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Bullboard - Stock Discussion Forum 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 Discussion

Noranda Income Fund Unit > Wonder if our premium has tripled?
View:
Post by ZincDink on Dec 08, 2021 3:23pm

Wonder if our premium has tripled?

https://www.mining.com/web/european-zinc-smelter-power-woes-spark-scramble-for-metal/
Comment by ljp0101 on Dec 09, 2021 5:16am
Nope. Glencore wins again. 2021/2022 Contractural Period Terms  As previously announced, for the period of May 1, 2021 to April 30, 2022 (the “2021/2022 contractual period”), the Fund agreed upon a fixed premium price on zinc metal sales with Glencore Canada. The purchase of concentrates continues to be made as per the agreement’s fallback position while negotiations with Glencore Canada ...more  
Noranda Income Fund Unit
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