Champion Iron is a Canada-based mineral exploration and production company focused on the development and operation of high-grade iron ore deposits. The company’s flagship asset is the Bloom Lake mine, located in Quebec’s Labrador Trough region, which produces magnetite concentrate used in steelmaking. Champion Iron’s operations span from open-pit mining and ore beneficiation to logistics and shipping, supported by an on-site concentrator and rail connection to the port of Sept-Îles.
Originally part of a larger iron ore portfolio, the Bloom Lake project was acquired by Champion Iron in 2014 and underwent a major redevelopment that culminated in the resumption of commercial production in 2018. Since then, the company has invested in process optimization, equipment upgrades and environmental controls to enhance recovery rates and reduce energy consumption. Champion Iron maintains exploration initiatives to expand mineral resources in the Labrador Trough, an established iron ore district known for its high-quality deposits.
Champion Iron specializes in producing a premium 67% iron concentrate, which commands a quality premium in global steel markets. The company leverages its rail access to transport concentrate to deep-water terminals at Sept-Îles and export facilities serving Asia, Europe and North America. This integrated logistics network allows Champion Iron to supply major steel producers with consistent volumes of low-impurity feedstock, reinforcing its position as a reliable supplier in the premium iron ore segment.
Headquartered in Montreal, Champion Iron is led by an experienced management team with backgrounds in mining engineering, metallurgy and commodity marketing. The company places strong emphasis on environmental stewardship and community engagement, adhering to rigorous health and safety standards and partnering with local stakeholders to foster regional development. Through ongoing exploration and operational refinement, Champion Iron aims to strengthen its resource base and deliver long-term value for shareholders and customers alike.
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