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30 Nov

Champion extends $400m credit facility, adds $230m loan

Champion Iron's wholly owned subsidiary, Quebec Iron Ore, has extended its revolving $400 million credit facility by over a year and a half, from May 2026 until November of the following year, Kallanish learns. In addition, the company has added a new $230m revolving credit facility, with no principal repayment until mid-2026, maturing in November 2028. 'We thank our team of financial partners who share our vision to provide a solution for the green steel …
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