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 > Spot TC's in China

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Post by Bwrbhkon Feb 18, 2022 11:12am

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Post# 34441905

Spot TC's in China

Open Mineral estimate that spot TC's in China for low Au and Ag zinc concentrate is currently $170/t which is up from $140/t in late Dec.,2021 and $85/t in Nov., 2021. Very bullish for Noranda who broke even at $80/t for the first 9 months of 2021.

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