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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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Post by sam0408on Mar 09, 2021 9:52am
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Post# 32751485

65% Fe down to US$189/t

65% Fe down to US$189/t

IRON ORE DAILY: Prices dip amid strictest emissions restrictions in Tangshan

Iron ore prices largely retreated on Tuesday March 9 due to there being the most strict emissions restrictions in Tangshan since 2017, sources told Fastmarkets.

Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $164.41 per tonne, down $9.93 per tonne
62% Fe low-alumina fines, cfr Qingdao: $164.67 per tonne, down $9.96 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $153.04 per tonne, down $9.02 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $189.30 per tonne, down $9.10 per tonne
62% Fe fines, fot Qingdao: 1,158 yuan per wet metric tonne (implied 62% Fe China Port Price: $165.65 per dry tonne), down by 29 yuan per wmt
Key drivers

The most-traded May iron ore futures contract on the Dalian Commodity Exchange (DCE) fell quickly in the afternoon trading session, down by 9.8% from Monday’s...

https://www.metalbulletin.com/Article/3978659/Iron-ore-all/IRON-ORE-DAILY-Prices-dip-amid-strictest-emissions-restrictions-in-Tangshan.html


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