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 BudFox198777777on Feb 01, 2023 8:22am

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Post# 35258909

Iron ore prices could rally - CNBC

Exports of iron ore out of India are set to remain low as the world’s fourth-largest producer reserves more of the commodity for its domestic use, according to commodity intelligence service Kpler.
“Indian iron ore exports … have really come off in the last few months. And that is quite indicative that domestic consumption there is very strong,” said Reid I’Anson, Kpler’s senior commodity analyst.

https://www.cnbc.com/2023/02/01/iron-ore-prices-may-rally-as-india-remains-reluctant-to-share-analyst.html

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