LIM Ships Its First Iron Ore of the Year

Iron Investing

Labrador Iron Mines Holdings announced its first shipment of iron ore for 2013; the company reported that a cargo ship laden with 174,360 wet metric tonnes set sail from the Port of Sept-Îles bound for China.

As quoted in the press release:

John Kearney, Chairman and Chief Executive of Labrador Iron Mines, stated “We are happy to report that LIM’s first shipment of 2013 has sailed and that production is ramping up largely on schedule, despite difficult weather conditions that prevailed in the Schefferville area during April and May. Now that the Silver Yards wet plant is operating, we expect to accelerate our production, railing and shipping and look forward to a solid year of operations.”

Click here for the full press release from Labrador Iron Mines Holdings Limited (TSX:LIM)

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