Business · Companies · 1 hr ago
Champion Iron reports preliminary Q2 FY2027 revenue of $403.9 million
Champion Iron reported preliminary Q2 FY2027 revenue of $403.9 million from its iron ore business.
It sold 4.5 million dry metric tonnes of iron ore concentrate at an average realised price of $89.90 per dry tonne.
The company produced 3.9 million wet metric tonnes, and the figures are unaudited and may change after its financial review.
Champion operates the Bloom Lake and Rana Gruber sites and is working to increase production of high-purity iron ore.
A Bloom Lake upgrade aims to produce more direct reduction pellet feed, a high-grade material used in ironmaking.
Champion plans to release its full quarterly report before a conference call on 30 October 2026, when it will discuss the final results.
Champion Iron reported preliminary, unaudited revenue of $403.9 million for the second quarter of FY2027.
The company reported iron ore concentrate sales of 4.5 million dry metric tonnes and production of 3.9 million wet metric tonnes.
The net average realised selling price was $89.9 per dry metric tonne.
The figures are based on management estimates and may change after financial close and review procedures.
Champion Iron plans to release its full quarterly report before a conference call scheduled for 30 October 2026.
- Who
- Champion Iron Ltd.
- What
- It reported preliminary, unaudited Q2 FY2027 revenue of $403.9 million.
- When
- The preliminary results were reported on 15 October 2026.
- Where
- Not stated
- Why
- Not stated
This story does not have two clearly opposing sides.
Champion Iron reported preliminary Q2 FY2027 results, including revenue of $403.9 million.
The company plans to release its full quarterly financial report.
Champion Iron has scheduled a conference call and webcast to discuss the finalised results and answer investor questions.
- Preliminary revenue
- $403.9 million
- Concentrate produced
- 3.9 million wet metric tonnes
- Concentrate sold
- 4.5 million dry metric tonnes
- Average realised selling price
- $89.9 per dry metric tonne
- Results call
- 30 October 2026