In this section you will find IOC publications, including our employee magazine Mine to Port, our annual Sustainable Development Reports, as well as our latest photos.
Media Releases
Wednesday September 26th 2018 (Press release)
New pit increases capacity and extends life of operations at IOC

New pit increases capacity and extends life of operations at Iron Ore Company of Canada

25 September 2018

The new Moss Pit was officially opened today at the Iron Ore Company of Canada’s (IOC) operations in
Labrador, Canada, following a CAD$79 million investment in the Wabush 3 project. The new pit will help IOC
ramp up its annual production capacity, extend the life of operations and reduce operating costs.

The Moss Pit, named in honour of Dr A.E. (Ab) Moss, who played a leading role during the 1950’s in the initial
exploration and development of the mining operations now run by IOC, is located within IOC’s existing mine
operations. It was developed over 15 months, with a construction workforce of approximately 70 people.

It will be fully integrated into IOC’s overall Labrador City Operations, utilising existing maintenance, ore delivery,
processing and tailings management facilities as well as other aspects of IOC’s current infrastructure and
activities in the region. First ore is expected in Q3 2018.

IOC Chief Executive Officer and President Clayton Walker said “This is a historic day for IOC as we celebrate
the significant benefits the Moss Pit will deliver for our business, employees and surrounding communities in
Labrador West and Sept Iles for many years to come. This is the most significant investment in the Labrador
Trough since 2013.

“Not only will the Moss Pit extend the life of our operations, it will play an important role in ramping up our
production levels and increasing our competitiveness in the global market at a time when our product is in high
demand and securing significant premiums.

“I would like to thank everyone involved for their outstanding effort to safely deliver this project, and our
employees, unions and community members for their ongoing support for the strong future we share together.”

Notes to editors

Dr Moss helped to cut the Smokey Mountain ski hill near IOC’s operations. As part of the Wabush 3
development, new chair lifts are being installed at the ski hill and will be opened this season.

For further information, please contact:

Media relations: Rio Tinto Canada
Claudine Gagnon
Tel.: +1 514-848-8151

IOC Communications & External Relations
Marsha Power-Slade
Tel: 709-944-8400 ext 8677