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Champion Iron inks rail transport deal for Bloom Lake iron ore

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Champion Iron inks rail transport deal for Bloom Lake iron ore

Champion Iron Ltd. said Oct. 13 that its subsidiary Québec Iron Ore Inc. signed a rail transportation and port-facilities access agreement with the Société Ferroviaire et Portuaire de Pointe-Noire for the transportation, unloading, stockpiling and loading of iron ore concentrate from Sept-Iles to Pointe-Noire, Québec.

The deal will provide for a transportation solution for the remaining distance to the port-facilities at Pointe-Noire, following a prior rail transport agreement with the Quebec North Shore and Labrador Railway Co. Inc. for iron ore shipments from the Bloom Lake property to Sept-Iles in June.