Champion Iron Ltd
ASX:CIA
Champion Iron Ltd
Tax Provision
Champion Iron Ltd
Tax Provision Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Tax Provision | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
C
|
Champion Iron Ltd
ASX:CIA
|
Tax Provision
-CA$158.6m
|
CAGR 3-Years
19%
|
CAGR 5-Years
-19%
|
CAGR 10-Years
N/A
|
|
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Fortescue Metals Group Ltd
ASX:FMG
|
Tax Provision
-$1.9B
|
CAGR 3-Years
21%
|
CAGR 5-Years
2%
|
CAGR 10-Years
N/A
|
|
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BlueScope Steel Ltd
ASX:BSL
|
Tax Provision
-AU$236.5m
|
CAGR 3-Years
32%
|
CAGR 5-Years
-5%
|
CAGR 10-Years
-10%
|
|
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Deterra Royalties Ltd
ASX:DRR
|
Tax Provision
-AU$66.7m
|
CAGR 3-Years
-12%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
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Vulcan Steel Ltd
ASX:VSL
|
Tax Provision
-NZ$18.9m
|
CAGR 3-Years
9%
|
CAGR 5-Years
-5%
|
CAGR 10-Years
N/A
|
|
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Bowen Coking Coal Ltd
ASX:BCB
|
Tax Provision
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
Champion Iron Ltd
Glance View
Champion Iron Ltd. has etched its place in the global mining industry with a robust focus on iron ore production, capitalizing on the rich deposits of the Labrador Trough in Canada. This region, famous for its high-grade ore, is the backdrop against which Champion Iron operates its cornerstone asset—the Bloom Lake Mine. Acquired in 2016 during a downturn in iron ore prices, the company strategically revitalized and expanded the mine, leveraging the quality of its resources and operational efficiency. Through meticulous planning and investment, Champion Iron transformed Bloom Lake from a promising potential into a powerhouse of production, exporting its premium iron ore concentrate primarily to Asian markets where steel manufacturing drives relentless demand. At the heart of Champion Iron's success is its prowess in cost management and technology utilization. By implementing innovative mining techniques and sustainable practices, the company enhances both productivity and environmental stewardship. Champion Iron doesn't merely dig and deliver; it employs advanced beneficiation processes to increase the concentration of iron content, thus commanding premium pricing in the market. This focus on high-grade iron ore not only enhances margins but also fortifies its competitive edge against lower-quality producers. In summary, Champion Iron Ltd. operates by extracting and processing iron ore to create superior grade concentrates, which are sold to the global steel industry, hence creating a robust revenue stream while setting industry benchmarks for operational excellence.
See Also
What is Champion Iron Ltd's Tax Provision?
Tax Provision
-158.6m
CAD
Based on the financial report for Mar 31, 2024, Champion Iron Ltd's Tax Provision amounts to -158.6m CAD.
What is Champion Iron Ltd's Tax Provision growth rate?
Tax Provision CAGR 5Y
-19%
Over the last year, the Tax Provision growth was -9%. The average annual Tax Provision growth rates for Champion Iron Ltd have been 19% over the past three years , -19% over the past five years .