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Champion Iron Advances DRPF Project Amid Record Sales and Strategic Acquisition Bid

9:32am on Thursday 29th of January, 2026 AEDT Mining
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Champion Iron Advances DRPF Project Amid Record Sales and Strategic Acquisition Bid

9:32am on Thursday 29th of January, 2026 AEDT
Key Points
  • Quarterly production steady at 3.7 million wmt high-grade iron ore concentrate
  • Record quarterly sales of 3.9 million dmt, generating $472 million revenue
  • DRPF project commissioning underway, targeting first shipments by mid-2026
  • Cash tender offer announced to acquire Rana Gruber with financial backing
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