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 > Was the railroad shut down during fire season ?

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Comment by ElanS2on Oct 29, 2024 11:55am

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Post# 36286909

RE:Was the railroad shut down during fire season ?

From LIF :
IOC's total saleable production (CFS plus pellets) for the third quarter of 2024 was 11% lower than the same quarter last year due to an 11-day site-wide shutdown following forest fires in mid-July.

This does not refer to QNS&L. This could have been an opportunity for Bloom to ship more of the stockpiled production. Sales may have exceeded production. That would be nice !

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