Noranda Aluminum Holding Corporation (NORNQ)

Overview

Noranda Aluminum Holding Corporation is a company based in Franklin, Tennessee, established in 2007. It specializes in the production and sale of primary aluminum, alumina, bauxite, and rolled aluminum coils predominantly within the United States. The company operates through four main segments: Bauxite, Alumina, Primary Aluminum, and Flat-Rolled Products. Each segment is focused on different stages of aluminum production, from mining to the production of rolled aluminum products used in various industries, including automotive, pre-packaged foods, and the manufacturing of air conditioners and transformers.

Products and Services

Noranda Aluminum Holding Corporation offers a wide spectrum of aluminum-based products and services, categorized primarily into four segments:

• Bauxite: This segment involves the mining, production, and sale of bauxite, which is the primary raw material used in the production of alumina. The bauxite mined by Noranda serves as a fundamental component in the alumina refining process.
• Alumina: At this stage, bauxite is refined and converted into alumina through a chemical process. Alumina, also known as aluminum oxide, is a crucial input for the production of primary aluminum. This segment also includes the sale of smelter grade alumina and alumina hydrate or chemical-grade alumina to various industries.
• Primary Aluminum: In this critical segment, alumina is further processed to produce primary aluminum. Noranda manufactures aluminum products in various forms, including billets, rods, sow and foundry, and commodity-grade sow. These products serve as key materials for a multitude of applications in different sectors.
• Flat-Rolled Products: This segment concentrates on the production of rolled aluminum products. Noranda’s range of flat-rolled products includes:
  • Finstock: Used in the manufacture of air conditioners for both commercial and residential applications.
  • Container stock: Utilized in creating pre-packaged food containers.
  • Converter foils: Applied in packaging for food, drinks, agricultural, and industrial products.
  • Transformer windings: Aluminum conductors used in transformers.
  These products showcase the versatility of aluminum in various manufacturing and packaging applications, catering to original equipment manufacturers (OEMs) across different industries.