Champion Iron Ltd. (TSE:CIA) has released an update.
Champion Iron Ltd. announced a productive fourth quarter in FY2024 with 3.3 million wmt produced and 3.0 million dmt sold, despite a brief production volatility to identify and expand operational capacity at Bloom Lake. The company also secured a new 5-year collective bargaining agreement, ensuring stability for employees and operations. Efforts are ongoing to enhance haulage services to keep up with production and manage stockpiled iron ore concentrate.
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