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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 > Cost 750 MUSD to build similar plant in China
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Comment by wizthewizon Jan 11, 2023 4:46pm
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Post# 35216825

RE:Cost 750 MUSD to build similar plant in China

RE:Cost 750 MUSD to build similar plant in ChinaGlencore was braging about 6-7 years ago about controlling world zinc prices after it claimed to own about 5% of the total zinc assets--enough to give them the leverage they needed. I genrally make rational decisions regarding my investments but in this case I will vote NIF to closure and cleanup if needed rather than give Glencore anything!
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