08
Mar
15:43
Labour strike undermines Labrador Iron Ore's 2018 results
Canadian-based Labrador Iron Ore Royalty Corporation's (LIORC) earnings slumped in 2018, according to the company's year-end earnings review, Kallanish reports.
“The financial results for LIORC in 2018 were adversely affected by the nine-week labour strike from the 26th of March to the 29th of May in 2018, which halted all iron ore production at LIORC," the company's review states. "The cash flow from operations, equity earnings…
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Anonymous
Very good overview of the weekly steel market.
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