---
title: "CIA: Production up 15% but sales and margins pressured; DRPF project completed on budget"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294293992.md"
description: "Quarterly production rose 15% year-over-year, but sales fell 3% due to DRPF ramp-up and logistics. Revenues reached $356.9M, with EBITDA of $32.8M and an adjusted net loss of $35.2M, impacted by higher costs and lower realized prices. DRPF project was completed on budget and is expected to reach commercial production by year-end.Original document: Champion Iron Ltd. [CIA] Slides Release — Jul. 30 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-07-30T03:00:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294293992.md)
  - [en](https://longbridge.com/en/news/294293992.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294293992.md)
---

# CIA: Production up 15% but sales and margins pressured; DRPF project completed on budget

Quarterly production rose 15% year-over-year, but sales fell 3% due to DRPF ramp-up and logistics. Revenues reached $356.9M, with EBITDA of $32.8M and an adjusted net loss of $35.2M, impacted by higher costs and lower realized prices. DRPF project was completed on budget and is expected to reach commercial production by year-end.

Original document: Champion Iron Ltd. \[CIA\] Slides Release — Jul. 30 2026

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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