AXXDF:OTCMKTS
Alderon Iron Ore Ord Shs
$0.00
0.00%
(0.00) 1D
Oct 1, 11:53:57 AM GMT-5 · USD
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Volume
0.00
52-wk high
$0.00
52-wk low
$0.00
Shares outstanding
141.73M
No. of employees
1
Volume
0.00
52-wk high
$0.00
52-wk low
$0.00
Shares outstanding
141.73M
No. of employees
1
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Profile
Alderon Iron Ore Corp. was focused on the exploration, development and mining of an iron ore property in the southern Labrador Trough geological belt in southwestern Newfoundland and Labrador, near the Quebec border.
In 2010, Alderon Iron Ore acquired the rights to the Kamistiatusset property in the Labrador Trough. Alderon Iron Ore was a development-stage company advancing the Kami Project located in the Labrador Trough, Canada's premier iron ore mining district. Alderon had a proven management team with strong relationships and ties to the community and government, as well as a strategic partnership with HBIS Group, China's second largest steel producer. The Kami Project, owned 75% by Alderon and 25% by HBIS through The Kami Mine Limited Partnership. The Kami Project was surrounded by three producing iron ore mines and was in close proximity to Québec NorthShore & Labrador. Kami wanted to produce a premium-quality iron-ore product, ideal for blending and China's clean air requirements. Alderon was developing the high-grade iron ore Kami Project to take advantage of improved iron-ore prices, reduced CAPEX requirements, and available infrastructure. Wikipedia
About Alderon Iron Ore Ord Shs
CEO-
Employees1
Founded1978
HeadquartersVancouver, British Columbia, Canada
SectorSteel
Websitealderonironore.com