Champion Iron Ord Shs CIAFF

(TSX:CIA) High-Grade Iron Ore Crucial for Green Steel Trans.

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3,861 views Sep 28, 2023

Interview with David Cataford, CEO of Champion Iron Ltd Our previous interview: https://www.cruxinvestor.com/posts/ch... Recording date: 27th September 2023 Here is a draft company introduction for Champion Iron using the attached files: Champion Iron Limited (TSX: CIA) is an iron ore production and exploration company focused on the mining and development of high-grade iron ore projects in the Labrador Trough region of eastern Canada. The company's main asset is the Bloom Lake iron ore mine located near Fermont, Quebec. Bloom Lake is a long-life asset with approximately 20 years of mine life remaining and estimated reserves of 807 million tonnes grading 29.0% iron. In the fiscal year 2923, Champion Iron produced 11.2 million tonnes of iron ore concentrate from Bloom Lake with an average grade of 66.2% iron. The company has a nameplate capacity of 15 million tonnes per year across two production lines, and is targeting an expansion to 20 million tonnes per year in the coming years. Champion Iron is focused on producing a very high-purity iron ore concentrate to supply the electric arc furnace steelmaking market. This type of iron ore attracts premium pricing given its low impurities which aid cleaner steel production. The company also owns the Fire Lake North iron ore project located adjacent to Bloom Lake which has potential to add an additional 7-10 million tonnes per year of production. With its high-grade iron ore assets located in a stable mining jurisdiction, Champion Iron is positioned to benefit from rising demand for high-purity iron ore to enable low-emission steel manufacturing. The company offers investors exposure to the steel value chain and decarbonization thematic as the world transitions to greener steel production methods.

Champion Iron (TSX:CIA) - High-Grade Iron Ore Crucial for Green Steel Transition - YouTube