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Noranda Income Fund Unit T.NIF.UN


Primary Symbol: NNDIF

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

Bullboard Posts
Post by Bigbird999on Dec 02, 2014 7:32pm
214 Views
Post# 23188125

Link to an explanation of how Zn smelters make money

Link to an explanation of how Zn smelters make money
If anybody is interested in how/why the world of Zn production works, have a look at the attached link. It is 5 years old but this is the best explanation in laymans terms of how the concentrate and metal markets interact.  It provides a very simple and accurate explaination of how Zn smelters make money treating purchased concentrates. 

Nyrstar operates 6 Zn refineries and is the largest purchaser of Zn concentrate on the planet (1.7 million tonnes) and one of the world's largest producers of refined metal (1.1 million tones). 

https://www.nyrstar.com/investors/en/Nyr_Documents/English/zincleadsmelting.pdf

BB


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