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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 Jul 27, 2024 12:15pm
100 Views
Post# 36151182

RE:RE:RE:RE:Iron pellet plan

RE:RE:RE:RE:Iron pellet plan
. However, when announcing the purchase, they mentioned that a study would be filed before the end of 2023 concerning the refurbishment of the plant, also the technology is known before 2021. During the Ausimm event in Australia, a conference concerning this technology in connection with Champion is held there:
https://www.ausimm.com/publications/conference-proceedings/iron-ore-2021/development-of-a-cold-bonding-technology-to-high-grade-iron-ore-concentrate/
 
However, this cannot be the reason since it was already known even before the study was announced
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