Noranda Income Fund (NIF) has reduced its 2019 zinc metal sales and output guidance after unexpected maintenance outages and challenges to its production.
NIF, which owns the Canadian Electrolytic Zinc (CEZ) facility in the Canadian province of Quebec, said that its new sales and production range for the year was forecast to be between 255,000 tonnes and 265,000 tonnes.This was down from an earlier forecast in February of 270,000-280,000 tonnes.Zinc metal production in 2018 was 270,076 tonnes, up from...