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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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(26)
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Comment by Bigbird9999on Mar 26, 2017 7:01pm
118 Views
Post# 26033073

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

RE:BB are you aware of any plans for brownfield expansions?Nope.  But probably some stuff going on in China that nobody is aware of.  For the foreseeable future the world is short of Zn concentrate. II can't see anybody investing $ to increase capacity so they have to spend more $ on high priced cons.  The is no question in my mind that the Zn price is going to go up as the con shortage persists though 2017 -18.  The miners and the vertically integrated miners are all scrambling to make more Zn units to feed demand.

BB
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