New Millennium Iron Corp. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the three months ended September 30, 2016, the Company realized a net loss of $367,000 ($0.00 per share) compared to a net loss of $27,766,000 ($0.15 per share) for the comparative period in 2015. For the nine months ended September 30, 2016, the Company realized a net loss of $3,785,000 ($0.02 per share) compared to a net loss of $30,009,000 ($0.17 per share) for the comparative period in 2015. The decrease in the net loss for the three and nine month periods from the comparative periods in 2015 is mainly due to the Company incurring a non-cash impairment on long-term investments in TSMC in 2015 in the amount of $26,799,000 for which there is no impairment in 2016.