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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 > NORANDA AND TREVALI SHAREHOLDERS BEING SCREWED BY GLENCORE
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Comment by Finalsayon Nov 28, 2020 4:31pm
115 Views
Post# 31995338

RE:RE:RE:RE:NORANDA AND TREVALI SHAREHOLDERS BEING SCREWED BY GLENCORE

RE:RE:RE:RE:NORANDA AND TREVALI SHAREHOLDERS BEING SCREWED BY GLENCORECan you elaborate a bit on your comment regarding the delta between local Chinese TC and the sport market and how this provides China with a competitive advantage? Is local Chinese TC essentially the spot price for TCs in China specifically? and if that is the case, why is this different from spot TCs of the entire market? Is it because the concentrate has higher level of impurities? I get the impression undersanding these pricing dynamics is an important starting point in understanding the Zinc market in its current state.
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