Champion’s Quebec mine achieves shipping milestone
TSX- and ASX-listed Champion Iron’s Bloom Lake mine has shipped its tenth million tonne of high-grade 66.2% iron concentrate from the Port of Sept-Îles multi-user terminal, less than 18 months after it was recommissioned and achieved full nameplate capacity within its first year of operation.
Full nameplate capacity for Bloom Lake is 7.4-million tonnes a year and allows Champion to benefit from access to a deep-water terminal where a cape-size vessel can be loaded in less than 40 hours.
The delivery and sale of the Bloom Lake high-grade iron-ore concentrate to end-users in Asia, Europe and the Middle East is being completed at a time of rising demand for high-grade iron-ore concentrate with low impurities, a statement on Monday said.
"The ten-millionth tonne is a significant milestone for our company after recommissioning the Bloom Lake mine in February 2018,” commented CEO David Cataford, who noted that the company had a “leading role” in the development of the Labrador Trough, a region that is said to have the capacity to handle the proposed Phase 2 expansion of Bloom Lake.
The feasibility study for the Phase 2 expansion envisions doubling Bloom Lake’s overall capacity from 7.4-million tonnes a year to 15-million tonnes a year of 66.2% iron content concentrate. The miner has made available a C$68-million budget to advance the project during the remainder of the year.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.
VISIT SHOWROOM
Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
