Champion Iron is an iron ore exploration and development company with major projects in the southern Labrador Trough, Canada’s largest source of iron ore.
Champion Iron, through its subsidiary Quebec Iron Ore, acquired the Bloom Lake Mine in 2016 and has since completed a major relaunch project.
The mine is up and running since February 2018 and offers very promising profitability prospects.
Champion Iron facilities connect directly to railway assets and a modern port dedicated to ore export.
Champion Iron produces a superior iron ore concentrate with a 66.2% Fe content from its Bloom Lake Mine.
Champion Iron’s environmental policy exceeds mining industry standards.
Champion Iron is developing 8 iron-rich projects in a 908 km2 area. Its measured and indicated mineral resources total 1.7 billion tonnes, while inferred resources total 4.7 billion tonnes.