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Champion Iron Ord Shs CIAFF


Primary Symbol: T.CIA

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 > Bullish Move by IOC - Lab Mine Restarting Operations
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Post by quinlashon Jul 23, 2024 2:41pm
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Post# 36144795

Bullish Move by IOC - Lab Mine Restarting Operations

Bullish Move by IOC - Lab Mine Restarting Operations
Looks like the spot price for Iron Ore has finally held high enough for long enough to warrant the re-opening of the mine in Labrador.

https://labradorironore.com/news/ioc-restarting-operations-in-labrador-city-9151/
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