Labrador Iron Mines Holdings (Labrador Iron Mines Holdings) Construction In Progress : $0.00 Mil (As of Dec. 2023)

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What is Labrador Iron Mines Holdings Construction In Progress?

Labrador Iron Mines Holdings Construction In Progress Historical Data

The historical data trend for Labrador Iron Mines Holdings's Construction In Progress can be seen below:

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Labrador Iron Mines Holdings Construction In Progress Chart

Labrador Iron Mines Holdings Annual Data

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Construction In Progress

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Labrador Iron Mines Holdings Quarterly Data
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Labrador Iron Mines Holdings Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Labrador Iron Mines Holdings (Labrador Iron Mines Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Labrador Iron Mines Holdings Ltd (OTCPK:LBRMF) » Definitions » Construction In Progress

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Address

55 University Avenue, Suite 1805, Toronto, ON, CAN, M5J 2H7

Website

http://www.labradorironmines.ca

Labrador Iron Mines Holdings Ltd is a mineral resource company. The company through its subsidiaries is engaged in the business of mining iron ore and the exploration and development of direct shipping iron ore. Its projects include James, Redmond, Knob Lake, Houston and Malcolm, Sawyer Lake, Astray Lake and Kivivic Number 1 and 2.