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Champion Iron reaches first DRPF sale despite steep quarterly loss
8:20am on Thursday 29th of October, 2026 AEDT
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Mining
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Champion Iron reaches first DRPF sale despite steep quarterly loss
8:20am on Thursday 29th of October, 2026 AEDT
Key Points
C$48.4 million quarterly net loss versus C$56.8 million profit a year earlier
Adjusted EBITDA fell 87% to C$23.3 million
Record 4.5 million dmt of concentrate sold, supported by inventory drawdown
First commercial DRPF shipment completed during the quarter
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Champion Iron (ASX:CIA)
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