed by Chinese Study
Posted on Wednesday May 09, 2018
Black Iron Inc. (“Black Iron” or the “Company”) (BKI.TO) (BKIRF) (BIN.F) is pleased to announce the positive results of a recently completed technical study undertaken to evaluate the suitability of the iron content product expected to be produced from Black Iron’s Shymanivske project located in Kryviy Rih, Ukraine, as a raw material for the production of sinter for iron-making. This study conducted by the China Iron and Steel Research Institute (“CISRI”), China’s premier iron and steel research institute, concluded that the product expected to be produced from the Shymanivske project is well suited for this use. Blast furnaces in the Asia Pacific region typically use 70% sinter, 15% lump ores and 15% pellets as iron ore raw materials. The CISRI study highlighted that the Shymanivske product is of high quality and versatile for use across different applications. CISRI found that because of its superior chemistry and other favourable sintering characteristics, such product is suitable for combining with coarse iron ore fines as part of an overall sinter feed blend.
Black Iron Ranked by CRU as the Lowest Cost Pellet Feed Iron Ore Development Project
Posted on Wednesday May 02, 2018
Black Iron Inc. (“Black Iron” or the “Company”) (BKI.TO) (BKIRF) (BIN.F) is pleased to announce the positive results of a study commissioned by Black Iron to determine the Company’s position on the global business cost curve and capital intensity in the context of new development iron ore projects. CRU Group (“CRU”), an internationally recognised top global business intelligence provider and consultancy specializing in commodities, was commissioned to complete this study.
Black Iron Files Re-scoped Preliminary Economic Assessment Report for Phased Build Showing Post Tax 36.1% IRR and NPV of US$1.6 Billion
Posted on Thursday December 14, 2017
Black Iron Inc. has filed on SEDAR its National Instrument 43-101 Technical Report entitled "Preliminary Economic Assessment of the Re-scoped Shymanivske Iron Ore Deposit" effective November ...