Conifex reported first-quarter sales of $21.8 million, EBITDA of negative $7.7 million, and a net loss of $9.4 million, as lumber production totaled 21.7 MMfbm and shipments 21.5 MMfbm, while the power plant sold 36.7 GWh of electricity, or about 66% of targeted operating rates. Lumber production totaled 21.7 MMfbm, down from 27.8 MMfbm in the fourth quarter of 2025 and 46.3 MMfbm in the first quarter of 2025. The company said this represented operating rates of about 36% of annualized capacity, and production was affected by fewer operating ...
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