RE:Smelter stockNoranda Income Fund (NIF.UN-Toronto) gives direct zinc smelter exposure.
Complicated ownership. 25% owned by Glencore and operated by them. Some of the concentrate they smelt comes from Trevali.
The Fund had a terrible financial performance while smelter chrges were so low but will do much better now charges are increasing.
NIF share price has already doubled over the last three months.