Champion Iron Signs Letter of Intent With Caterpillar for Advanced Drilling Technologies at Bloom Lake Mine

Champion Iron Limited has signed a Letter of Intent with Caterpillar Inc. to implement artificial intelligence based Advanced Drilling Technologies (the "Technologies") on Cat equipment at its Bloom Lake Mine. The project will progressively implement a remote-controlled, semi-autonomous and fully autonomous Cat electric drilling fleet, utilizing the Technologies engineered, designed and/or integrated by Caterpillar....

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