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Labrador Iron Ore Faces Production Challenges

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Labrador Iron Ore Faces Production Challenges

Labrador Iron Ore (TSE:LIF) has released an update.

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Labrador Iron Ore Royalty Corporation’s third quarter report highlights a significant impact on production due to forest fires leading to a site-wide shutdown. Rio Tinto’s operational report reveals a decrease in IOC’s saleable production and revised annual targets, affecting total iron ore sales. Investors are advised to watch for further updates when LIORC releases their full report in November.

For further insights into TSE:LIF stock, check out TipRanks’ Stock Analysis page.

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