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Labrador Iron Ore Royalty Corp T.LIF

Alternate Symbol(s):  LIFZF

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

Post by auagntungstenon Oct 17, 2023 12:56pm
298 Views
Post# 35687421

Rio tinto quarter report

Rio tinto quarter reportthe stock price of LIF dropped again hard, yet
1) rio tinto's report shows sales of their IOC production increased and the value they got today is again over $120 .
Rio Tinto may have interests that dropped however to me it seems not from the IOC assets/
So much going on in the world, each conflict, division on which side is worse...
GLTA, 
As for the RIO TINTO quarterly report and some one who knows how their anization affects LIF, please share.

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