Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.


home / news releases / CIA:CC - Champion Iron: A Sustainable Solution to Decarbonize Steel

CIA:CC - Champion Iron: A Sustainable Solution to Decarbonize Steel

Champion Iron Limited Ordinary Shares

2024-03-27 17:08:02 ET

Investing in Steel: The Benefits of Champion Iron's High-Purity Iron Ore

Champion Iron reports that the completion of the $1.6 billion US Phase II expansion of their Bloom Lake iron ore mine will double production to 15 million tons annually, allowing the company to meet the increasing demand for high-grade iron ore needed to decarbonize the steel industry. With governments around the world committed to reducing emissions from steel-making, demand is expected to double from 30 to 60 million tons per year in the next 18 months. Champion Iron plans to expand the volume of iron ore at its disposal and increase the quality of the product they produce. The company is debt-free, and recently started paying shareholders a dividend.

For more information on Champion Iron (TSX/ASX: CIA, OTCQX: CIAFF) please click the request investor info button.


Stock Information
Company Name: Champion Iron Limited Ordinary Shares
Stock Symbol: CIA:CC
Market: TSXC
Website: championiron.com
Menu
CIA:CC CIA:CC Quote CIA:CC Short CIA:CC News CIA:CC Articles CIA:CC Message Board
Get CIA:CC Alerts

News, Short Squeeze, Breakout and More Instantly...