MONTRÉAL, Jan. 8, 2026 /CNW/ - SYDNEY, January 9, 2026 – Champion Iron Limited (TSX: CIA) (ASX: CIA) (OTCQX: CIAFF) ("Champion" or the "Company") announces that railway services have resumed following a recent third-party train derailment on the Quebec North Shore and Labrador Railway ("QNSL"), which is utilized to transport high-purity iron ore concentrate from the Company's Bloom Lake mine ("Bloom Lake") to the port of Sept-Îles (the "Railway"). The derailment on the Railway occurred on December 28, 2025 (Montréal time) (the "Derailment") and services gradually resumed on January 4, 2026. While operations at Bloom Lake were not materially affected by the Railway interruptions, the Company had to stockpile high-purity iron ore concentrate at its mine site. Champion is collaborating with QNSL to optimize the gradual resumption of services on the Railway and minimize the impact to its operations and sales.
Read more at newswire.caCHAMPION IRON ANNOUNCES THAT RAILWAY SERVICES RESUMED FOLLOWING A THIRD-PARTY TRAIN DERAILMENT
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