Black Iron Inc

Black Iron Inc. is a Canadian iron ore exploration and development company. The company's main focus is on the development of its Shymanivske iron ore deposit located in Kryvyi Rih, Ukraine. The Shymanivske project has an estimated resource of 646 million tonnes of iron ore, with an average grade of 31.6% iron. Black Iron is currently working on obtaining the necessary permits and financing to begin construction of the mine and processing plant. The company is also exploring other potential iron ore projects in Ukraine. Black Iron Inc. is listed on the Toronto Stock Exchange under the symbol "BKI".

Stock Quotes

Black Iron Inc. is a Canadian iron ore exploration and development company that is focused on advancing its Shymanivske project located in Ukraine. The company has several competitive advantages that differentiate it from its peers:

1. Strategic Location: Black Iron's Shymanivske project is strategically located in Ukraine, which is a major producer of iron ore and has a well-established mining industry. The project is also located close to major infrastructure, including rail, power, and water, which reduces the cost of transportation and logistics.

2. High-Quality Iron Ore: The Shymanivske project has high-quality iron ore with a 68% iron content, which is higher than the industry average. This makes the project more attractive to potential customers and investors.

3. Experienced Management Team: Black Iron has an experienced management team with a proven track record of successfully developing and operating mining projects. The team has extensive experience in Ukraine and has established strong relationships with local stakeholders.

4. Strong Financial Position: Black Iron has a strong financial position with no debt and a significant cash balance. This provides the company with the financial flexibility to advance the Shymanivske project and pursue other growth opportunities.

5. Environmental and Social Responsibility: Black Iron is committed to environmental and social responsibility and has implemented sustainable practices in its operations. The company has also established strong relationships with local communities and stakeholders, which reduces the risk of social and political issues.


1. Lack of established production: Black Iron Inc. has not yet established any production facilities, which puts it at a disadvantage compared to its peers who have already established production facilities.

2. Limited financial resources: The company has limited financial resources, which may limit its ability to compete with its peers who have more financial resources.

3. Dependence on a single project: Black Iron Inc. is heavily dependent on its Shymanivske project in Ukraine, which puts it at risk of failure if the project does not succeed.

4. Political and economic instability: The company operates in Ukraine, which is known for its political and economic instability. This puts the company at a disadvantage compared to its peers who operate in more stable countries.

5. Limited diversification: Black Iron Inc. is primarily focused on iron ore mining, which limits its diversification compared to its peers who have a more diversified portfolio of products and services.

6. Limited market presence: The company has a limited market presence compared to its peers, which may limit its ability to compete in the global market.

7. Limited technological capabilities: Black Iron Inc. may have limited technological capabilities compared to its peers, which may limit its ability to innovate and stay competitive in the long run.

Peer Comparisons

Price -- 74.595

Open - 70.58

Low - 70.37

Close - 71.5

High - 71.79

Ticker 1 - BKI

Ticker 2 - BKIRF

Ticker 3 - BIN

Exchange 1 - TSX

Exchange 2 - OTC Pink

Exchange 3 - F

Primary Info
Date Established
198 Davenport Rd, Toronto, ON M5R 1J2, Canada
Website Data
Meta Title
BlackIron | Data Center Solutions
Meta Description
BlackIron is a leading provider of IT services and solutions for businesses of all sizes. We specialize in cloud computing, managed services, and IT consulting.
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Second Title
blackiron, web design, web development, web hosting, SEO, digital marketing, ecommerce, web applications

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