Champion resumes railway services after Quebec fires

13th June 2023 By: Esmarie Iannucci - Creamer Media Senior Deputy Editor: Australasia

PERTH (miningweekly.com) – ASX- and TSX-listed Champion Iron has resumed railway services from its Bloom Lake mine, in Quebec, to the Port of Sept-Îles.

The company on June 6 announced interruptions to the railway line following forest fires north of Sept-Îles. As the forest fires recently subsided in the region, no significant damage was identified to the railway following inspections by its operator, resulting in a gradual reopening of services.

On June 10, Champion successfully completed its first rail shipment from Bloom Lake to the Port of Sept-Îles since the interruptions to the railway.

The miner on Tuesday said that despite supply chain challenges impacting operations, Bloom Lake operated continuously throughout the railway interruptions and stockpiled iron-ore concentrate at the Bloom Lake mining complex. Following the gradual ramp-up in capacity of the railway and limited additional availability of rolling stock to accommodate excess volumes beyond Bloom Lake’s production capacity, the company expects material delays in sales of its stockpiled iron-ore concentrate at Bloom Lake.