ASX:CIAMetals and Mining
How Investors May Respond To Champion Iron (ASX:CIA) Launching DR-Grade Output At Bloom Lake Under Budget
Champion Iron Limited recently announced that it has successfully produced direct reduction quality iron ore from its DR pellet feed project at the Bloom Lake mine in Canada, with an inaugural commercial Capesize shipment of at least 160,000 wet metric tonnes expected in the third quarter of 2026 and the project completed within its approximately A$500 million budget.
The company has already secured a commercial agreement for part of its new DR capacity and is pursuing further global...