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Canada's Labrador Iron boosted by iron shipments

Toronto-listed Labrador Iron Ore Royalty (LIF) has been boosted by better-than-expected third-quarter operating results at Rio Tinto’s Iron Ore Company of Canada (IOC) unit.

Canada's Labrador Iron boosted by iron shipments Canada's Labrador Iron boosted by iron shipments Canada's Labrador Iron boosted by iron shipments Canada's Labrador Iron boosted by iron shipments Canada's Labrador Iron boosted by iron shipments

Labrador enjoys higher iron output

Third-quarter combined IOC production volumes of 4.7Mt, making an annualized rate of 18.9Mt, was 8% above analysts' forecasts of 4.4Mt, with both pellets and concentrates exceeding expectations.

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