Champion Iron: Greener High-Grade Iron Ore Production Fuels Global Demand and Profitability | David Cataford, CEO , Champion Iron Ltd. 00:10:00
Champion Iron Limited, via its subsidiary Quebec Iron Ore Inc., operates the Bloom Lake Mining Complex, located in the Labrador Trough near Fermont, Québec. The open-pit operation produces premium 66.2% Fe iron ore concentrate with low contaminants, fetching higher prices than the standard Platts IODEX 62% benchmark. With a capacity of 7.4 Mtpa, Bloom Lake Phase I is complemented by the ongoing Bloom Lake Phase II project. Champion Iron also holds significant exploration assets, including the Kamistiatusset and Consolidated Fire Lake North projects.