Iron Ore
Explore how Champion Iron is setting new standards in the iron ore industry with its sustainable mining practices and high-grade production.
On FOX Business News broadcast on Sunday, May 7 at 5:30 ET – BTV - Business Television interviews emerging companies in the markets with the following companies:
Champion Iron reports that the completion of the $1.6 billion US Phase II expansion of their Bloom Lake iron ore mine will double production to 15 million tons annually, allowing the company to meet the increasing demand for high-grade iron ore needed to decarbonize the steel industry.
Champion Iron 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.