The Mayor of Labrador City says despite a relatively strong market, IOC is currently bogged down with “moving dirt with no iron in it.”
Jordan Brown was responding to word that IOC has had to cut back on production while it works to clear millions of tonnes of waste from the mining site.
“So right now they have to move a lot of non-production waste, which is just regular dirt, to get to the rest of the ore body.”
Officials from Rio Tinto are coming to St. John’s on May 19th to meet with government officials on the issue.
