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Champion Iron Ord Shs T.CIA

Alternate Symbol(s):  CIAFF

Champion Iron Limited is an Australia-based iron ore exploration and development company. The Company, through its wholly owned subsidiary, Quebec Iron Ore Inc., owns and operates the Bloom Lake Mining Complex, located on the south end of the Labrador Trough, approximately 13 kilometers (km) north of Fermont, Quebec. Bloom Lake is an open-pit operation with two concentrators that primarily source energy from renewable hydroelectric power. The Company ships iron ore concentrate from Bloom Lake by rail, to a ship loading port in Sept-lles, Quebec, and has sold its iron ore concentrate to customers globally, including in China, Japan, the Middle East, Europe, South Korea, India and Canada. In addition to Bloom Lake, Champion owns a portfolio of exploration and development projects in the Labrador Trough, including the Kamistiatusset Project, located a few km south-east of Bloom Lake, and the Cluster II portfolio of properties, located within 60 km south of Bloom Lake.


TSX:CIA - Post by User

Post by Betteryear2on Jul 28, 2021 7:29pm
208 Views
Post# 33618629

Record Net Income, EPS and EBITDA for its FY2022 First Qtr.

Record Net Income, EPS and EBITDA for its FY2022 First Qtr.

Net income of $224.3M, EPS of $0.44 and EBITDA of $405.7M; Phase II expansion remains on track for completion by mid-2022 and redeems $60.0M of its outstanding preferred shares

MONTRAL, July 28, 2021 /CNW/ - Champion Iron Limited (TSX: CIA) (ASX: CIA) (OTCQX: CIAFF) ("Champion" or the "Company") is pleased to announce operational and financial results for the first quarter ended June 30, 2021.

Conference Call Details
Champion will host a conference call and webcast on July 29, 2021 at 8:30 AM EDT (Montral Time) / 10:30 PM AEST (Sydney time) to discuss the results for first quarter ended June 30, 2021. Call details are outlined at the end of this press release.

https://www.newswire.ca/news-releases/champion-iron-reports-record-net-income-eps-and-ebitda-for-its-fy2022-first-quarter-879579259.html
 

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