Bullboard - Stock Discussion Forum 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... see more

Add To Watchlist

TSX:LIF - Post Discussion

Labrador Iron Ore Royalty Corp > American to rebuild infrastructure

View:

Post by ckwong on Apr 02, 2021 9:15am

American to rebuild infrastructure

I believe the biggerst customer of Labrador Iron Mine is Chinese.Chinese is going to rebuilt China. In 2020 Q4 report, it indicates Chinese 2021 demand is strong. Biden is pushing the rebuild America plan. Both will need iron.Will the American demand pushes up the Chinese iron price? Would this make LIF to enjoy a few years of high dividend payout? The caveat will be "what if the West sanction China?" Can the shipment to China redirect to United States?

291