August 2005

Noranda expands recycling business into Asia electronics market

Toronto, ON— Noranda Inc. is expanding its recycling activities with the opening of a new subsidiary, Noranda Recycling Inc. (Malaysia) Sdn Bhd located in Penang, Malaysia.

Noranda Recycling Malaysia was created to provide enhanced local service to existing Noranda customers and strengthen the company’s global service offerings to original equipment manufacturers in the electronics industry looking for worldwide recycling solutions.

Noranda is one of the world’s largest recyclers of electronics, operating four plants in the U.S. and one in Brampton, Ontario, Canada dedicated to electronics recycling.

The Malaysia office will source copper and precious metal-bearing scrap streams from electronics manufacturers in Asia. These materials will be shipped to Noranda’s recycling facilities in San Jose, California and East Providence, Rhode Island for sampling, then sent as feed to the Horne smelter in Quebec.

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