Iron Ore Price Strength Generates Significant Offtake Interest in Shymanivske Project

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Sep 08, 2020
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TORONTO, ON / ACCESSWIRE / September 8, 2020 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI, Financial) announces that it has received a substantial increase in interest from groups looking for iron ore offtake given the sharp increase in iron ore prices and China's efforts to diversify away from its strong reliance on Australian iron ore. This includes interest from parties already well advanced in their due diligence such as Glencore and several new steel mills that have been in recent contact with the Company.