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Noranda Income Fund Unit T.NIF.UN


Primary Symbol: NNDIF

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

Post by Bwrbhkon Aug 29, 2022 10:17am
144 Views
Post# 34926472

Spot TC's on the rise

Spot TC's on the riseFurther confirmation that spot TC's are heading up.  Open Mineral reported that spot TC's for imported zinc concentrate in China have increased from $190/t in June to $255/t in late July.  Due to smelter closures and cutbacks in Europe, it would not be surprising to see spot TC's north of $300/t by year end.
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