Iron Ore Company of Canada

Iron Ore Company of Canada

company_name = Iron Ore Company of Canada
company_type = Public
company_slogan =
foundation = (1949)
location = Montreal, Quebec, Canada
key_people = Terence F. Bowles, President & CEO
revenue = profit$600 million CAN (2005)
industry = Mining
num_employees = 1,700 (2005)
products = Iron ore
homepage = []

Iron Ore Company of Canada (often abbreviated to IOC) is a Canadian-based producer of iron ore. The company was founded in 1949 from a partnership of Canadian and American M.A. Hanna Company. [Hollinger, M.A. Hanna, Labrador Mining, National Republic, Armco, Youngston and Wheeling-Pittsburg] It is now owned by a new consortium [Mitsubishi Corp., Rio Tinto Limited, LIORIF and IOC Ore Sales Company] , including the Mitsubishi and Rio Tinto corporations.

Based in Montreal, Quebec, IOC currently has mining and concentrater operations in Labrador City, Labrador, and operates the Quebec North Shore and Labrador Railway to ship ore concentrate from the mines to the port of Sept-Îles, Quebec.

During 1977 to 1983, the president of the company was Brian Mulroney, who later served as Canadian Prime Minister from 1984 to 1993.



* (Worldcat link: [] )

External links

* [ Official company homepage]

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