Canada’s Black Iron Inc. is advancing on winning land rights and construction financing for what could be a $1 billion mining and processing plant in Kriviy Rih
Thursday, September 6, 2018

Canada’s Black Iron Inc. is advancing on winning land rights and construction financing for what could be a $1 billion mining and processing plant in Kriviy Rih

Canada’s Black Iron Inc. is advancing on winning land rights and construction financing for what could be a $1 billion mining and processing plant in Kriviy Rih, the company reported Tuesday from Toronto. Ukraine’s Defense Ministry has offered to lease training land to Black Iron for a processing plant and storage of tailings. Estimated to hold 646 million tons of ‘measured and indicated mineral resources,’ the project, known as Shymanivske, is surrounded by five other operating iron mines, including ArcelorMittal’s ore complex. With power line and rail connections nearby, operational costs are expected to be low.

Previous post
Ukraine’s An-124 Ruslan, the world’s largest military air transport, has flown a German tank and a combat vehicle halfway around the planet

Ukraine’s An-124 Ruslan, the world’s largest military air transport, has flown a German tank and a combat vehicle halfway around the planet

Next post
Norway’s NBT plans to develop nearly $2 billion worth of wind farms, generating 1.1 gigawatt of power,

Norway’s NBT plans to develop nearly $2 billion worth of wind farms, generating 1.1 gigawatt of power,

Previous Main Topics