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Mining Stocks to Watch
The company has a large resource base of high-grade iron ore in a good jurisdiction, making it a key solution for decarbonization. The demand for this material is expected to double in the next 18 months, with a need for ultra-pure material.
Champion owns and operates the Bloom Lake Mining Complex, an open-pit operation with two concentrators that produce a high-grade 66.2% Fe iron ore concentrate. Bloom Lake's iron ore products have attracted a premium and are shipped globally. The company also owns exploration and development projects in the Labrador Trough.
For more information on Champion Iron (TSX: CIA, OTCQX: CIAFF) please click the request investor info button.
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