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Noranda Income Fund Unit 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 > Will state owned KEPO turn out the lights on Korea Zinc?
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Comment by Scotch12on Jul 10, 2022 5:12pm
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Post# 34814056

RE:RE:RE:Will state owned KEPO turn out the lights on Korea Zinc?

RE:RE:RE:Will state owned KEPO turn out the lights on Korea Zinc?
The article appeared to indicate that there had already been two increases this year and I believe there is at least one more coming.   The Korean government operated electric company is now running multiple billion US dollar deficits that are not sustainable. The Korean central bank has also started raising interest rates.

Energy price in Germany and other European countries are going to have  a devastating affect on industry.


https://www.bloomberg.com/opinion/articles/2022-06-27/factory-closures-from-aluminum-to-chicken-farming-are-going-to-become-common#xj4y7vzkg
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