Noranda Income Fund (NIF) is assessing the impact of a decline in the quality of global zinc concentrates on its facilities and what capital investments might be required to deal with it, the company said.
NIF, which owns the Canadian Electrolytic Zinc (CEZ) facility in the Canadian province of Quebec, said a rise in the level of impurities contained in zinc concentrates increased the level of residues to be treated per tonne of zinc produced. "Concentrate inventory levels continue to be variable due to...