Champion took the opportunity to complete a number of projects begun by the previous owner, including a 3.5-km conveyor to transport ore to the plant. Courtesy of Champion Iron

Australian iron miner Champion Iron knew it had a winner when it secured the purchase of the Bloom Lake mine in Quebec, even if its competitors could not see it. Since beginning operations in February 2018, Bloom Lake has mined over 14 million wet metric tonnes (wmt) of high-grade iron ore, slashed production costs and carbon dioxide emissions significantly and has made over $472 million in revenues, according to the company’s recent third-quarter financial results. Bloom Lake was not always quite so successful, however.