Labrador Iron Ore Royalty Corporation announced consolidated unaudited production results for the third quarter and nine months ended September 30, 2019. For the quarter, the company reported total concentrate production was 5.4 million tonnes. Pellet production in the third quarter of 2019 of 2.7 million tonnes was 11% lower than the third quarter of 2018 but 17% higher than the previous quarter. CFS production in the third quarter of 2019 of 2.4 million tonnes was 24% higher than in the third quarter of 2018 and 17% higher than the previous quarter.

For the nine months, the company reported total concentrate production was 14.3 million tonnes. This was 34% higher than the same period in the prior year, largely as a result of the work stoppage experienced during the second quarter of 2018.

The company also announced that it expects to reach its 2019 annual production volume in a range of approximately 22 million to 24 million tonnes.