Black Iron (TSE:BKI) has released an update.
Black Iron Inc. has announced that Ukraine’s Ministry of Economy has completed updates to its Investment Support Agreement legislation, which is now open for applications. The company is preparing to resubmit its application to secure favorable terms for its iron ore project development, including land leases, fixed tax rates, and import duty exemptions. This development represents a significant step for Black Iron in securing the necessary support for its Shymanivske Project amidst ongoing challenges in Ukraine.
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