Rio Tinto’s Iron Ore Company of Canada (IOC) is celebrating it’s 70th anniversary as one of the leading North American producers and exporters of premium iron ore pellets and high-grade concentrate.
The IOC produced 9.7 million tonnes last year and contributed $384 million to the federal, provincial and local economies, while also investing $1.12 million in community initiatives.
IOC employs nearly 3000 people in the Newfoundland, Labrador and Quebec areas.
“As we celebrate 70 years of operations, we reflect on the remarkable journey that has shaped IOC into a leader in the iron ore industry,” IOC president and chief executive officer Mike McCann said.
“Our success is built on the dedication of our employees, the support of local communities, and our commitment to responsible practices.
“Looking ahead, we are excited to continue driving innovation, fostering strong partnerships, and contributing to the future of the Labrador Trough with the same spirit of excellence and responsibility that has defined us for decades.”
To mark the occasion, IOC hosted a reception at the Quebec North Shore and Labrador Station in Sept-Îles.
The event featured hosted some key stakeholders including Chief Mike McKenzie of Premier Nation Innu Uashat mak Mani-utenam, Minister of Rural Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency Gudie Hutchings, Quebec Minister of Employment and Minister responsible for the Côte-Nord Region Kateri Champagne Jourdain, and MHA Lake Melville and Parliamentary Assistant to the Premier of Newfoundland and Labrador Perry Trimper,.
The IOC began back in 1929, when geologists James, Gill, Low, and Retty, under the guidance of Mathieu André and Francis Pinette, began exploring the Labrador Trough.
It wasn’t until 1954 when the first train of iron ore departed from Schefferville, marking a key moment in IOC’s history.
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