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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 > 2022 Outlook

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Post by Bwrbhk on Apr 18, 2022 2:02pm

2022 Outlook

With the price of zinc at $2.00/lb. vs. $1.36/lb. last year, spot TC's at around $200/t vs. $80/t last year and zinc premiums at record levels ($0.26/lb. according to TD Securities) vs. the $0.06/lb. that Noranda agreed to last year (that deal expires at the end of this month), this could be a record year for Noranda.

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Comment by ZincDink on Apr 19, 2022 12:58pm

TC around 230 per dmt. https://news.metal.com/newscontent/101808866/TCs-of-Imported-Zinc-Continued-to-Rise,-Quotations-of-Domestic-Zinc-Remaining-Stable-/

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Noranda Income Fund Unit