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03 May
18:21

Iron ore outlook remains murky for Labrador Iron

Canadian iron ore supplier Labrador Iron Ore Royalty Corporation (LIORC) sees a mixed bag for iron ore pricing in the year ahead, Kallanish understands. “As is usual for LIORC, the results for the balance of 2017 will be largely determined by the iron ore price,” the company says in its first quarter earnings review and outlook. “The benchmark prices for iron ore have fallen precipitously in the last few weeks, reportedly driven by concerns on …
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