Glencore Canada Suspends Major Investments in Its Horne Smelter

Date:

The Horne Smelter in Rouyn-Noranda, owned by Glencore, photographed on, Oct. 29, 2022. The Canadian Press/Stephane BlaisGlencore 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.

spot_imgspot_imgspot_img

Share post:

More like this
Related

UAE Joins 21 Countries Pledging Support for Safe Passage in Strait of Hormuz

An LPG gas tanker at anchor as traffic is...

Federal Departments, Agencies to Shed 12,000 Full-Time Equivalent Positions

A giant Canadian flag hangs on the side of...

Most NDP Leadership Candidates Say Theyre in No Hurry to Become MPs

NDP leadership candidates Tanille Johnston from left to right,...

South Africa Imposes Steep Anti-Dumping Duties on Chinese and Thai Steel

The ArcelorMittal Saldanha Steel plant in Saldanha Bay,...