Champion Iron is a Canada-based mining company primarily engaged in the production and sale of high-grade iron ore concentrate. The company operates the Bloom Lake mine, located near Fermont in Québec’s Labrador Trough, which includes an open-pit mine and a concentrator with an annual design capacity of approximately 15 million tonnes. Champion Iron’s operations extend from ore extraction and on-site processing to the logistics chain that delivers concentrate to port facilities.
The core product of Champion Iron is a premium 66% iron content hematite concentrate, which is marketed to steelmakers around the world. Following commissioning in April 2018, the Bloom Lake operation began regular shipments via rail to the Port of Sept-Îles, Quebec. From Sept-Îles, product is loaded onto Capesize vessels for export, with key markets including East Asia, Europe and North America.
Champion Iron was formed in 2015 through the acquisition of the Bloom Lake project from a previous owner and brought the mine into commercial production three years later. The company’s head office is based in Montreal, and it maintains field offices near the mine site. Over the years, Champion Iron has pursued optimization studies and expansion initiatives aimed at enhancing throughput and reducing operating costs.
Governance at Champion Iron is overseen by a board of directors and an executive management team with experience in mining development, operations and financial management. Under the leadership of President and Chief Executive Officer Ross J. Thompson, the company continues to focus on delivering consistent plant performance, expanding production capacity and maintaining strong customer relationships in key steelmaking regions.
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