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Champion Iron Advances DRPF Project Amid Mixed Q3 Financials
7:03pm on Monday 2nd of June, 2025 AEST
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Mining
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Champion Iron Advances DRPF Project Amid Mixed Q3 Financials
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Quarterly production of 3.6 million wmt and sales of 3.3 million dmt
DRPF project on schedule for December 2025 commissioning with $288M invested to date
Partnership formed with Nippon Steel and Sojitz to advance Kami Project feasibility study
Q3 EBITDA rose 18% quarter-on-quarter but fell 64% year-on-year to $88M
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