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Explore Anglo Pacific Group increases its iron ore exposure with Canada investment with 1,975 views, 0 likes, and 0 comments. Experience the impact of this video content that has captured audience attention.

Julian Treger, chief executive of Anglo Pacific Group Plc (LON:APF) discusses with Proactive's Andrew Scott their decision to acquire a 4.25% shareholding in Labrador Iron Ore Royalty Corp (LIORC) which is listed on the Toronto Stock Exchange. Treger explains that LIORC is structured as a passive flow-through entity for a 7% Gross Revenue Royalty and a C$0.10 per tonne commission on all iron ore products sold by the Iron Ore Company of Canada (IOC). On top of that LIORC has a 15.1% equity position in IOC. He says the investment's an attractive addition to the Anglo Pacific portfolio, giving them exposure to the premium end of the iron ore concentrate market.

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