TORONTO, July 15 (Reuters) - Rio Tinto on Monday
said it has initiated a "coordinated shutdown" at the Iron Ore
Company of Canada in Newfoundland and Labrador in response to an
evacuation order issued by the local government over wildfires.
The iron ore mine is jointly owned by Rio Tinto, Mitsubishi
Corp. ( MSBHF ) and Labrador Iron Ore Royalty Income Corporation.
Earlier in the day Champion Iron Ore Limited also said
that it was temporarily shutting down operations at its Bloom
Lake mine.
"There have been no injuries or damage to company
infrastructure to date. We will initiate a restart of operations
as soon as government authorities indicate that it is safe to do
so," Rio Tinto said in a statement.
On Saturday an aggressive forest fire in Newfoundland and
Labrador forced the local government to order the evacuation of
residents in Labrador City.
The local government on Monday announced a one-time
financial assistance payment of C$1000 ($731.42) to households
that were ordered to evacuate from their residence due to
wildfires.
($1 = 1.3672 Canadian dollars)