Sept 25 (Reuters) - Alderon Iron Ore Corp IRON.TO :
* Alderon reaches settlement with Newfoundland and Labrador hydro
* Alderon iron ore corp - As a result of settlement, Kami LP will be returned $11.5 million from release of letter of credit
* Alderon iron ore - If construction of transmission line resumes within next 5 years, Kami LP will get an additional $750,000 payment as a re-start credit
* Alderon iron ore - Kami LP reached settlement with Newfoundland, Labrador Hydro related to $21 million letter of credit
* Alderon iron ore - $21 million letter of credit was posted for construction of a new transmission line to Labrador West Area