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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 > Rio-Tinto’s shopping season
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Comment by Curious777on Oct 07, 2023 5:15pm
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Post# 35674835

RE:RE:Rio-Tinto’s shopping season

RE:RE:Rio-Tinto’s shopping season

https://www.mining.com/web/chinas-giant-iron-ore-buyer-starts-supply-talks-with-top-miners/

 

Meanwhile, at the other end of the spectrum, Rio-Tinto is negotiating with China’s new giant iron ore buyer.
One could foresee that the four majors will end these talks in a dominating position over smaller iron ore producers, including Champion.
All part of Rio-Tinto’s shopping season… I believe.
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