Glencore Canada Suspends Major Investments in Its Horne Smelter Glencore Canada has suspended a $300 million investment for emissions reductions at its Horne Smelter in Rouyn-Noranda, Quebec, citing a lack of regulatory certainty. This decision jeopardizes the smelter’s operations, as it will not meet provincial environmental standards by March 2027 without the investment. The company sought guarantees from the Quebec government regarding environmental obligations before proceeding with the investment that supports approximately 1,000 jobs.

• Glencore Canada suspended a $300 million investment for emissions reductions at its Horne Smelter.
• The investment was tied to regulatory certainty from the Quebec government.
• The smelter will not comply with provincial environment standards by March 2027 without the investment.
• The Horne Smelter and Montreal refinery employ about 1,000 people.
• Glencore sought guarantees on environmental obligations from the Quebec government.