CHAMPION IRON
Gold Sponsors
Information
Champion Iron owns and operates the Bloom Lake mine located in the Labrador Trough, close to Fermont, Québec. Bloom Lake, an open-pit operation primarily sourcing energy from renewable hydroelectric power, produces 15Mtpa of low contaminant high-grade 66.2% Fe iron ore concentrate and proved its ability to produce a Direct Reduction quality iron ore concentrate. Champion’s high-purity product characteristics reduce emissions in the steelmaking process and facilitate the production of high-end steel. Champion is currently focused on further developing Direct Reduction iron ore products destined to support the global decarbonization of steel. Additionally, Champion owns exploration projects including the Kamistiatusset Project, near Bloom Lake, and the Consolidated Fire Lake North iron ore project in the Labrador Trough.