Champion Iron Limited (TSX: CIA) (ASX: CIA) (OTCQX: CIAFF) (“Champion” or the “Company”) announces that Nippon Steel Corporation (“Nippon”) and Sojitz Corporation (“Sojitz”, and collectively with Nippon the “Partners”), entered into a binding agreement with Champion to form a partnership (the “Partnership”) for the joint ownership and development of the Kamistiatusset Project (“Kami” or the “Project”).
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