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Black Iron Inc T.BKI

Alternate Symbol(s):  BKIRF

Black Iron Inc. is a Canada-based iron ore exploration and development company, advancing its 100% owned Shymanivske Iron Ore Project. The Shymanivske Project is located near the city of Kryvyi Rih, in the Dnepropetrovsk Region of Ukraine near two large producing iron ore mines. The Project is surrounded by five other operating mines, including Metinvest's YuGOK and ArcelorMittal's iron ore complex. It holds an iron ore mining extraction permit over 2.56 square kilometers of land. Its subsidiary is Black Iron (Cyprus) Limited.


TSX:BKI - Post by User

Bullboard Posts
Post by tradewindsblowon Apr 15, 2017 10:02am
59 Views
Post# 26123965

resuming ?

resuming ?Metinvest notes the importance of Dneprovsky Iron and Steel Works, a part of the Industrial Union of Donbass, resuming operation, as it is the key consumer of raw materials on the Ukraine-controlled territory. The company is very important for us. But I believe it is also important as an asset for its owners. Thats probably the first shut down of the works, and they are looking for ways to resume operation, Metinvest CEO Yuri Ryzhenkov said. He believes it was the reason why IUD invited the ex-CEO of Yenakievo Iron and Steel Works. Alexander Podkorytov has had a great experience in the past three years in putting works into operation. In early April his contract with us expired, and as we no longer controlled EMZ, we came to a mutual conclusion not to prolong the contract. And almost immediately IUD got the need in such a manager and they invited him to EMZ, he said. (Ukrainian metal)
Bullboard Posts