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Quebec Iron Ore inks deal with Metso

Quebec Iron Ore, Inc. (QIO) has signed a strategic partnership agreement with Metso for the maintenance of Metso equipment with a Life Cycle Services (LCS) contract.
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The agreement is intended to provide QIO, a subsidiary of a Montreal-based iron development and exploration company Champion Iron Limited, with maximum availability of equipment to meet production targets for the Bloom Lake Iron Mine, located near Fermont, Quebec.

The new contract was signed for a period of three years, and the first-year value of the order will be booked in Metso’s Q1 2018 orders received.

“It’s been a privilege to take on the challenge of identifying and customising our offer in order to meet the goals and objectives of QIO,” said Jean Hebert, VP, Services Sales, Canada, Metso. “We are proud of this partnership and committed to working with the QIO team to deliver a successful project.”

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 (KPIs).

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