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 > From Altius Mining Corp management discussion

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Post by Gr8brt10on Mar 11, 2022 11:44am

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Post# 34506799

From Altius Mining Corp management discussion

Champion Iron Ore is completing studies concerning the potential development of the Kami Iron Ore project in the Labrador Trough as it considers next growth opportunities to follow completion of its current expansion of the neighbouring Bloom Lake mine. Kami contains significant resources of iron ore that are believed to be amenable to producing ultra-pure concentrate products, including those that could serve the growing Direct Reduction / Electric Arc furnace steelmaking segment. Champion has commented that its studies will include options to increase planned production levels and expected iron-in-concentrate grades beyond that considered by the previous project owner within its prior feasibility studies. Results of these studies are expected to be reported in the second half of 2022.

https://www.marketscreener.com/amp/quote/stock/ALTIUS-MINERALS-CORPORATI-1408979/news/Altius-Minerals-2021-MD-A-39737651/