Noranda Reports Fourth Quarter Results, Sequential and Year-over-Year Profit Improvement
Wednesday, February 18, 2015
Posted by: Alisa Allen
"Our fourth quarter 2014 performance reflects a sequential and year-over-year improvement in our operating results," said Layle K. Smith, Noranda's President and Chief Executive Officer. "We achieved this improvement despite the negative impact of an unusually high concentration of reduction cell failures which began in mid-third quarter 2014 at our New Madrid smelter. We expect the smelter to be back to full production by the end of March 2015, and that facility is currently running at nearly 95% of capacity."
http://www.nasdaq.com/press-release/noranda-reports-fourth-quarter-results--sequential-and-yearoveryear-profit-improvement-20150218-00139
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