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Bullboard - Stock Discussion Forum
Champion Iron Ord Shs
T.CIA
Alternate Symbol(s):
CIAFF
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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TSX:CIA - Post Discussion
Champion Iron Ord Shs
> Iron ore price jumps facing labour shortage
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Captgo01
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Post by
Captgo01
on Jan 25, 2022 12:50pm
Iron ore price jumps facing labour shortage
https://www.mining.com/iron-ore-jumps-as-fortescue-bhp-and-rio-tinto-face-labour-shortage/
(1)
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OuijaFund
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Comment by
OuijaFund
on Jan 25, 2022 3:57pm
Along the same lines, I read an interesting thesis on Twitter by @paul01young that says that Omicron could reduce Australian iron ore shipments in 2022:
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