)
Champion Iron (CIA) investor relations material
Champion Iron Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record quarterly sales of 3.9M dmt and production of 3.6M wmt concentrate, with ore recovery at 79.6% and no significant incidents reported.
Revenue reached $493M, EBITDA was $175M, and net income totaled $56.8M (EPS $0.11), with a semi-annual dividend of $0.10 per share declared.
Cash and cash equivalents increased to $325.5M, supported by robust operations and a US$500M Senior Unsecured Notes issuance.
Advanced the DRPF project on schedule, targeting commissioning in December 2025 and first commercial sales in H1 2026.
Formalized a strategic partnership for the Kami Project, with $68.6M contributed for a 49% stake.
Financial highlights
Quarterly revenues of $492.9M, EBITDA of $174.8M, and net income of $56.8M, with EPS at $0.11.
C1 cash cost improved to $76.2/dmt, and AISC was $96.9/dmt, with a cash operating margin of $31.1/dmt.
Cash balance rose to $325.5M, and available liquidity exceeded $1 billion.
Working capital at $254.4M; short- and long-term debt at $987.0M; debt net of cash at $338.4M.
Declared a semi-annual dividend of $0.10 per share.
Outlook and guidance
DRPF project commissioning expected to begin December 2025, with first shipments of DR quality iron ore by end of H1 2026.
Next year will be a transition year as clients test the new 69% grade material; significant premiums expected after ramp-up.
Kami Project DFS expected to complete by end of 2026.
Expects continued reduction in iron ore concentrate stockpiles, aiming to normalize by end of 2026.
Liquidity position expected to benefit from sales of 1.7M wmt iron ore concentrate stockpiled at Bloom Lake.
Next Champion Iron earnings date
Next Champion Iron earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)