Champion Iron Ltd
Champion Iron Limited, through its subsidiary Quebec Iron Ore Inc., owns and operates the Bloom Lake Mining Complex, located on the south end of the Labrador Trough, approximately 13 km north of Fermont, Québec.
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Champion Iron: A Sustainable Solution to Decarbonize Steel
Champion Iron reports that the completion of the $1.6 billion US Phase II expansion of their Bloom Lake iron ore mine will double production to 15 million tons annually, allowing the company to meet the increasing demand for high-grade iron ore needed to decarbonize the steel industry.
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Champion Iron: High-grade Iron for Decarbonization
Champion Iron has a large resource base of high-grade iron ore in a good jurisdiction, making it a key solution for decarbonization. The demand for this material is expected to double in the next 18 months, with a need for ultra-pure material.
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