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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 Bertuccio69on Feb 03, 2020 10:51am
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Post# 30634080

RE:RE:RE:Iron ore 65% fe spot price down 18%

RE:RE:RE:Iron ore 65% fe spot price down 18%true, nothing to panic. But it will have a certain impact on the SP and the the result of the next quarter. no one knows what will hapen with that virus and it has an impact on different sectors of the economy worldwide. Tourism, automotive, airlines, construction...Still positive for the futur, but CIA will face a bumpy road over the next weeks. 
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