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Champion Iron Ord Shs T.CIA

Alternate Symbol(s):  CIAFF

Steel Steel
Champion Iron Limited is an Australia-based iron ore exploration and development company. The Company, through its wholly owned subsidiary, Quebec Iron Ore Inc., owns and operates the Bloom Lake Mining Complex, located on the south end of the Labrador Trough, approximately 13 kilometers (km) north of Fermont, Quebec. Bloom Lake is an open-pit operation with two concentrators that primarily source energy from renewable hydroelectric power. The Company ships iron ore concentrate from Bloom Lake by rail, to a ship loading port in Sept-lles, Quebec, and has sold its iron ore concentrate to customers globally, including in China, Japan, the Middle East, Europe, South Korea, India and Canada. In addition to Bloom Lake, Champion owns a portfolio of exploration and development projects in the Labrador Trough, including the Kamistiatusset Project, located a few km south-east of Bloom Lake, and the Cluster II portfolio of properties, located within 60 km south of Bloom Lake.


TSX:CIA - Post by User

Champion Iron Ord Shs
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Comment by goliath06on Jul 21, 2019 10:34am
152 Views
Post# 29943891

RE:RE:Ocean freight eating profits

RE:RE:Ocean freight eating profits
I would be curious as well...freight is nowhere near that price..i just received the report from CHAMPION but I haven't yet to reach that part about freight cost but I did see Interview on bnn with the CEO say 2 weeks ago and his answer to freight cost sounded more like 20usd..i will be reading the rest of the report and let you know what I find...glta
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Dealroom for high-potential pre-IPO opportunities