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 > VIRTUAL

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Comment by ElanS2on Feb 08, 2022 4:49pm

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Post# 34410298

RE:RE:VIRTUAL

69% DRI will require further concentration enabled by flotation. That is not part of phase 2. Initially we will get more of the same product. No problem with that. This gang is brilliant in their planning and execution. He said full phase 2 production by year end. From past performance I would not be surprised to see it reached by the end of Q3, Sept not Dec.

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Cannara reports record growth and profitability in Q4 2023