Our Iron

We’re proud
of our iron

A 100% Quebec natural resource of world-renowned purity, with over 66% premium iron, low in aluminum, phosphorus and silica.

Bloom Lake’s iron ore in numbers*:

  1. 1

    The project’s mineral measured and indicated resources are estimated at 893.5 million tonnes, with an average content of 29.3% Fe.

  2. 2

    The average annual production of concentrate is 15 million tonnes, over a 20-year anticipated mine life span.

  3. 3

    The 66.2% Fe concentrate is obtained with an average iron recovery estimated at 82.4%, with an average plant feed at an average of 29.0% iron content.

  4. 4

    The average production total cash cost is C$46.6 per dry metric ton.

  5. 5

    The net present value (NPV) pre-tax amounts to C$3,762 million and to C$2,384 million after-tax.

  6. 6

    The pre-tax internal rate of return (IRR) is estimated at 42.4% and the after-tax IRR at 33.4%.

*According to a feasibility study published in June 2019.

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