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Champion deal for Norwegian iron ore producer

Acquisition appears to have plenty of strategic appeal

Michael Quinn
Champion Iron's Bloom Lake iron ore operation in Quebec, Canada

Champion Iron's Bloom Lake iron ore operation in Quebec, Canada | Credits: Champion

Canada-based Champion Iron is set to make a move into the European steel industry via an agreed US$289 million cash takeover of Norwegian iron ore producer Rana Gruber. Rana Gruber current produces...

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