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Noranda-Falconbridge, 1st Writethru (Site not responding. Last check: 2007-11-02) |
 | | Consolidating the Falconbridge operations - widely seen as the stronger part of the company - not only strengthens Noranda but makes it "marginally more" likely to be taken over by one of the massive global mining groups prowling the world for acquisitions, Smith said. |
 | | NorandaFalconbridge will have a stock-market capitalization of about $14 billion Cdn, a pipsqueak in global terms: industry leader BHP Billiton of Australia, for example, has a stock-market value of about $90 billion US. |
 | | NorandaFalconbridge will be the world's third-largest producer of nickel and zinc, and eighth-largest producer of copper, as well as having substantial aluminum and metal recycling operations and traces of cobalt and platinum group metals. |
| www.cp.org /premium/ONLINE/member/Business/050506/b050665A.html (624 words) |