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Champion Iron Ord Shs T.CIA

Alternate Symbol(s):  CIAFF

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 Borealisteon May 30, 2024 9:01am
150 Views
Post# 36064047

RE:RE:Railroad choke point ?

RE:RE:Railroad choke point ?it is indeed a problem, there is ore which accumulates in inventory, it remains an asset which grows in the hope that at the same time the price of high grade iron increases, if this were the case we would still accumulate the value . We no longer hear about the pellet factory, it has already been 6 months since the study on this project was to be finalized, does anyone know what?

c'est effectivement un problme, il y a du minrais qui s'accumule en inventaire,  ca demeure un actif qui grossit en esperant que en parallele   le prix du fer haute teneur augmente,  si tel serait le cas on accumulerait tout de meme de la valeur .  On entend plus parler de l'usine de boulette,  il y a deja 6 mois que l.tude sur ce projet devait etre finalis quelqu'un sait de quoi ?
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