Labrador Iron Ore Royalty Corporation Announces Production Results for the Third Quarter and Nine Months Ended September 30, 2019; Provides Production Guidance for the Full Year 2019
For the nine months, the company reported total concentrate production was 14.3 million tonnes. This was 34% higher than the same period in the prior year, largely as a result of the work stoppage experienced during the second quarter of 2018.
The company also announced that it expects to reach its 2019 annual production volume in a range of approximately 22 million to 24 million tonnes.