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    LIF   CA5054401073


Business Summary
Logo Labrador Iron Ore Royalty Corporation
Labrador Iron Ore Royalty Corporation is a Canada-based investment company. The Company owns interest in Iron Ore Company of Canada (IOC), a North American producer and exporter of iron ore pellets and high-grade concentrate, which is located in the Labrador City, Newfoundland and Labrador. The Company, through its subsidiary, Hollinger-Hanna Limited (Hollinger-Hanna), holds approximately 15.10% equity interest in IOC. It holds approximately 7% overriding royalty on all iron ore products produced, sold, delivered and shipped by IOC. It holds approximately $ 0.10 per ton commission interest on sales of iron ore by IOC and certain lease interests. It also holds certain mining leases and mining licenses covering approximately 18,200 hectares (ha) of land near Labrador City. IOC is an iron ore producer, mine operator, concentrator and pellet plant, and is a producer of iron ore pellets across the world.

Number of employees : 2 754 people.
Sales per Business
Iron Ore Company of Canada Royalties200.1399.1%277.8199.4% +38.82%
Iron Ore Company of Canada Commissions1.800.9%1.660.6% -8.15%
CAD in Million
Sales per region
Canada201.93100%279.47100% +38.4%
CAD in Million
Name Title Age Since
John Tuer President, Chief Executive Officer & Director - 2019
Alan R. Thomas Chief Financial Officer 78 2016
Robert O. Hansen Secretary - -
James C. McCartney Executive Vice President 83 -
Members of the board
Name Title Age Since
William H. McNeil Chairman - -
Mark J. Fuller Lead Independent Director - 2014
Patricia M. Volker Independent Director 62 2014
Doug McCutcheon Independent Director 56 2020
Dorothea Elisabeth Mell Independent Director - 2020
Sandra L. Rosch Director & Executive Vice President - 2014
John Tuer President, Chief Executive Officer & Director - 2019
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 64,000,000 63,961,800 99.9% 0 0.0% 99.9%
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Company contact information
Labrador Iron Ore Royalty Corp.
STN Adelaide
Toronto, ON M5C 2K3

Phone : +1.416.362.0066
Web : http://www.labradorironore.com
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