【Ferro-alloys.com】:Quebec iron-ore miner Champion Iron has reported a robust revenue and net income performance for the year ended March 31, 2024. Despite facing challenges owing to lower selling prices and logistical issues, the company achieved significant financial growth.

The ASX- and TSX-listed company announced a 9% increase in revenue, reaching C$1.5-billion in the 12 months through to March. Net income grew by 17% to C$200-million.

The growth was driven by higher sales volumes of iron-ore concentrate, a favourable exchange rate owing to a weaker Canadian dollar and reduced freight costs.

• [Editor:Alakay]