Champion Iron Limited

09:53 AM EST - Champion Iron Limited : Has entered into a definitive purchase agreement for the acquisition, via a wholly-owned subsidiary of Champion, of the Pointe Noire Iron Ore Pelletizing Facility located in Sept-Iles, Québec. Additionally, Champion announces that it has entered into a Memorandum of Understanding with a major international steelmaker to complete a feasibility study to evaluate the re-commissioning of the Pellet Plant and produce Direct Reduction Grade Pellets. Champion Iron Limited

shares T.CIA are trading up $0.34 at $6.48.

Stocks in Play