Published today by Altius Mining Corp - management discussion and analysis
Champion Iron Ore is completing studies concerning the potential development of the Kami Iron Ore project in the Labrador Trough as it considers next growth opportunities to follow completion of its current expansion of the neighbouring Bloom Lake mine. Kami contains significant resources of iron ore that are believed to be amenable to producing ultra-pure concentrate products, including those that could serve the growing Direct Reduction / Electric Arc furnace steelmaking segment. Champion has commented that its studies will include options to increase planned production levels and expected iron-in-concentrate grades beyond that considered by the previous project owner within its prior feasibility studies. Results of these studies are expected to be reported in the second half of 2022.
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