Champion Iron Ltd. (AU:CIA) has released an update.
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Champion Iron Ltd. reports an 18% increase in iron ore production, achieving a record 3.4 million tonnes in sales despite haulage challenges. The company advances its Direct Reduced Pellet Feed project to meet demand for green steelmaking, with the federal government recognizing high-purity iron ore as a critical mineral for this industry shift. Strategic evaluations and investments aim to enhance operations and meet the surging need for Direct Reduced Iron in Electric Arc Furnace steelmaking.
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