Company type | Public |
---|---|
Industry | Mining |
Founded | 1922 |
Defunct | 2005 |
Fate | Acquired by Falconbridge Limited |
Headquarters | Toronto, Ontario |
Products | Copper, gold, zinc, aluminum |
Noranda Inc. was a mining and metallurgy company originally from Rouyn-Noranda, Quebec, Canada. It was listed on the TSX under the symbol NRD.LV. After eventually acquiring a large interest in rival mining company Falconbridge, it merged with that company in 2005. The combined company continued under the name Falconbridge Limited, ending the Noranda name. Only one year later in 2006 Falconbridge was acquired by the Swiss-based mining company Xstrata. On 2 May 2013 ownership of Xstrata was fully acquired by mining behemoth Glencore.