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Champion Iron Secures $245M Partnership to Boost Kami Project Development
7:03pm on Monday 2nd of June, 2025 AEST
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Mining
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Champion Iron Secures $245M Partnership to Boost Kami Project Development
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Nine-month net income of CAD 102.9 million, down from CAD 208.4 million prior year
Revenues of CAD 1.18 billion driven by high-grade iron ore sales
Signed binding agreement with Nippon Steel and Sojitz to jointly develop Kami Project
Significant capital expenditures and long-term debt increase to finance expansion
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Champion Iron (ASX:CIA)
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