29
Jan
16:18
Champion Iron holds profits level in third quarter
Montreal-based Champion Iron Limited held its earnings essentially level on-year during the company’s fiscal third quarter, Kallanish reports.
Champion earned CAD 30.2 million ($22.87m) on sales of CAD 171.1m in the quarter ended 31 December, compared with earnings of CAD 31.2m on income of CAD 147.5m in fiscal Q3 last year.
In the coming year, Champion plans to begin its so-called phase II expansion of its flagship Bloom Lake mine in Quebec. The comp…
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Anonymous
Very good overview of the weekly steel market.
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