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Noranda Income Fund Unit T.NIF.UN


Primary Symbol: NNDIF

Metals & Mining Industrial Metals & Minerals
Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.


OTCPK:NNDIF - Post by User

Noranda Income Fund Unit
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Comment by Bigbird9999on Mar 27, 2017 2:05pm
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Post# 26036799

RE:RE:RE:BB are you aware of any plans for brownfield expansions?

RE:RE:RE:BB are you aware of any plans for brownfield expansions?Those were small (~20 Kt) expansions treating secondary zinc sources (EAF dust and Zn plant residues)  at Nordenham and Porto Vesme.  Capital intensive but allows the plant to increase production without purchasing more feed by treating secondary materials that they do no pay for (or get paid to treat).  Economic on a case by case basis but a drop in the bucket as far as tonnage goes (~2% of European Zn market).  Profitable because the feed is free vs $1 per pound for Zn in cons.
BB
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities