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.

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Noranda Income Fund Unit > Zinc TC on the move up...finally

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Comment by Bwrbhkon Jan 25, 2022 4:12pm

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Post# 34359622

RE:RE:Zinc TC on the move up...finally

SMM (Shanghai Metal News) also confirm that spot TC's in China have increased 25% in the last month, from $80/t to $100. On an annual basis, a $20/t increase in TC's adds about $11 million to Noranda's revenue and cash flow.

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