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Exhibit 4.56  

         

  

n e w s    r e l e a s e 

 
 

NORANDA ANNOUNCES WEBCAST OF ANNUAL GENERAL MEETING
  AND CONFERENCE CALL FOR FIRST QUARTER 2003 RESULTS
  
    Q1 2003 Financial Results to be Released on April 23, 2003    

TORONTO, April 14, 2003 — Noranda Inc. announced today that it will webcast its Annual General
Meeting (AGM) on Wednesday, April 23, 2003 at 10:00 a.m. EDT. The live webcast and slide presentation will be available through Noranda's website at
www.noranda.com. 

Noranda's
Annual General Meeting will be held at: 

The
Design Exchange

234 Bay Street, 2nd Floor

Toronto, Ontario, 

Quarterly Conference Call for Investors and Media  

In
addition, the conference call for investors and media to review the first quarter 2003 results will be webcast at 1:00 p.m. (EDT). It can also be accessed through Noranda's website at
www.noranda.com. 

Both
events will be archived on Noranda's website at www.noranda.com. To access the replay, click on the Conference Call button on the home page. 

Noranda Inc. is a leading international mining and metals company with more than 48 mining and metallurgical operations and projects under development in 17 countries.
Noranda is one of the world's largest producers of zinc and nickel and is a significant producer of copper, primary and fabricated aluminum, lead, silver, gold, sulphuric acid and cobalt. Noranda is
also a major recycler of secondary copper, nickel and precious metals. Noranda employs over 15,000 people. It is listed on The Toronto Stock Exchange and The New York Stock Exchange
(NRD).

— 30 — 

Contact:

Dale
Coffin

Director, External Communications

Tel: 416-982-7161

dale.coffin@toronto.norfalc.com

www.noranda.com 

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NORANDA ANNOUNCES WEBCAST OF ANNUAL GENERAL MEETING AND CONFERENCE CALL FOR FIRST QUARTER 2003 RESULTS Q1 2003 Financial Results to be Released on April 23, 2003Exhibit 4.57  

         

  

n e w s    r e l e a s e 

STATUS REPORT ON NORANDA'S ALTONORTE

PHASE III EXPANSION PROJECT  

	•
	The Project is operating on schedule and within budget  

	•
	Productivity Improvements are Helping to Counteract Poor Market Conditions  

	•
	The facility is operating near design capacity and at design operating costs after only two
months  

	•
	The smelter has achieved significant improvements in environmental performance  

TORONTO, ONTARIO, April 16, 2003 — Noranda Inc. announced today that its Altonorte copper smelter,
located near the city of Antofagasta in northern Chile, successfully completed the second full month of its
Phase III expansion start-up. As a result, the facility is operating near design capacity and it has achieved its design operating costs as a stable, reliable custom copper smelting
operation. 

Altonorte
began its ramp-up process in January 2003, when its new #3 acid plant went into operation. The US$170 million expansion project was designed to more than double
Altonorte's capacity to treat copper concentrate from 385,000 to 820,000 tonnes per year. Copper production will increase from 160,000 to 290,000 tonnes per year and by-product sulphuric
acid will go from 220,000 to 700,000 tonnes per year. The project is nearly completed, slightly under budget and with the ramp-up beginning on schedule. 

"Altonorte's
Phase III expansion is ramping up faster than scheduled and, as a result, it is helping to offset the negative effects of the current low cycle in the copper markets
world-wide," said Mark Petersmeyer, General Manager of Altonorte. "I'm particularly pleased that there were no lost-time injuries to our employees related to the
start-up. This achievement is especially noteworthy in light of the sweeping changes that took place in processes and equipment." 

Asked
about the status of the ramp-up, Petersmeyer replied, "We should be in a position to achieve full design capacity sometime in July, soon after the second casting wheel is completed.
The rest of the plant has already demonstrated its ability to maintain a steady and reliable operation for extended periods at design capacity." 

Upon
completion of the ramp-up period, the Altonorte facility will become the eighth-largest copper smelter in the world. The smelter is strategically located in a region where there are
large producers of copper concentrate and customers for sulphuric acid. 

In
addition to the increase in production capacity, the Phase III expansion has significantly improved the smelter's overall environmental performance. 

.../2

2

 

"With the start-up of #3 acid plant, we have increased the sulphur capture to better than 93%, which is the design target and its capacity permits us to close the old #1 acid plant," added
Petersmeyer. "And thanks to Altonorte's location in the Atacama desert, all liquid wastes are treated and the smelter will continue to have no discharge to the environment. This expansion will ensure
that the smelter's environmental performance will continue to meet Chilean environmental regulations and Noranda's own environmental policy." 

Built
in 1993 and acquired 100% by Noranda in 1998, the Altonorte smelter is located in one of the highest growth areas for copper mine development in the world. The smelter processed over 452,000
tonnes of material in 2002 compared to 387,000 tonnes in 2001. It also produced 323,000 tonnes of sulphuric acid in 2002 over 230,000 in 2001. It employs about 500 people. 

Noranda Inc. is a leading international mining and metals company with more than 48 mining and metallurgical operations and projects under development in 17 countries.
Noranda is one of the world's largest producers of zinc and nickel and is a significant producer of copper, primary and fabricated aluminum, lead, silver, gold, sulphuric acid and cobalt. Noranda is
also a major recycler of secondary copper, nickel and precious metals. Noranda employs over 15,000 people. It is listed on The Toronto Stock Exchange and The New York Stock Exchange
(NRD).

—30—

Contact:

	Media:	Investors:
	Dale Coffin	Sharon Loung
	Director, External Communications	Director, Investor Relations
	416-982-7161	416-982-7337
	dale.coffin@toronto.norfalc.com	sharon.loung@toronto.norfalc.com

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Exhibit 4.58  

         

  

n e w s    r e l e a s e 

INTERNATIONAL REPORT DEMONATRATES IMPORTANCE

OF METAL RECYCLING AT NORANDA  

MONTREAL, QUEBEC, April 17, 2003 — Noranda Inc. today said that a recent
report by the North American Commission for Environmental Cooperation (CEC), "Taking Stock 2000", demonstrates the importance of recycling at Noranda's Canadian operations. "Taking Stock" has been
misinterpreted by certain media as implying that Noranda's operations release large quantities of pollutants, based on data that includes releases of pollutants and transfers for metal
recycling.

The Facts Behind the Data  

"Our
objectives are clear", said L. Jacques Moulins, Director, Environment, Health and Safety at Noranda and Falconbridge. "In order to produce high
purity metal products, our smelters and refineries must first remove all of the impurities. These metal impurities are not discarded to landfills but are reprocessed by other Noranda facilities to
maximize value and minimize releases. We have sharply reduced our releases to the environment while increasing metal production, and we'll continue to do so." 

The
CEC data actually showed that over 96% of "total releases and transfers" at Noranda's CCR copper refinery in Montreal-East, Quebec were transfers to other facilities for metal
recycling. 

	Facility
 
	 	Total Reported Releases

and Transfers
 
	 	Transfers to Metal

Recycling
 
	 	Percentage transferred

to Metal Recycling
 

	

	CCR Copper Refinery, Montreal East, Quebec	 	4,332,677 kilograms	 	4,166,112 kilograms	 	96%
	

Moulins added, "Intra-company transfers of recyclable materials account for most of the total releases and transfers that Noranda reports to Environment
Canada's National Pollutant Release Inventory. Unfortunately this important fact was not well presented to the public." 

 
 

Growing Need to Close the Recycling Loop    
  

A
growing social and environmental concern is the rising volume of waste sent for disposal in landfills. Noranda's metal recycling is not limited to reprocessing materials from its own operations.
Noranda is one of the largest recyclers of copper and precious metals in the world, sourcing recyclable material from numerous countries. 

"Citizens understand that recycling reduces pressure on our landfills", Moulins said. "Metals can be recycled indefinitely, and
recycling provides social, environmental and economic benefits. A key element of Noranda's business strategy is to advance sustainable development by helping metal users and consumers to close the
product recycling loop." 

 

 
 

Recycling Makes Business Sense    
  

Noranda
is a preferred partner for more than 300 companies that want to reduce the environmental influence of their activities and products. The Company announced on March 5, 2003 that it is
investing in a new electronic hardware recycling facility in Canada which will be located in Brampton, Ontario. 

"Noranda has made considerable investments in developing a sustainable recycling business," said Cindy Thomas, Plant Manager for Noranda
Recycling. "With a growing social and environmental concern over the rising volume of waste sent for disposal in landfills, very few organizations have invested in the
technical and environmental infrastructure required to recover metals in an environmentally sound and globally competitive manner."

Electronics recycled at Noranda Recycling will come from many sources across Canada including electronic equipment manufacturers, businesses, governments and municipalities.
The plant is expected to process approximately one million pounds a month of end-of-life electronics after opening during the Summer of 2003 and 100% of all electronic hardware
will be recycled.

Noranda Inc. is a leading international mining and metals company with more than 49 mining and metallurgical operations and projects under development
in 17 countries. Noranda is one of the world's largest producers of zinc and nickel and is a significant producer of copper, primary and fabricated aluminum, lead, silver, gold, sulphuric acid and
cobalt. Noranda is also a major recycler of secondary copper, nickel and precious metals.
Noranda employs over 16,000 people. It is listed on The Toronto Stock Exchange and the New York Stock Exchange (NRD). More detailed information on Noranda can be found
at www.noranda.com. 

—30—

Contact:

Hélène V. Gagnon

Director, Public and Corporate Affairs

Noranda Inc. / Falconbridge Limited

514 640-2020

gagnonh@ccr.ca 

2

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