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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Post by ZincDink1on Apr 01, 2020 4:47pm

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Post# 30869936

Sigh, Sars 2 is forcing mine closures pressuring TC

https://www.metalbulletin.com/Article/3925722/Spot-zinc-concentrate-TCs-swing-from-highs-to-lows-as-key-mining-regions-hit-lockdown.html

So far, its not a huge hit, but I have a feeling mines will be down longer than anticipated and who knows what demand for zinc will be.

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