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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.


TSX:LIF - Post by User

Labrador Iron Ore Royalty Corp > From Scotia this Morning
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Comment by ckwongon Apr 21, 2021 6:10am
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Post# 33035334

RE:From Scotia this Morning

RE:From Scotia this Morning
FNV has great record of investment in precious metals. It branches out to LIF is very interesting. Consider every country wants to reboot the economy through infrastructure, the demand for Fe and Cu should be high in mid to long term. I wouldnot surprise FNV picks up some copper royalty. Or get a seat on the LIF board and diversifies the royalty to beyond Fe.
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