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Iron Ore Company Of Canada
Iron Ore Company of Canada (often abbreviated to IOC) (french: Compagnie Minière IOC) is a Canadian-based producer of iron ore. The company was founded in 1949 from a partnership of Canadian and American M.A. Hanna Company. It is now owned by a new consortium, including the Mitsubishi and Rio Tinto corporations. Rio Tinto is the majority shareholder in the venture, with 58.7% of the joint stock as of October 2013. Mitsubishi controlled 26.2% of the investment as of March 2013. Based in Montreal, Quebec, IOC currently has mining and concentrator operations in Labrador City, and operates the Quebec North Shore and Labrador Railway to ship ore concentrate from the mines, such as Wabush, to the port of Sept-Îles, Quebec. Currently, this railway (along with the TSH, CFAQ, and WABL lines) form an isolated railroad network, as it does not interchange with any other rail lines on the North American network. During 1977 to 1983, the president of the company was Brian Mulroney, wh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iron Ore Company Canada
Iron () is a chemical element A chemical element is a species of atoms that have a given number of protons in their nuclei, including the pure substance consisting only of that species. Unlike chemical compounds, chemical elements cannot be broken down into simpler sub ... with Symbol (chemistry), symbol Fe (from la, Wikt:ferrum, ferrum) and atomic number 26. It is a metal that belongs to the first transition series and group 8 element, group 8 of the periodic table. It is, Abundance of the chemical elements#Earth, by mass, the most common element on Earth, right in front of oxygen (32.1% and 30.1%, respectively), forming much of Earth's outer core, outer and inner core. It is the fourth most common abundance of elements in Earth's crust, element in the Earth's crust. In its metallic state, iron is rare in the Earth's crust, limited mainly to deposition by meteorites. Iron ores, by contrast, are among the most abundant in the Earth's crust, although extracting usable m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wabush Lake Railway
The Wabush Lake Railway (formerly WABL and NLCL) is a short line railway operating in the province of Newfoundland and Labrador, Canada. The railway was built in 1960 from the Quebec North Shore and Labrador Railway to Wabush, initially called the Northern Lands Company Railway (reporting mark: NLC).http://www.quebec511.info/images/fr/carte_routiere/PDF/c06_carton_Duplessis_4M.pdf Opened in 1963, the railway operates a line running between Labrador City, Labrador, and Wabush, where it interchanges with the Quebec North Shore and Labrador Railway. The Wabush Lake Railway is owned by the Wabush Mining Company, which mines iron ore near Labrador City. The ore is transported from the mine to the Quebec North Shore and Labrador Railway connection at Wabush. The Quebec North Shore and Labrador Railway transports the ore between Wabush and Arnaud Jct., Quebec using Wabush locomotives, currently a mix of power leased from CEFX and QNS&L. At Arnaud Junction, the ore is transferred ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-renewable Resource Companies Established In 1949
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual Chemical element, elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when Sustainable forest management, harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can occur within time frames meaningful to humans as well. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canadian Subsidiaries Of Foreign Companies
Canadians (french: Canadiens) are people identified with the country of Canada. This connection may be residential, legal, historical or cultural. For most Canadians, many (or all) of these connections exist and are collectively the source of their being ''Canadian''. Canada is a multilingual and multicultural society home to people of groups of many different ethnic, religious, and national origins, with the majority of the population made up of Old World immigrants and their descendants. Following the initial period of French and then the much larger British colonization, different waves (or peaks) of immigration and settlement of non-indigenous peoples took place over the course of nearly two centuries and continue today. Elements of Indigenous, French, British, and more recent immigrant customs, languages, and religions have combined to form the culture of Canada, and thus a Canadian identity. Canada has also been strongly influenced by its linguistic, geographic, and e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rio Tinto (corporation) Subsidiaries
Rio Tinto, meaning "red river", may refer to: Businesses * Rio Tinto (corporation), an Anglo-Australian multinational mining and resources corporation ** Rio Tinto Alcan, based in Canada ** Rio Tinto Borax in America *** Rio Tinto Borax Mine, a mine in Boron, California, USA ** Rio Tinto Coal Australia, the Australian coal mining operation ** Rio Tinto Energy America, an American operation ** Rio Tinto Madagascar, a Madagascar operation ** Rio Tinto Tower, a building in Brisbane, Queensland, Australia Places Brazil * Rio Tinto, Paraíba Portugal * , a civil parish in the Esposende Municipality * Rio Tinto (Gondomar), a civil parish in municipality of Gondomar Spain * Rio Tinto (river), a river descending from the Sierra Morena mountains of Andalusia, home of the first Rio Tinto Group mine. United States * Rio Tinto, Nevada Other uses * America First Field (formerly known as Rio Tinto Stadium), a soccer stadium, in Sandy, Utah, United States, home to the Major League S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Montreal
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Ventures
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates (t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mining Companies Of Canada
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electric Locomotive
An electric locomotive is a locomotive powered by electricity from overhead lines, a third rail or on-board energy storage such as a battery or a supercapacitor. Locomotives with on-board fuelled prime movers, such as diesel engines or gas turbines, are classed as diesel-electric or gas turbine-electric and not as electric locomotives, because the electric generator/motor combination serves only as a power transmission system. Electric locomotives benefit from the high efficiency of electric motors, often above 90% (not including the inefficiency of generating the electricity). Additional efficiency can be gained from regenerative braking, which allows kinetic energy to be recovered during braking to put power back on the line. Newer electric locomotives use AC motor-inverter drive systems that provide for regenerative braking. Electric locomotives are quiet compared to diesel locomotives since there is no engine and exhaust noise and less mechanical noise. The lack o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GMD SW1200MG
The GMD SW1200MG is a 4-axle electric locomotive built by General Motors Diesel between 1963 and 1971. The locomotive is the electric version of the diesel powered SW1200, with the prime mover replaced by a motor-generator set, hence the MG suffix in the model number. Locomotives run under 2400V 60 Hz, in automatic control without driver. The difference with SW1200 is that a single-phase electric motor is provided in place of the diesel engine, with adapted control. Nine examples of this locomotive were built for a single Canadian customer – Iron Ore Company of Canada (IOC). See also *List of GMD Locomotives The following is a list of locomotives produced by General Motors Diesel (GMD), and its corporate successor Electro-Motive Canada (EMC). The NF-110 and NF-210 locomotive models were narrow gauge locomotives for use on Canadian National Railway's ... References External links technical leaflet (in french) [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Labrador City, Labrador
Labrador City is a town in western Labrador (part of the Provinces and territories of Canada, Canadian province of Newfoundland and Labrador), near the Quebec border. With a population of 7,412 as of 2021, it is the second-largest population centre in Labrador, behind Happy Valley-Goose Bay. Neighbouring Labrador City is Wabush, a smaller town with a population of approximately 1,964 as of 2021. Together, the "twin towns" are known as Labrador West. In the 1960s, Labrador City was founded to accommodate employees of the Iron Ore Company of Canada, and iron ore mining continues to be the primary industry in the town. The Labrador City town motto is ''Kamistiatusset'', a Naskapi word meaning "land of the hard-working people." The Labrador City town crest is that of a snowy owl holding a scroll atop a black spade on a mound of red earth. The symbol represents iron ore mining. The spade is flanked by two caribou. Both snowy owls and caribou are native to the Labrador City area. Gove ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
