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Labrador Iron Ore Royalty Corp T.LIF

Alternate Symbol(s):  LIFZF

Labrador Iron Ore Royalty Corporation is a Canada-based investment company. The Company holds interests in the Iron Ore Company of Canada (IOC), which is a North American producer and exporter of iron ore pellets and high-grade concentrate. The Company, through its wholly owned subsidiary, Hollinger Hanna Limited (Hollinger-Hanna), holds an approximately 15.10% equity interest in IOC. It holds an approximately 15.10% equity interest in IOC and receives approximately 7% gross overriding royalty and a 10% per ton commission on all iron ore products produced, sold, and shipped by IOC. IOC operates mine, concentrator and pellet plant at Labrador City, Newfoundland, and Labrador. The IOC mines and produces iron ore pellets and concentrates at its facilities in Labrador City, Newfoundland, and Labrador. The Company holds mining leases and mining licenses covering approximately 18,200 hectares of land near Labrador City.


TSX:LIF - Post by User

Comment by guerreiroon Sep 21, 2021 2:08pm
141 Views
Post# 33893033

RE:RE:RE:Iron ore prices drop Hugh

RE:RE:RE:Iron ore prices drop Hugh As pointed out by a few experts in the Media, the Iron Ore prices drop is being done by Chinese CCP manipulation, just like they are doing with many other metals.
AND as they say, Deep State swanpy Joe does not stand up to them and  letting the West being destroyed. ( Chinese CCP vendetta against Australia and some other Iron Ore global countries that don't buckle down to their Authoritarian policies)
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