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CHAMPION IRON ANNOUNCES AN AFTER-TAX IRR OF 33.4% IN FEASIBILITY STUDY FOR THE PHASE II EXPANSION AT BLOOM LAKE

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AFTER-TAX NPV OF $956 MILLION WITH A 2.4-YEAR PAYBACK ON INITIAL CAPITAL RESULTS SUPPORT THE APPROVAL OF A $68 MILLION BUDGET TO SECURE TIMETABLE Montreal, June 20, 2019 – Champion Iron Limited (TSX: CIA) (ASX: CIA) (“Champion” or the “Company”) is pleased to announce positive results of the Phase II Feasibility Study (“Feasibility Study” or “Study”) prepared [...] The post CHAMPION IRON ANNOUNCES AN AFTER-TAX IRR OF 33.4% IN FEASIBILITY STUDY FOR THE PHASE II EXPANSION AT BLOOM LAKE appeared first on Champion Iron.

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