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At a press conference held earlier today, Quebec Iron Ore (“QIO”), a Champion Iron Limited (ASX: CIA) (TSX: CIA) (“Champion”) subsidiary, confirmed the March 2018 restart of the Bloom Lake Iron Ore Mine (“Bloom Lake”), located near Fermont, Quebec. After acquiring Bloom Lake in April 2016, QIO has secured the necessary funding and has been upgrading and optimizing the …
At a press conference held earlier today, Quebec Iron Ore (“QIO”), a Champion Iron Limited (ASX: CIA) (TSX: CIA) (“Champion”) subsidiary, confirmed the March 2018 restart of the Bloom Lake Iron Ore Mine (“Bloom Lake”), located near Fermont, Quebec.
After acquiring Bloom Lake in April 2016, QIO has secured the necessary funding and has been upgrading and optimizing the facilities, procuring offtake partners and forming mutually beneficial alliances with the host community. QIO is also proud to announce it is in the process of swiftly hiring more than 450 men and women who will participate in the Bloom Lake restart.
After acquiring Bloom Lake in April 2016, QIO has secured the necessary funding and has been upgrading and optimizing the facilities, procuring offtake partners and forming mutually beneficial alliances with the host community. QIO is also proud to announce it is in the process of swiftly hiring more than 450 men and women who will participate in the Bloom Lake restart.
Executive Chairman of the Board and CEO of QIO and Champion, Michael O’Keeffe said:
“The project especially required an unprecedented commitment from many partners, without whom none of this would have been possible: administrators, investors, government, partners, suppliers, union and employees.
I want to sincerely thank each and every one of them. Today, the eyes of the world are focused on an iron of exceptional quality, one of the best on the planet. And it’s right here.”
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