About Champion

Leader in High-Grade
Mining & Development

Discover the unique vision of a company that instills its mark worldwide
in iron ore exploration and development.

Listed on the ASX and TSX under symbol “CIA” and available to trade on the OTCQX under symbol “CIAFF”

Champion, 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 kilometres north of Fermont, Québec. Bloom Lake is an open-pit operation with two concentration plants that primarily source energy from renewable hydroelectric power, having a combined nameplate capacity of 15 million wet metric tonnes per year that produce lower contaminant high-grade 66.2% Fe iron ore concentrate with a proven ability to produce a 67.5% Fe direct reduction quality iron ore concentrate. Benefiting from one of the highest purity resources globally, Champion is investing to upgrade half of the Bloom Lake’s mine capacity to a direct reduction quality pellet feed iron ore with up to 69% Fe. Bloom Lake’s high-grade and lower contaminant iron ore products have attracted a premium to the P62 index. Champion ships iron ore concentrate from Bloom Lake by rail, to a ship loading port in Sept-Îles, Québec, and has delivered its iron ore concentrate globally, including in China, Japan, the Middle East, Europe, South Korea, India and Canada. In addition to Bloom Lake, Champion owns the Kami Project located near available infrastructure and only 21 kilometres southeast of Bloom Lake. On July 21, 2025, Champion entered into a definitive framework agreement with Nippon Steel Corporation and Sojitz Corporation to form a partnership for the shared ownership and potential development of the Kami Project. Champion also owns a portfolio of exploration and development projects in the Labrador Trough, including the Cluster II portfolio of properties, located within 60 kilometres south of Bloom Lake.

Champion Iron represents the future of the Canadian iron mining industry.

Proven
management
Skilled
workforce
Innovative
technologies
Major investments in state-of-the-art EQUIPMENT
An exemplary environmental approach

Organizational chart

 

A strong history of value creation
and operational ability

Spacer

July 21, 2025

Champion Iron enters into a definitive agreement with Nippon Steel and Sojitz to form a partnership for the Kami Project.

Read the press release »

Spacer

December 18, 2024

Champion Iron announces a partnership with Nippon Steel and Sojitz to advance the feasibility assessment and potential development of the Kami Project.

Read the press release »

Spacer

November 29, 2023

Champion Iron completes US$230M term loan financing, increasing liquidity for growth opportunities to decarbonize steelmaking.

Read the press release »

Spacer
Spacer

January 26, 2023

Champion Iron announces that Bloom Lake Phase II expansion reaches commercial production and the positive findings of the direct reduction pellet feed project feasibility study.

Read the press release »

Spacer

May 3, 2022

Champion Iron completes first rail shipments from the Bloom Lake mine’s Phase II expansion.

Read the press release »

Spacer
Spacer
Spacer

June 20, 2019

Champion Iron announces an after-tax IRR of 33.4% in feasibility study for the phase II expansion at Bloom Lake.

Read the press release »

Spacer

June 20, 2019

Reports strong first year results
Achieves record production of 6,994,500 wmt of high-grade 66.4% Fe concentrate and strong operating cash flow of $176.7 million for the first full year.

Read the press release »

Spacer

February 22, 2018

Commissioning of the mine
The first train loaded with 16,500 metric tonnes of high-grade 66% Fe concentrate from QIO’s Bloom Lake Iron Ore Mine (“Bloom Lake”) left Fermont for Sept-Îles.

Read the press release »

Spacer

April 11, 2016

Champion Iron, through its subsidiary Quebec Iron Ore, acquired the Bloom Lake Mine and related rail assets from affiliates of Cliffs Natural Resources Inc.

Read the press release »

Spacer

February 7, 2013

Champion Iron presented the results of a preliminary feasibility study for the Consolidated Fire Lake North (CFLN) project, located in the center of the Fermont Iron Ore District (FIOD). The study estimates the CFLN’s net present value at $3.3 billion, net of 8% cash flow, with a 30.9% internal rate of return and a 3.4-year payback period for initial capital.

The average production of iron ore concentrate will yield 9.3 million tonnes annually (Mtpa), with an impressive 66% Fe iron content over a 20-year mine life.

A resource of
Superior Quality

The high-grade iron ore concentrate is obtained from an iron oxide ore—a high quality, coarse specular hematite—which liberates at a corse grind size, with no sign of deleterious elements.

The company continues to increase its efforts to eliminate risks related to its projects and to maximize economic aspects by working with other stakeholders in the Labrador Trough.

To learn more about Champion Iron and its subsidiaries, contact us.