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Champion Iron Issues US$500M Notes and Joins Forces on Kami Project
8:44am on Wednesday 30th of July, 2025 AEST
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Mining
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Champion Iron Issues US$500M Notes and Joins Forces on Kami Project
8:44am on Wednesday 30th of July, 2025 AEST
Key Points
Q1 FY2026 revenues of CAD 390 million with net income of CAD 23.8 million
Issued US$500 million senior unsecured notes to repay existing term loans and revolving credit
Entered definitive framework agreement with Nippon Steel and Sojitz for Kami Project partnership
Continued investment in Bloom Lake Mine and DRPF Project with capitalized borrowing costs
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