"IOC's operator, Rio Tinto, is committed to reaching net zero emissions by 2050 and is targeting a 15% reduction in Scope 1 & 2 emissions by 2025 (from a 2018 baseline) and a 50% reduction by 2030. Approximately 75% of IOC's current GHG emissions come from pelletizing. In the shorter term, IOC is looking at ways to electrify its sources of heat to reduce emissions. This includes the introduction of the new electric boiler referred to above and the commencement of the pilot project to test the use of four new plasma torches in the pellet plant."

https://ca.finance.yahoo.com/news/labrador-iron-ore-royalty-corporation-234800990.html