:Australia's Champion Iron said on Thursday Japanese firms Nippon Steel and Sojitz will take up a 49 per cent stake for A$245 million ($152.39 million) in the company's Kami project in Canada. The Kami project will also receive up to A$490 million in contributions from Nippon and Sojitz, which will hold a 30

Channel News Asia

Singapore

Nippon Steel, Sojitz to take 49% stake in Champion Iron's Canada project

Media Bias/Fact Check

Government of Singapore

TOKYO -- Nippon Steel and trading house Sojitz will purchase a combined 49% stake in a Canadian iron ore mine, the two Japanese companies said Thursda

Nikkei

Nikkei, Inc.

Japan

Japan's Nippon Steel, Sojitz to own 49% of Canadian iron ore mine

Champion Iron has reached an agreement with two Japanese companies for their 49% stake in the Kamistiatusset project. Kami is a direct reduction (RD) grade iron ore project located in the Labrador Trough, near the eastern border of Quebec. The location is close to the infrastructure of the Bloom Lake mine. The objective would be to produce about 9 million tons per year there. Nippon Steel Corporation, Japan's largest steelmaker, and Sojitz Corpo…

Champion Iron a conclu une entente avec deux sociétés japonaises pour leur participation à hauteur de 49 % dans le projet Kamistiatusset.  Kami est un projet de minerai de fer de qualité réduction directe (RD) situé dans la Fosse du Labrador, près de la frontière est du Québec. L’emplacement est à proximité des infrastructures de la mine du Lac Bloom. L’objectif serait d’y produire environ 9 millions de tonnes par année.  Nippon Steel Corporatio…

Champion cède 49 % du projet Kami à des sociétés japonaises - Le Nord-Côtier

Le Nord-Côtier

Champion sells 49% of the Kami project to Japanese companies - Le Nord-Côtier

Champion cède 49 % du projet Kami à des sociétés japonaises

lemanic.ca

Champion sells 49% of the Kami project to Japanese companies

Champion cède 49 % du projet Kami à des sociétés japonaises - Le Haute Côte-Nord

journalhcn.com

Sept-Iles

Côte-Nord

Quebec

Canada

Champion sells 49% of the Kami project to Japanese companies - Le Haute Côte-Nord

Champion Iron Limited (TSX: CIA) has achieved a significant milestone in advancing its high-purity iron ore project, Kami, located in Newfoundland and Labrador, Canada. The Australian mining company announced a pivotal partnership with Japan’s Nippon Steel Corporation and Sojitz Corporation.  Under the agreement, the Japanese firms will acquire a 49% stake in the Kami project for A$245 million and contribute up to A$490 million for development a…

the deep dive

Japan’s Nippon Steel, Sojitz Take 49% Equity In Champion Iron to Advance Kami Project

Champion Iron has announced a partnership with Nippon Steel and Sojitz to advance the feasibility assessment and potential development of the Kami project in Canada.The post Champion Iron, Nippon Steel and Sojitz partner to develop Kami project appeared first on Mining Technology.

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Champion Iron, Nippon Steel and Sojitz partner to develop Kami project

Nippon Steel

Nippon Steel, Sojitz to take 49% stake in Champion Iron's Canada project

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