|From: NetworkNewsWire (Rep: 0)||Date: 02/06/2019 15:51|
|Forum: Penny Stocks - Msg #2739 - List BKIRF msgs ||Thread #674062080 (Rec: 0) |
|NetworkNewsBreaks – Why Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Is ‘One to Watch’|
Canadian iron ore exploration and development company Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN) is focused on advancing to production its wholly owned Shymanivske Iron Ore Project, located in Krivyi Rih, Ukraine, in the southern part of the historic KrivBass iron ore mining district. An article discussing the company reads, “Black Iron’s Shymanivske’s project, which is expected to produce ultra-high-grade 68 percent iron content pellet feed iron concentrate, is generating significant interest from steel mills and global commodity trading houses. Use of ultra-high-grade 68 percent iron content product in the production of steel is a value-added product to customers since it increases blast furnace productivity and reduces greenhouse gas emissions generated per ton of steel produced. . . . The project’s proximity to rail lines (1 mile), electrical power (20 miles), seaports (140 to 260 miles) and a skilled workforce (6 miles) significantly reduces the up-front construction costs and allows for the mine to be built in a phased approach.”
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