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Champion Iron Ord Shs T.CIA

Alternate Symbol(s):  CIAFF

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

Bullboard Posts
Post by sam0408on May 09, 2018 7:04am
197 Views
Post# 28002838

Herbertus Oldendorff

Herbertus OldendorffThere she is people - next ship for 20 May - 200.000 tonnes https://www.marinetraffic.com/en/ai...801/mmsi:255805876/vessel:HUBERTUS OLDENDORFF Until fully ramped-up sometime in June, the rate of production may only be around 14000 tonnes per day (16500 per train but not quite one train per day). Once ramped-up then around 20500t per day (24000t per train but not quite one train per day). A rough guesstimate, but 20500t per day x 365 days equals around 7.5 million tonnes per year. ..
Bullboard Posts