Champion considers doubling Bloom Lake capacity

Quebec iron-ore miner Champion Iron is considering doubling the capacity of its Bloom Lake mine, near Fermont, and will complete a feasibility study before the end of the year.

Pending a positive decision resulting from an economical feasibility study, construction could start in late 2019 or early 2020 with first production as early as 2021, TSX- and ASX-listed Champion Iron said on Thursday.