Consolidated Thompson Iron Mines to Sell Seven Million Tonnes of Iron Concentrate to Chinese Company

Toronto-based Consolidated Thompson Iron Mines Ltd. extended an exclusive distributor agreement with China-based Worldlink Resources Ltd., increasing the sale volume from five to seven million tonnes of iron ore concentrate each year. Worldlink, an import and export business for iron ore, metal products, steel products and foodstuff, will buy seven million tonnes of iron ore concentrate annually from Consolidated Thompson’s Bloom Lake facility in Quebec. The duration of the agreement is seven years. Consolidated Thompson Iron Mines is an exploration and development company.