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Champion Iron Ord Shs CIAFF


Primary Symbol: T.CIA

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

Comment by Curious777on Oct 04, 2023 2:15am
311 Views
Post# 35668323

RE:Rio-Tinto’s shopping season

RE:Rio-Tinto’s shopping season
Let’s remember that, as former Chairman of Riverdale Mining (7 years: 2004-2011), Mr O’Keeffe starred in such a movie where he held the key role: leading the development of Riverdale from a junior until it was acquired by Rio-Tinto for A$4 billion.
 
No doubt, O’Keeffe, has the right casting and he masters the scenario that was obviously discussed with Rio-Tinto from Champion’s first move, 7 years ago.
 
Will be acquired by Rio-Tinto before the end of 2023?

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