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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 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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