Labrador Iron Ore (TSE:LIF) has released an update.
Rio Tinto’s operations review for Q2 2024 reveals that the Iron Ore Company of Canada (IOC), backed by Labrador Iron Ore Royalty Corporation (LIORC), produced 3.72 million tonnes of saleable iron ore and sold 4.13 million tonnes. LIORC, which benefits from royalties on IOC’s sales, is set to release its full quarterly report in August. The production guidance for the full year remains unchanged, indicating steady operations.
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