Black Iron Inc.

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Market Cap:
$14.9 m
0.08 CAD
52 weeks high
52 weeks low

In brief

Black Iron (TSX:BKI,OTC:BKIRF,FWB:BIN) is developing an iron ore mine ranked as having the highest financial return and lowest cost development project globally by market intelligence firms Wood MacKenzie and CRU.  Exceptional skilled labor and infrastructure access along with the very high 68% iron content purity of its final product differentiates Black Iron.  Memorandum of understanding signed with Glencore for offtake in exchange for significant construction investment. Company is currently securing the balance of funding and land required for construction with several major announcements to be made over the coming year.

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The project is situated in a developed iron ore mining region with well-established infrastructure

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Dr Ryan D. Long, gives his thoughts on Black Iron Inc. following an analyst call with the company's CEO, Matt Simpson.

1 day, 16 hours ago