TORONTO, CANADA / ACCESSWIRE / September 30, 2020 / Black Iron Inc. ("Black Iron" or the "Company") (TSX:BKI, Financial) has set October 9, 2020 as the submission date for expressions of interest to be received from steel mills and global traders to secure the rights to purchase its initial entire expected annual production of 4 million tonnes of pellet feed, in exchange for making a substantial investment towards construction of the Shymanivske iron ore project (the "Project"). There are several multi-billion market capitalization companies participating in this competitive process given their interest in Black Iron's very low expected operating and construction costs to produce an ultra premium 68% iron content product in close proximity to several steel mills.
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