Champion seals long-term rail transport pact

June 20, 2017

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Quebec-based project reviver Champion Iron has attained another milestone in its endeavours to restart mining at the high-grade Bloom Lake iron mine, after its subsidiary reached agreement with the Quebec North Shore and Labrador Railway Company (QNS&L) to transport iron-ore.
The agreement provides that iron-ore concentrate from Quebec Iron Ore’s (QIO’s) Bloom Lake property will be carried about 400 km on the QNS&L railway from the Wabush Lake junction, in Labrador City, Newfoundland and Labrador, to the Sept-Iles junction in Sept-Îles, in Quebec.

Category: General