Labrador Iron Mines
Labrador Iron Mines Holdings Limited (LIMH), through its majority-owned subsidiaries, is engaged in the exploration and development of iron ore projects in the central Labrador Trough region, a significant iron ore-producing area in Newfoundland and Labrador and Quebec. The company owns extensive iron ore resources and numerous mineral exploration claims, collectively known as the Schefferville Projects, which include direct shipping iron ore (DSO) deposits and the Elizabeth Taconite Project.
Labrador Iron Mines Limited (LIM) is positioned to resume mining operations at its Houston Mine when market conditions permit, subject to financing and contract negotiations. The company benefits from established infrastructure, including power, roads, and a deep-sea port, facilitating the production and sale of high-quality iron ore products suitable for Asian and European markets.
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