Champion Iron is a leading iron ore mining and mineral exploration company, primarily operating in Quebec, Canada. The company is known for its high-purity iron ore production at the Bloom Lake Mine, positioning itself as a key player in the materials industry. Champion Iron focuses on sustainable mining practices and is committed to responsible growth.
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Historical Price Data
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Shorted
short percentage4.80%
reported shorts25.6M
shares on issue533.251M
Industry & Focus
Iron Ore
Mining
Quebec
Bloom Lake
Materials
Company Overview
AI-generated company summary
Champion Iron is a leading iron ore mining and mineral exploration company, primarily operating in Quebec, Canada. The company is known for its high-purity iron ore production at the Bloom Lake Mine, positioning itself as a key player in the materials industry. Champion Iron focuses on sustainable mining practices and is committed to responsible growth.
Company History
Champion Iron was founded with the vision of reviving the Bloom Lake Mine in Quebec, Canada. Since its inception, the company has successfully restarted operations at Bloom Lake, transforming it into a high-purity iron ore producer. Over the years, Champion Iron has expanded its operations and workforce, contributing significantly to the local economy. The company has achieved several milestones, including the successful listing on the ASX and TSX.
Competitive Advantages
Champion Iron's competitive advantages include its high-purity iron ore production, strategic location in Quebec with access to major markets, and a strong focus on sustainable mining practices. The company's experienced leadership team and successful operational track record further enhance its market position.
Risk Factors
•Fluctuations in iron ore prices
•Regulatory changes in mining policies
•Operational risks at mining sites
Recent Developments
Last 6 months
In the past six months, Champion Iron has continued to focus on expanding its production capacity at the Bloom Lake Mine and has made significant investments in sustainable mining technologies.
Key People
Leadership team at Champion Iron
MO
Michael O’Keeffe
Executive Chairman
Michael O’Keeffe is a founder and Executive Chairman of Champion Iron, having been appointed in August 2013. He previously served as the CEO until April 2019 and has a background in metallurgy and executive management.
DC
David Cataford
Chief Executive Officer
David Cataford joined Champion Iron in 2014 and became CEO in 2019. He played a crucial role in the recovery of assets and the restart of the Bloom Lake Mine, leading the company's growth projects.