• Over 50 years of mining history having produced over 2 billion tonnes of high-grade iron concentrate and pellets
• Production comes from metamorphosed specularite-magnetite iron formations
• Home to four operating iron mines in the region
  • Carol Lake Mine - Labrador (2033 - 17.5 million tonnes production - sales)
    • IOCC - Rio Tinto, Mitsubishi, LIORC
  • Scully Lake Mine - Labrador (2022 - 3.1 million tonnes production - sales)
    • Tacora Resources
  • Bloom Lake Mine - Quebec (2022 - 7.9 million tonnes production - sales)
    • Champion Iron Ore
  • Mont-Wright Mine - Quebec (2022 - 23.3 million tonnes production - sales)
    • ArcelorMittal, POSCO, Asian Interests
• Infrastructure advantage with rail, ports and renewable low-cost hydroelectirc power
• Highly skilled local workforce with population of over 10,000 in area
• Development supportive indigeneous, government and business environment
• Established and tested regulatory approvals system in place

Useful Links:

Labrador Iron Ore Royalty Corporation: Overview | Labrador Iron Ore

Champion Iron Ore: Champion Iron | Iron ore mine | Mining company | Quebec

Tacora Resources: Tacora Resources Inc.

ArcelorMittal: ArcelorMittal Mines and Infrastructure Canada | ArcelorMittal

Port Of Sept-Iles: All About the Port | Port of Sept-Îles (portsi.com)

Newfoundland Labrador Hydro: Hydro Generation - Newfoundland & Labrador Hydro (nlhydro.com)

Government Of Newfoundland & Labrador: IRON Brochure Jan 2024 - web (gov.nl.ca)