Labrador Iron Ore Royalty Corporation (LIF.TO)

30.21 -0.16 (-0.53%) At close: 04:00PM EDT

Labrador Iron Ore Royalty Corporation

31 Adelaide St. East
PO Box 957
Toronto, ON M5C 2K3
Canada
416-362-0066
https://labradorironore.com

Sector(s): Basic Materials
Industry: Steel
Full Time Employees: 

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Alan Richard Thomas	Chief Financial Officer	183.42k	N/A	1943
Robert O. Hansen	Secretary	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Labrador Iron Ore Royalty Corporation, through its subsidiary, Hollinger-Hanna Limited, holds a 15.10% equity interest in Iron Ore Company of Canada (IOC) that produces and processes iron ores at Labrador City, Newfoundland and Labrador. Its primary products include standard and low silica acid, flux, and direct reduction pellets; iron ore concentrate; and seaborne iron ore pellets. The company was formerly known as Labrador Iron Ore Royalty Income Fund and changed its name to Labrador Iron Ore Royalty Corporation in July 2010. The company is based in Toronto, Canada.

Corporate Governance

Labrador Iron Ore Royalty Corporation’s ISS Governance QualityScore as of April 1, 2024 is 7. The pillar scores are Audit: 4; Board: 9; Shareholder Rights: 4; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.