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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Labrador Iron Ore Royalty Corp

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Post by ElanS2on Apr 07, 2018 5:24pm

108 Views

Post# 27848171

Get ready for a long strike, IOC has been preparing

Take a look at the ship loading scheduled from 03 April to 15 May.
Go to: Port of Sept-Iles, Ship Schedule
Next to nothing: 2 vessels for a total of 65,000 tons.

Is this an annual experience ?
I don't know for sure but I doubt it.
Funny coincidence ?

The bay is clear, no ships waiting.

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