MONTRÉAL, Dec. 18, 2024 /CNW/ - - Champion Iron Ltd. announces that Nippon Steel Corporation and Sojitz Corporation , entered into a binding agreement with Champion to form a partnership for the joint ownership and development of the Kamistiatusset Project . The Partners will initially contribute $245 million for 49% of the interest in the [...]
Champion Iron announces resuming iron ore concentrate shipping activities following completed repairs at its train load-out facility at the Bloom Lake mine, utilized to ship iron ore concentrate by railway to the port of Sept-Île. On December 10, 2024, the Company announced an unforeseen interruption of shipping activities following a breakage of [...]
Champion Iron is providing a report to a recent unforeseen interruption of its train load-out facility at the Bloom Lake mine, utilized to ship iron ore concentrate by railway to the port of Sept-Îles. On Dec 3, 2024, a breakage occurred to a machinery required to load iron ore concentrate to rail cars. The issues have been identified and actions [...]
Quarterly production of 3.2M wmt, sales of 3.3M dmt, revenue of $351M, EBITDA of $75M1 and EPS of $0.04 Declares a dividend of $0.10 per ordinary share DRPF project advancing as planned for scheduled commissioning in H2/2025, including an additional $65M deployed in the quarter and cumulative investments to date of $218M Disclosed work programs [...]
Champion Iron announces that it will be hosting a conference call and webcast on October 31, 2024, at 9:00 AM / November 1, 2024, at 12:00 AM with its senior management, during which they will review the Company's operational and financial results for the second quarter ended Sept 30, 2024, of the financial year ending March 31, 2025. Champion's [...]
Champion Iron announces that at the Annual General Meeting of the Company's shareholders, held in person on Wednesday, August 28, 2024, at 5:00 PM / Thursday, August 29, 2024, at 7:00 AM, all resolutions received the requisite majorities, by a vote by poll as set out below. The number of votes cast against Resolution 1 however, constitutes a [...]
Champion Iron announces that, further to the various filings previously made in this regard, its Annual General Meeting of Shareholders will be held on Wednesday, August 28, 2024, at 5:00 PM / Thursday, August 29, 2024, at 7:00 AM. Information relating to the Meeting can be found under the Company's filings on SEDAR+, the ASX, and the Company's [...]
Quarterly production of 3.9M wmt, record sales of 3.4M dmt, revenue of $467M, EBITDA of $181M1 and EPS of $0.16 DRPF project advancing as planned for an expected commissioning in calendar H2 2025, including an additional $58M deployed in the quarter and cumulative investments to date of $154M High-purity iron ore added to the Canadian government's [...]
Champion Iron announces a gradual return of its workforce to its Bloom Lake mine following a preventive evacuation and temporary shut down of operations on July 12, 2024, in response to nearby forest fires. With the forest fires subsiding and following the evacuation pre-alert being lifted for the town of Fermont, located near the Company's Bloom [...]
Champion Iron is temporarily shutting down operational activities at its Bloom Lake mine in response to forest fires north of its operations. In the evening of July 12, 2024, the community of Labrador City, located approximately 20 kilometres from Bloom Lake, was ordered to evacuate. With the forest fires now only a few kilometres from Bloom Lake [...]
Champion Iron announces that it will be hosting a conference call and webcast on July 31, 2024, at 9:00 AM / 11:00 PM with its senior management, during which they will review the Company's operational and financial results for the first quarter ended June 30, 2024, of the financial year ending March 31, 2025. Champion's financial statements and [...]
Champion Iron welcomes the addition of high-purity iron ore to Canada's Critical Minerals List. The List considers minerals based on specific criteria, including their requirements for a national transition to a sustainable low-carbon economy and their strategic sourcing for international allies. The update presented today by the Honourable [...]