Noranda Aluminum, Inc. filed a motion in the Court for the sale of certain assets on June 13, 2016. The debtor seeks the Court’s approval for the sale of certain assets via a public auction. The debtor’s assets include substantially all of the assets of primary aluminum production business operated by Noranda Aluminum, Inc., Noranda Bauxite Ltd. and Noranda Alumina LLC. To qualify as a qualified bidder, interested parties should submit their bids by September 15, 2016. The debtor may also enter into a purchase agreement with a Stalking Horse Bidder at any time before August 8, 2016. The initial minimum overbid should be at least $0.1 million more than the auction baseline bid; and in case of stalking horse bidder being selected, shall exceed the price by $0.1 million and bid protection amounts. The debtor has scheduled an auction on September 22, 2016. At the auction, the subsequent bids would be in increments of $0.1 million. A qualified bid shall be accompanied by a good faith deposit of 10% of the purchase price. The stalking horse bidder would be entitled to a break-up fee and expense reimbursement in case of termination of the asset purchase agreement. The sale hearing is scheduled for September 27, 2016.