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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 Gr8brt10on Apr 16, 2022 7:01pm
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Post# 34607908

Spot market bullish

Spot market bullishSpot DR pellet market bullish on strong demand; sources see higher premium for Q3

The spot market for direct-reduced (DR) iron ore pellet has been bullish because of strong demand, sources told Fastmarkets this week, adding that this suggests higher quarterly premium for pellet shipments in the third quarter.The spot DR pellet premium for high-quality material increased to $80-85 per tonne in mid-April from $75-80 per tonne late in March and early in April, those source said. 

https://do not advertise external sites/Article/5093834/Latest-news/Spot-DR-pellet-market-bullish-on-strong-demand-sources-see-higher-premium-for-Q3.html

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