Black Iron releases feasibility study showing 45.9% IRR, 2.2 year payback and U.S. $3.5 billion NPV for Shymanivske project
The bankable feasability study outlines an operation producing 9.2 million tonnes per year of high-grade 68% iron ore concentrate, projecting a 45.9% internal rate of return and a U.S. $3.5 billion net present value at an 8% discount rate.