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17 Jul
01:00

Iron Ore Co of Canada posts strong H1 output, sales

The first half of the year was the best so far for production of iron ore concentrate and pellets for the Iron Ore Company of Canada’s (IOC), Kallanish learns from majority owner Rio Tinto. Mitsubishi Corp holds a 26% stake in IOC, Labrador Iron Ore Royalty Co holds 15%, and Rio Tinto owns the remaining 59%. IOC’s total production reached 8 million tonnes in H1 2015, a 14% increase over H1 2014. The improvement was credited to increased…
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