BUZZ-Australia's Champion Iron hits over 4-year low on slumping iron ore prices

Reuters

04/09

** Shares of Champion Iron CIA.AX fall 13.1% to A$3.99, their lowest since November 2020

** Stock is among the top losers on the benchmark ASX 200 .AXJO, which is down 9.6%

** Iron ore prices hit 6-1/2 month low as as demand prospects were clouded by the escalation of a global trade war triggered by U.S. President Donald Trump's broad tariffs IRONORE/

** Shares set for weakest session since mid-June 2022

** Stock down 30.1% YTD

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((JasmeenAraIslam.Shaikh@thomsonreuters.com;))

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