US EditionGlencore suspends crucial investments to Quebec Horne Smelter
- On Feb. 3, 2026, Glencore Canada suspended its $300 million emissions-related investment at the Horne Smelter, Rouyn-Noranda, which would not comply with standards by March 2027.
- Glencore had sought regulatory guarantees from the Quebec government before investing, with the $300 million emissions investment part of a nearly $1 billion five-year proposal.
- Company data show arsenic averaged 39.1 ng/m³ in 2024, down from 73 ng/m³ in 2022, while the smelter must meet a 45 ng/m³ target for 2024 and 15 ng/m³ starting in 2027 under the 2023 ministerial authorization, far above the three ng/m³ annual standard.
- About 1,000 workers face risk as investments at the CCR Refinery in Montreal will be scaled back, and Marc Bédard said `Protecting jobs and maintaining operations remain the company's top priorities, but the conditions needed to move forward simply are not in place right now.'
17 Articles
17 Articles
Glencore suspends $300M investment to reduce emissions at Quebec smelter
Glencore is immediately suspending its $300-million investment tied to reducing emissions at the Horne Smelter in Rouyn-Noranda, Que., after the province failed to reach an agreement with the Swiss multinational company.
As of Tuesday, the Horne Foundry in Rouyn-Noranda is beginning a “demobilization plan” for its work teams in preparation for a possible closure within a year, it said in a press release.
Quebec said no to a $149 million cheque requested by Glencore to clean up the Horne Foundry, which is now threatening to close its doors.
By March 2027, the company would not be able to comply with the terms of its licence; the plant would be threatened with closure.
Winnipeg Free Press
Glencore Canada suspends major investments in its Horne Smelter
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