Noranda Aluminum Holding CORP - FORM 10-Q - EX-12.1 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

file	filename
10-Q - FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2011 - Noranda Aluminum Holding CORP	d10q.htm
EX-31.2 - CERTIFICATION OF THE CFO PURSUANT TO RULES 13A-14(A) AND 15D-14(A) - Noranda Aluminum Holding CORP	dex312.htm
EX-32.1 - CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, PURSUANT TO SECTION 906 - Noranda Aluminum Holding CORP	dex321.htm
EX-31.1 - CERTIFICATION OF THE CEO PURSUANT TO RULES 13A-14(A) AND 15D-14(A) - Noranda Aluminum Holding CORP	dex311.htm

Exhibit 12.1

NORANDA ALUMINUM HOLDING CORPORATION

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES


	As of and for the quarter ended March 31, 2011
(in millions)	$
Computation of earnings	$
Income (loss) before tax expense		57.5
Less: equity in net income of investments in affiliates		—
Plus: fixed charges		6.2
Less: capitalized interest		(0.2	)

Earnings		63.5

Computation of fixed charges
Net interest expense		5.7
Capitalized interest		0.2
Interest portion of operating lease expense		0.3

Fixed charges		6.2

Ratio of earnings to fixed charges		10.2

Noranda Aluminum Holding CORP - FORM 10-Q - EX-12.1 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - April 26, 2011