Founded in
1949 from a partnership of
Canadian and
American interest (Hollinger, M.A. Hanna, Labrador Mining, National Republic, Armco, Youngston and Wheeling-Pittsburg), it is now owned by a new consortium (Mitshbishi Corp., Rio Tinto Limited, LIORIF and IOC Ore Sales Company).
Based in
Montreal ,
Quebec , IOC currently has mining and concentrater operations in
Labrador City ,
Labrador , and operates the
Quebec North Shore And Labrador Railway to ship ore concentrate from the mines to the port of
Sept Iles ,
Quebec .
In 1977-1983, its company president was
Brian Mulroney ,
Canadian Prime Minister from
1984 to
1993 .
