BlackRock Metals, a privately-owned Canadian company established in 2008, is developing a fully integrated, environmentally enhanced, metals & materials manufacturing business from its wholly-owned, world-class vanadium and titanium bearing magnetite (“VTM”) and ilmenite deposit in Quebec, Canada. Focused exploration by BlackRock has paid dividends to understand the depth and extent of the naturally occurring metals and materials in Chibougamau. BlackRock’s business plan calls for delivery, as the global low cost producer, of ferrovanadium, high purity merchant pig iron (“MPI”), and titanium feedstocks for the US and European markets with minimum environmental issues, maximum social benefit and excellent potential returns for its stakeholders.
As a result of superior grades, world class tonnages, clean mineralogy, exceptional metallurgical recoveries, low cost hydro power and the excellent logistics of its location, BlackRock enjoys an unparalleled market advantage and the distinction of emerging as the lowest cost producer of high purity pig iron, ferrovanadium steel additives and high quality titanium feedstocks in the world.
The Company’s head office is located in Montreal, Quebec; with a regional office in Chibougamau, Quebec where it has already invested over $70 million for exploration and delineation of its plans for the BlackRock Project with a strong economic and social benefit. BlackRock has been strongly supported by local comminutes, First Nations, regional economic development groups, municipal governments, the Government of Quebec (Provincial) the Government of Canada (Federal).
The Company’s high-performance culture is guided by its experienced management team.
BlackRock Metals’ mission is to become the global low cost producer in all of its product offerings and to position itself as a profitable and responsible company for its stakeholders as well as a sustainable and productive organization in the regions in which the Company operates.
The Company is determined to build the lowest cost specialty metals & materials manufacturer for innovative aerospace, automotive and construction materials suppliers. The strategy is to fully integrate BlackRock’s best-in-class raw materials with forward thinking Envirogreen manufacturing processes and distribute its products via established infrastructure utilizing a geographical location near the US border to establish a sustainable competitive advantage. BlackRock Metals is led by a strong team of experienced professionals with complementary expertise in the development of advanced projects to execute its strategy.