Glencore Canada Suspends Major Investments in Its Horne Smelter

Glencore Canada Suspends Major Investments in Its Horne Smelter
The Horne Smelter in Rouyn-Noranda, owned by Glencore, photographed on, Oct. 29, 2022. The Canadian Press/Stephane Blais
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Glencore Canada has suspended a $300 million investment tied to emissions reductions at its Horne Smelter in Rouyn-Noranda, Que., saying it had not received regulatory certainty to proceed.

The decision raises questions about the future of the smelter in northwestern Quebec as well as its refinery in Montreal, as without the investments, the smelter would not comply with provincial environment standards as of March 2027.