Glencore Copper Smelter Rescue Takes Shape as Canada, Quebec Move to Avert Shutdown
Canada and Quebec are scrambling to keep Glencore’s Horne smelter running, after the company warned it could close the plant in response to stricter pollution limits. According to Dow Jones, which cited a Bloomberg piece that referenced people with knowledge of the talks, Ottawa is mulling roughly C$150 million in aid, while Quebec is looking at possible tweaks to emissions standards. The issue stretches far past just one town in Quebec. According to RBC, Horne and its connected Canadian Copper Refinery make up the country’s sole copper smelter-refinery network still running. Charles Cooper at Wood Mackenzie described the facility as “absolutely instrumental” for North America’s copper supply. Bloomberg put the plant’s share at roughly 16% of regional smelting capacity, with