CIA - Australia-based exploration and development company

Hey, this is AUStock_Pedia.

I would like to introduce some Australian companies that may be of some help to your investments.

The company I'm going to introduce is Champion Iron Limited$Champion Iron Ltd(CIA.AU)$ .

It went public on 15 June 2007, and began trading on Australia’s ASX under the ticker symbol "CIA".

[Company Profile]

Champion Iron Limited is an Australia-based exploration and development company. The Company, through its subsidiary Quebec Iron Ore Inc., owns and operates the Bloom Lake Mining Complex, located on the south end of the Labrador Trough, approximately 13 kilometers (km) north of Fermont, Quebec.

Bloom Lake is an open-pit truck and shovel operation with a concentrator, and it ships iron ore concentrate from the site by rail, initially on the Bloom Lake Railway, to a ship loading port in Sept-Iles, Quebec.

The Company owns a portfolio of exploration and development projects in the Labrador Trough, including the Kamistiatusset Project located a few kilometers south-east of Bloom Lake, and the Consolidated Fire Lake North iron ore project, located approximately 40 km south of Bloom Lake.

The Company sells its iron ore concentrate globally to customers in China, Japan, the Middle East, Europe, South Korea, India and Canada.

[History & Events]

In 2006, Champion Iron Limited founded and is headquartered in Rozelle, Australia.

In 2007, Champion Iron Limited went public on Australia’s ASX under the ticker symbol "CIA".

In 2012, Champion Iron raised CA$30,000,000 / Post Ipo Equity from Canaccord Genuity Group and 4 other investors.

In 2016, Champion Iron, through its subsidiary Quebec Iron Ore, acquired the Bloom Lake Mine and related rail assets from affiliates of Cliffs Natural Resources Inc.

In 2016, Champion Iron raised $30,000,000 / Post Ipo Equity from Resource Capital Funds and Wynnchurch Capital.

In 2018, Champion Iron Subsidiary, Quebec Iron Ore, signs a long-term strategic services partnership agreement with Metso.

In 2019, Champion Iron completes refinancing and acquisition of 100% of Bloom Lake.

In 2020, Champion Iron stock flies as $75m warrants exercised.

In 2021, Wynnchurch Capital sells Champion Iron shares for C$172m.

[Main Business Segments]

[Net Income & Total Revenue]​

[Competitors]

$Strandline Res Ltd.(STQNF)$

$Power Metals Corp.(PWRMF)$ $POWER METAL(POW.UK)$

$Strategic Minerals Plc(SMCDF)$

$Inner Mongolia Xingye Mining Co.,Ltd(000426)$

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