Black Iron selects Cargill as iron ore offtake purchaser for Ukraine project

Canadian iron ore exploration and development company Black Iron will negotiate offtake rights and financing with US commodities supplier Cargill for its Shymanivske iron ore project in Ukraine, Black Iron announced on Monday May 10.

The offtake rights will involve the initial 4 million tonnes per year of production from the mine, while the financing will be for a $75 million facility to be used for project construction. Black...

Published

Min Li

May 12, 2021

13:35 GMT

Shanghai