Champion Iron Ltd (CIAFF) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. Ladies and gentlemen, welcome to the Champion Q4 results of the Financial Year 2026 conference call. At this time, all lines are in listen-only mode. Following the presentation, we will conduct a question-and-answer session. If at any time during this call you require immediate assistance, please press star 0 for the operator. This call is being recorded on Thursday, May 28, 2026. We would now like to turn the conference over to Michael Markoff, Senior Vice President, Corporate Development and Capital Markets. Please, go ahead. Thank you, Operator, and thank you, everyone, for joining us to discuss our fourth quarter results of the 2026 financial year. Before we get going, I'd like to highlight that throughout this call, we'll be making forward-looking statements. If you would like to read more about forward-looking statement risk and assumptions, you can go and visit our MD&A, which is available on our website. We will also be using a presentation throughout this call that's also available on our website under the Presentation tab. Joining me here on this call include our CEO, David Catterford, our Chairman, Michael O'Keefe, and our COO, Alexandre Bello. And with that, I'll turn it over to David for the formal portion of the presentation. Thanks, Michael. Thanks, everyone, for being on the call. So if we go through the highlights for the fourth quarter of fiscal 2026, we managed to produce just over 3.4 million tons during the quarter and sold just over 3.45 million tons. Our iron recovery trended up to 80.6%, revenues of $414 million, and an EBITDA of just over $114 million for the quarter. If we look at community governance and sustainability, we were very happy to receive the Minister of Natural Resources and Forests at our site, being able to conti...