Champion Iron (ASX:CIA) FY25 Revenue Rises 5%; DRPF Plant Commissioning Planned for December 2025

Highlights

• CIA’s FY25 revenue increased by 5% YoY, primarily driven by higher sales volumes, improved rail logistics, and higher demand for high-purity iron ore.
• The company recorded a 15% YoY decline in EBITDA for the period.
• CIA plans to commission DRPF plant in December 2025 to improve product purity and access premium green steel pricing.

Champion Iron Limited (ASX:CIA) is an ASX-listed mining and exploration company that produces high-grade iron ore and operates the Bloom Lake Mine in Québec, with development projects including DRPF and Kami.

In the financial year 2025 (FY25), the company’s revenue increased by 5% YoY, to CAD 1,606.6 million, primarily driven by higher sales volumes, improved rail logistics, and higher demand for high-purity iron ore. However, FY25 EBITDA declined 15% YoY to CAD 471.3 million. The company’s total assets surged 13% YoY to CAD 3,030.2 million in FY25, up from CAD 2,689.6 million in FY24.

During the reported period, net income decreased by 39% YoY, while net assets increased by 13% YoY.

Recent Business Update

In the March quarter, the company achieved quarterly sales of 3.5 million dry metric tonnes (dmt) and generated revenue of CAD 425 million. EBITDA for the period surged by 50% YoY to reach CAD 127 million. Despite scheduled shutdowns, production still reached 3.2 million wet metric tonnes (wmt). The company informed that the DRPF project is progressing on schedule, and iron ore inventories fell as sales exceeded production levels.

Additionally, during the quarter, CIA boosted its total liquidity to over CAD 600 million. Materials mined and hauled also hit a new record at 20.4 million tonnes, reflecting a 27% increase YoY.

Company Outlook

CIA plans to commission the DRPF plant in December 2025, aiming to enhance product purity and unlock premium pricing in green steel markets. The company’s alliance with Nippon and Sojitz supports the Kami Project’s development through third-party funding.

Top 10 Shareholders of CIA

The top 10 shareholders of CIA have around 44.76% of the total shareholding. Investissement Québec has the maximum stake in the firm with a shareholding of nearly 8.39%, followed by Wynnchurch Capital, L.P. with approximately 8.09% shareholding.

Stock Information

CIA shares closed 3.49% higher at AUD 4.45 on 5 June 2025. Despite this intraday gain, the stock has fallen 1.55% over the past month. Over the past three and six months, it has declined by 15.40% and 25.46%, respectively. The year-to-date (YTD) performance shows a drop of 22.61%, while in the past year, CIA shares have declined by 30.79%.

The company’s 52-week high of AUD 7.57 was recorded on 30 September 2024, while its 52-week low of AUD 3.94 occurred on 9 April 2025.

Support and Resistance Summary 

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency, is 05 June 2025. The reference data in this report has been partly sourced from REFINITIV.

Technical Indicators Defined:

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.

Disclaimer

This article has been prepared by Kalkine Media, echoed on the website kalkinemedia.com/au and associated pages, based on the information obtained and collated from the subscription reports prepared by Kalkine Pty. Ltd. [ABN 34 154 808 312; AFSL no. 425376] on Kalkine.com.au (and associated pages). The principal purpose of the content is to provide factual information only for educational purposes. None of the content in this article, including any news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations, and video is or is intended to be, advisory in nature. The content does not contain or imply any recommendation or opinion intended to influence your financial decisions, including but not limited to, in respect of any particular security, transaction, or investment strategy, and must not be relied upon by you as such. The content is provided without any express or implied warranties of any kind. Kalkine Media, and its related bodies corporate, agents, and employees (Kalkine Group) cannot and do not warrant the accuracy, completeness, timeliness, merchantability, or fitness for a particular purpose of the content or the website, and to the extent permitted by law, Kalkine Group hereby disclaims any and all such express or implied warranties. Kalkine Group shall NOT be held liable for any investment or trading losses you may incur by using the information shared on our website.