Proactive Investors - Run By Investors For Investors

Black Iron's Matt Simpson discusses 'spectacular' revised PEA for Shymanivske

Matt Simpson, chief executive of Black Iron Inc (TSE:BKI), talks through their the new preliminary economic assessment (PEA) for the Shymanivske iron ore project in Kryviy Rih, in Ukraine.

'The numbers are spectacular', Simpson says.

The assessment from BBA Inc outlines a first phase operation producing 4Mtpa of ultra high-grade, low impurity, 68% Fe concentrate expanding to 8Mtpa starting in the fifth year of production.

 
View full BKI profile View Profile

Black Iron Inc. Timeline

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use