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LABRADOR IRON ORE ROYALTY CORPORATION (TSX: LIF) - RIO TINTO RELEASES IOC PRODUCTION AND SALES INFORMATION

Newswire.ca - Wed Jul 19, 2023

TORONTO, July 19, 2023 /CNW/ - Rio Tinto released its operations review for the second quarter ending June 30, 2023, which included Iron Ore Company of Canada (IOC) production and sales information. Specifically, Rio Tinto announced that in the second quarter of 2023, IOC had total saleable iron ore production of 3.51 million tonnes, comprised of 1.61 million tonnes of pellets and 1.91 million tonnes of concentrate for sale (CFS). Rio Tinto also announced that IOC had total iron ore sales in the second quarter of 2023 of 4.43 million tonnes, comprised of 2.30 million tonnes of pellets and 2.12 million tonnes of CFS. Comparisons to prior quarters and Rio Tinto's commentary on the changes can be found in Rio Tinto's quarterly operational report which is posted on their website. Please note that the IOC sales tonnages are calculated slightly differently for the Labrador Iron Ore Royalty Corporation's (LIORC) royalty.

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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