Labrador Iron Ore Royalty Corporation revised production guidance for the year 2023. The company's 2023 guidance for IOC's saleable production (CFS plus pellets) has been lowered to 17.0 million tonnes to 18.7 million tonnes (previously 17.9 million tonnes to 19.6 million tonnes) as a result of lost production in June due to wildfires in Northern Quebec, together with a slightly extended annual maintenance shutdown.