Bullboard - Stock Discussion Forum Labrador Iron Ore Royalty Corp T.LIF

Alternate Symbol(s): LIFZF

Steel Steel

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... see more

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Labrador Iron Ore Royalty Corp > A Christmas Boost

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Post by TheBridge on Dec 10, 2021 2:01pm

A Christmas Boost

Today's Oil & Energy Insider reported: MARKET WANTS TO BELIEVE IN IRON ORE PRICE RECOVERY. The spot price of iron ore delivered to China has seen a robust increase of some 25% over the past 3 weeks, currently trending at $110 per metric ton, primarily on the back of Chinese customs data indicating breakaway import volumes last month at 105 million tons, the highest level since July 2020. This should help boost the share price, a bit.

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