Quebec Iron Ore Inc. (QIO), subsidiary of a Montreal-based iron development and exploration company Champion Iron Ltd., signed a three-year strategic partnership agreement with Metso for the maintenance of Metso equipment with a life cycle services (LCS) contract. This agreement is designed to provide QIO with maximum availability of equipment to meet production targets for the Bloom Lake iron ore mine located near Fermont, Quebec. LCS takes the entire range of services Metso provides and bundles them into tailored packages, ranging from the basics to more complete solutions, depending on the customer’s needs. Packages are equipped to cover a single-event shutdown or span multiple years, measured against strict key performance indicators.
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