Champion Iron’s Q3 FY2026 results reflect steady operational performance with significant production and reduced cash costs, positioning the company well for future growth and sustainability initiatives.
- Produced 3.7 million tonnes and sold 3.9 million tonnes during the quarter, maintaining strong operational throughput.
- EBITDA stood at $150 million with a net income of $65 million, despite a flat quarter-on-quarter performance due to provisional price adjustments.
- Cash costs decreased to just below $74 per tonne, demonstrating effective cost management and operational efficiency.
- Continued investment in growth initiatives, with the DRPF project nearing completion and first tonnes expected in H1 2026.
- Strong balance sheet with $1.1 billion in cash and liquid assets, supporting ongoing and future development projects.
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