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.

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Champion Iron Ord Shs > From TD this morning

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Comment by OuijaFundon Jan 27, 2022 9:05am

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Post# 34366002

RE:From TD this morning

Best part of that TD commentary:

We are forecasting 11.9Mt of saleable production in FY2023 (April 2022-March 2023).

That means 50% Phase 2 capacity operation in debut FY, that is solid.

I hope the Port is ready to handle the additional material that Champion will ship.

Anyone know if/when the stacker/reclaimer arrives at the port? Seems important for loading the additional material.

In April 2021, listed as a Phase 2 Milestone: