Labrador Iron Ore Royalty Corporation (LIF.TO)

38.39 +0.16 (+0.42%) At close: 04:00PM EST

Labrador Iron Ore Royalty Corporation

PO Box 957
STN Adelaide
Toronto, ON M5C 2K3
Canada

https://www.labradorironore.com

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

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. John F. Tuer	Pres, CEO & Director	348.07k	N/A	1965
Mr. Alan Richard Thomas	Chief Financial Officer	188.37k	N/A	1943
Ms. Sandra L. Rosch	Exec. VP & Director	188.37k	N/A	1960
Robert O. Hansen	Sec.	N/A	N/A	N/A

Amounts are as of December 31, 2021 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. The company's primary products include standard and low silica acid, flux, 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 October 1, 2022 is 6. The pillar scores are Audit: 3; Board: 9; Shareholder Rights: 1; Compensation: 7.

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.