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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...
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.
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TSX:LIF - Post Discussion
Labrador Iron Ore Royalty Corp
> Double bottom for iron ore prices
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•••
liljohnnyjoke
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Post by
liljohnnyjoke
on Apr 01, 2024 8:23am
Double bottom for iron ore prices
happening now
(292)
•••
TheBridge
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Comment by
TheBridge
on Apr 01, 2024 11:25am
Finally some good news out of China with it's first improvement in manufacturing in over a year.
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