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 > Ukraine effects??

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Post by evnut1980on Feb 21, 2022 7:14pm

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Post# 34448747

Ukraine effects??

What does everyone think of how this Ukraine garbage might affect CIA? On one hand it could drag down overall markets (ie futures down now) and CIA with it, but on the other hand the supply disruptions out of Russia could lead to higher ore prices(??) and CIA would do well being located in a politically stable place.
So far its holding up okay over $6 canadian on the Aus market.
Any thoughts would be appreciated as I could be totally wrong, not an expert.

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