Canadian company plans to start iron ore mining in Kryvyi Rih.
Canadian company receives permits for ore mining in Kryvyi Rih
The Canadian mining company Black Iron Inc., which has assets in Ukraine, has begun the process of obtaining permits for iron ore mining in Kryvyi Rih. According to the company, it is planned to extract ore in the northern part of the Shymanivske mine.
The dimensions of the mine will be 660 m by 390 m and will have a depth of 80 m. It is planned to extract 4.5 million tons of ore annually, with a total volume of 5.13 million cubic meters.
The company is also working on the Shymanivske iron ore project and negotiating with the government regarding the conclusion of an investment agreement. However, the main issue remains obtaining the land owned by the Ministry of Defense. The company has already signed an agreement for compensation for this land with the ministry.
In addition, Black Iron Inc. is considering other possible projects.
Read also
- Zelensky's office commented on fears regarding the lowering of the mobilization age
- Trump discussed the war in Ukraine with Erdogan: what they agreed on
- Putin shuts off mobile communication for Moscow residents: fears of diversions on May 9
- Britain Increases Pressure on Iran: Seven Citizens Detained on Suspicion of Terrorism
- Zaporizhzhia Direction: Russians are sending tankers and artillerymen to assault due to a lack of infantry
- Crimea remains a key obstacle in negotiations between Russia and Ukraine - NBC
