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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 > European Smelters?
View:
Post by BSdetector2016 on Feb 23, 2023 2:10pm

European Smelters?

Give me a break. There is NO WAY that they can be cost competitive with Hydro Quebec. Besides they'll have another 40 degree summer and everyone will have their air conditioners switched on.
Comment by schocor on Feb 23, 2023 6:55pm
I dont see it either, BUT, power is cheap(er) in Europe after a winter of not much gas consumption and have yuo seen the European premiums for refined zinc? I am nto sure it is the best use of energy, but I am not European either.  IMHO Its a political argument - jobs today at 3 smelters vs safeguarding electricity costs into 2024. 
Noranda Income Fund Unit
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