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Labrador Iron Ore Royalty Q3 2023 Earnings Report

Labrador Iron Ore Royalty logo
C$29.77 +0.16 (+0.54%)
(As of 12/24/2024 01:21 PM ET)

Labrador Iron Ore Royalty Earnings Headlines

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About Labrador Iron Ore Royalty

Labrador Iron Ore Royalty (TSE:LIF) is a Canadian corporation. The company generates all of its revenue from its equity investment in Iron Ore Company of Canada, (IOC) and its IOC royalty and commission interests. IOC operates a major iron mine near Labrador City, Newfoundland, and Labrador on lands leased from LIORC. Directly and through its wholly-owned subsidiary, Hollinger-Hanna, LIORC owns an equity interest in IOC and receives gross overriding royalty on all iron ore products produced from the leased lands that are sold and shipped by IOC and commission on IOC's sales of iron ore. IOC is a Canadian producer of iron ore pellets and concentrate, serving customers worldwide.

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