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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 > Supportive of iron ore price
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Comment by Gr8brt10on Feb 26, 2022 1:37am
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Post# 34463929

RE:RE:RE:RE:Supportive of iron ore price

RE:RE:RE:RE:Supportive of iron ore priceAccording too Daniel Newell of Bloomberg - Thursday 24 February - Japan looks to Pilbara for iron ore with expectations of Russia-Ukraine supply squeeze.

CIA recently stated that it already ships 30-40 per cent of production to Japan so the demand for its high grade ore from Japan will have just got ever greater.
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