RE:potential for IOC shutting down LIF should be telling us where the stuff is going. That is pertinant information to LIF shareholders. It is not secret info anyway as the desitnation of vessels leaving Sept-Iles is known to the Port . I'll see what I can find out.
Lots of stuff leaves here for China and Japan. The Aussi product does not have the quality of Labrador Trough product. The Lab stuff is part of the blast furnace feed recipe as its presence reduces coking coal consumption when used with the craap from Australia. I did not imagine that. I got it from a grey haired blast furnace operator at a local conference in 2011. That is also why our stuff sells at a premium and the Aussi stuff is marked down.
The port records available on line show vessel names, tonnages,departure dock, and dates. A little internet research would probably reveal the desitnation. IOC has its own dock, shipping its own product and that of Tata Steel. Tata stuff goes to India I would imagine so that leaves just IOC stuff.
Stuff goes from here to Europe, Japan, China, the US east coast and up the lakes. If LIF was to do a little work I am sure that all the destinations could be explained with tonnages. Something for the executive to do. They could even farm that out for very few $. If they do not already know that they are not doing their job.
I think shipping costa are available on the internet : Baltic bulk index or rates or something like that.
More work for the Executive !