BRIEF-Champion Iron Announces Partnership With Nippon Steel & Sojitz On Kami Project

Reuters
19 Dec 2024
BRIEF-Champion Iron Announces Partnership With Nippon Steel & Sojitz On Kami Project

Dec 19 (Reuters) - Champion Iron Ltd CIA.AX:

  • PARTNERSHIP WITH NIPPON STEEL & SOJITZ ON KAMI PROJECT

  • PARTNERS WILL INITIALLY CONTRIBUTE A$245 MILLION FOR 49% OF INTEREST IN PARTNERSHIP

  • PARTNERSHIP TO ADVANCE FEASIBILITY ASSESSMENT AND POTENTIAL DEVELOPMENT OF KAMI PROJECT

  • PROJECT WILL BENEFIT FROM UP TO A$490 MILLION IN CONTRIBUTIONS

Further company coverage: CIA.AX

((Reuters.Briefs@thomsonreuters.com;))

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