-- Champion Iron (CIA.TO) reported an increase in iron ore concentrate production for the fiscal fourth quarter of 2026, according to a report released late on Tuesday.
The company produced 3.4 million wet metric tonnes of iron ore concentrate, up from 3.2 million wmt.
The increase in production was attributed to higher mill productivity and Fe recovery, partially offset by lower head grade.
Sales for the quarter amounted to 3.5 million dry metric tonnes, nearly flat year over year.
Iron ore concentrate sales volumes exceeded production for the fifth consecutive quarter, as the company continued to destock iron ore concentrate inventories.
Cost of sales were C$286 million with a C1 cash cost of $82.7/dmt, compared to $279.6 million with a C1 cash cost of $80.0/dmt in the year-ago period.