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Noranda Income Fund (NNDIF)

Noranda Income Fund (NNDIF)
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Noranda Income Fund was incorporated on April 18, 2002. The Company is an income trust established under the laws of the province of Ontario, Canada. The Company owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Québec. The Processing Facility is the second-largest zinc processing facility in North America where the majority of zinc customers are located. Zinc concentrate is supplied to the Processing Facility by Glencore Canada Corporation. The Fund is paid a processing fee for refining the zinc, and it earns additional revenue through zinc metal premiums, by-product credits and metal recovery gains.
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