Labrador Iron Ore Royalty Corporation (LIF.TO)

32.08 +0.73 (+2.33%) At close: 04:00PM EST

Labrador Iron Ore Royalty Corporation

31 Adelaide St. E.
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. John F. Tuer	President, CEO & Director	346.49k	N/A	1965
Mr. Alan Richard Thomas	Chief Financial Officer	187.51k	N/A	1943
Ms. Sandra L. Rosch	Executive VP & Director	187.51k	N/A	1960
Robert O. Hansen	Secretary	N/A	N/A	N/A

Amounts are as of December 31, 2022 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, and iron ore concentrate, as well as 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. Labrador Iron Ore Royalty Corporation is based in Toronto, Canada.

Corporate Governance

Labrador Iron Ore Royalty Corporation’s ISS Governance QualityScore as of December 1, 2023 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.