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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 PROINVESTALOTon Mar 18, 2020 12:13pm
213 Views
Post# 30821908

RE:Not just bad news for Champion

RE:Not just bad news for ChampionYou are absolutely right on that. Also, I do think that iron ore prices will explode very very soon as all the majors countries including China and US will announce tons of infrastructures projets to restart their economy. Iron ore market is a pretty thight one and unusual major extra demand will affect positively iron ore price. Scaring to invest now but probably what a reward...
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