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.

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Champion Iron Ord Shs > Iron ore price up another 3.26% to $112.39

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Comment by Jstringon Oct 08, 2024 1:05pm

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Post# 36258062

RE:Iron ore price up another 3.26% to $112.39

in fact it is the time difference linked to the opening of the Asian markets. We were also expecting at the opening of yesterday's markets in China, an announcement on monetary easing measures which ultimately did not materialize. On the other hand, after the announcements made around ten days ago, I sincerely believe I can imagine a good economic recovery, especially in the Chinese real estate in the short term, which will cause prices of iron to rise

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