Q1 Iron Ore Production and Shipments of Mineral Resources and Champion Iron, as well as YoY and QoQ Changes

In the first quarter of 2023, Champion Iron, a Canadian mining company, produce 3.08 million wmt of high-grade iron ore concentrate, a year-on-year increase of 65%. The company sold 3.09 million dmt of iron ore concentrate in the first quarter of 2023, a year-on-year increase of 64%.

Mineral Resources Ltd's iron ore output in the first quarter of 2023 was 5.01 million mt, a decrease of 10% from the previous quarter, but a year-on-year increase of 2.2%. The company’s iron ore shipments were 4.5 million mt in the first quarter of 2023, up 10% from Q4 2022, but down 4.3% year-on-year.