Champion Iron Reports Higher Fiscal Q4 Iron Ore Concentrate Production
MT Newswires Live
Apr 30
Champion Iron (ASX:CIA) reported fiscal fourth-quarter production of 3.4 million wet metric tonnes of iron ore concentrate, up 8% from about 3.2 million wet metric tonnes a year earlier, according to a Thursday filing with the Australian bourse.
The company reported quarterly sales of about 3.5 million dry metric tonnes, almost unchanged from the year-ago period.
Champion Iron said commissioning for its Direct Reduction Pellet Feed project in Canada progressed as planned, with initial production tests completed in March and the production of commercially sellable product expected by the end of June.
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