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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 Borealisteon Jul 25, 2024 6:18pm
126 Views
Post# 36148927

RE:RE:Iron pellet plan

RE:RE:Iron pellet planok thanks, I already know that living in 7-iles, but how do you explain the purchase of the factory and their publication and interview on the study of a reopening and then their silence. We know that this factory is in very poor condition, so what is the justification for the purchase, for investing in a study? The port of 7-iles was lining up to demolish it and champion came forward just before to buy it with the intention of putting it back into service. They also know what condition it is in and they mentioned it during the interview that it needed love,
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