Asset report

Carol Lake iron ore mine

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Report summary

Carol Lake is Canada's second largest mine and first started production in 1962. The mine is located approximately 900 kilometres north-east of Montreal. It is majority owned by Rio Tinto (58.7%) with Mitsubishi and Labrador Iron Ore Royalty Corp (LIORC) owning 26.2% and 15.1% respectively. Development of the Wabush 3 pit was approved in February 2017 and will increase Carol Lake's concentrate production by up to 5Mtpa.

What's included

This report contains

  • Document

    Carol Lake iron ore mine

    PDF 415.39 KB

  • Document

    Carol Lake.xls

    XLS 219.00 KB

Table of contents

Tables and charts

This report includes 13 images and tables including:


  • Detail map
  • Costs: Image 1
  • Production: Image 1


  • Key facts: Table 1
  • Infrastructure
  • Costs: Table 1
  • Product quality
  • Participation: Table 1
  • Reserves and resources: Table 1
  • Production: Table 1
  • Operations: Table 1
  • Costs: Table 2
  • Economic assumptions: Table 1

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