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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 > A Longer Wait Line
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Post by TheBridgeon Dec 20, 2024 9:43am
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Post# 36371969

A Longer Wait Line

A Longer Wait LineFrom today's OilPrice - Oil & Energy Insider
Iron Ore Set To Fall Through Key Barrier - Disappointed by the lack of improvements in China's economy and the Australian government's highly bearish forecast that sees iron ore averaging $80/metric tonne in 2025, the metal posted four consecutive days of declines and dropped towards $101/mt.

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