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Labrador Iron Ore Royalty Income Fund
 
IRON ORE

Rio Tinto to decide by 2013 on doubling Canadian iron-ore output

Multinational miner Rio Tinto will decide in 2013 on a project to double the production at its Canadian iron-ore operations from 23-million to 50-million tons yearly by around 2015, a spokesperson said Tuesday. While the company is still...
16th August 2011
 
IRON ORE

Rio Tinto OKs $1,2bn of iron-ore expansions in Canada, Australia

Mining giant Rio Tinto will spend $933-million to extend the life of its Marandoo iron-ore mine, in Australia, and has also approved a $277-million expansion at its Iron Ore Company of Canada, the group announced on Tuesday. The group – the...
8th February 2011
 
IRON-ORE

Rio Tinto restarts Canada iron-ore expansion

Diversified miner Rio Tinto will restart an expansion programme at its Iron Ore Company of Canada, beginning with a $401-million investment to increase yearly concentrate capacity by four-million tons, the group announced on Thursday. The...
6th May 2010
 
IRON ORE

Rio, Iron Ore Co of Canada drop plans to reopen Quebec pelletising plant

The Iron Ore Company of Canada (IOC) and its largest shareholder Rio Tinto no longer plan to restart the Sept-Iles pelletising plant, in Quebec, after sharp declines in global iron-ore demand. “The Sept-Iles pelletizing plant restart project is...
28th February 2009
 
Projects Update

Iron Ore Company (IOC) of Canada capacity expansion

The project will increase the IOC's annual production of iron-ore concentrate to 22,8-million tons a year.
10th October 2008
 
IRON ORE

Rio Tinto, Iron Ore Co of Canada approve $300m expansion

The Iron Ore Company of Canada (IOC) and its largest shareholder Rio Tinto will spend C$300-million to lift the Canadian firm's yearly capacity to 22,8-million tons, the companies announced on Thursday. The latest investment will increase pellet...
4th September 2008
 
IRON ORE

Rio Tinto to spend $475m to boost Canada iron-ore output

Diversified miner Rio Tinto has approved a $475-million investment to increase the annual capacity of its Iron Ore Company of Canada (IOC) to 22-million tons a year of iron-ore concentrate, the company said on Tuesday. IOC, Canada's biggest...
11th March 2008
 
 
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