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LIF Labrador Iron Ore Royalty Corporation

32.50
0.00 (0.00%)
10 Oct 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Labrador Iron Ore Royalty Corporation TSX:LIF Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 32.50 32.35 32.56 0 01:00:00

Labrador Iron Ore Royalty Corporation (TSX:LIF) - IOC Fire at Reclaimer no. 2

03/04/2021 4:29pm

PR Newswire (Canada)


Labrador Iron Ore Royalty (TSX:LIF)
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From Oct 2019 to Oct 2024

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TORONTO, April 3, 2021 /CNW/ - Labrador Iron Ore Royalty Corporation (the "Corporation") announced today that it has been advised by Iron Ore Company of Canada ("IOC") that on March 31, 2021, there was a fire at reclaimer no. 2 at IOC's Sept-Îles port facilities. The fire was brought under control and there were no injuries. The cause of the fire remains unknown at this time, and an investigation process is ongoing and IOC is still assessing the impact on its operation. IOC has declared force majeure on its contracts and is working with customers to minimize disruption.

About Labrador Iron Ore Royalty Corporation

The Corporation holds a 15.10% equity interest in IOC directly and through its wholly-owned subsidiary, Hollinger-Hanna Limited, and receives a 7% gross overriding royalty and a 10 cent per tonne commission on all iron ore products produced, sold and shipped by IOC.

SOURCE Labrador Iron Ore Royalty Corporation

Copyright 2021 Canada NewsWire

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